COTY INC-CL A (COTY) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:COTY - US2220702037 - Common Stock
We assign a technical rating of 0 out of 10 to COTY. COTY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, COTY does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for COTY in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.06
We found 1 important support area.
- Support @3.09 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 3.22 to 3.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.32 from a trend line in the weekly time frame.
- A resistance zone ranging from 3.46 to 3.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.38 to 4.45. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @5.17 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for COTY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for COTY is down. |
| ChartMill Relative Strength | 9.16 | NEGATIVE | COTY has a low relative strength, it was outperformed by 90.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of COTY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of COTY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of COTY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.24 | NEUTRAL | The RSI value for COTY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests COTY has a positive trend. |
| Stochastics (14,3) | 35.42 | NEUTRAL | The Stochastics value for COTY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.43 | MEDIUM VOLATILITY | The ATR as a percentage value for COTY suggests some volalility. |
| Average Directional Index/ADX (14) | 16.69 | NEGATIVE | The low ADX value for COTY suggests a weak or negative trend. |
3.11
+0.03 (+0.97%)
COTY INC-CL A / COTY FAQ
What is the technical rating for COTY stock?
ChartMill assigns a technical rating of 0 / 10 to COTY.
Can you provide the trend direction for COTY INC-CL A?
The current trend direction for COTY INC-CL A (COTY) is Bearish.
What is the RSI signal for COTY stock?
COTY INC-CL A (COTY) has an RSI value of 40.2386. This indicates that the stock is currently neutral.
What is the short term momentum for COTY stock?
The short term momentum for COTY INC-CL A (COTY) is negative.
What is the buy/sell signal for COTY stock?
The buy/sell signal for COTY INC-CL A (COTY) is sell as both the short term and long term trends are negative.