COTY INC-CL A (COTY) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:COTY - US2220702037 - Common Stock
Taking everything into account, COTY scores 0 out of 10 in our technical rating. COTY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, COTY does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 3.21. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.16, a Stop Loss order could be placed below this zone.
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3.06
When analyzing the support we notice one important area.
- A support zone ranging from 3.09 to 3.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 3.21 to 3.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.28 from a trend line in the weekly time frame.
- A resistance zone ranging from 3.43 to 3.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.42 from a trend line 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 | 7.19 | NEGATIVE | COTY has a low relative strength, it was outperformed by 92.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of COTY is above 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) | 48.39 | NEUTRAL | The RSI value for COTY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests COTY has a positive trend. |
| Stochastics (14,3) | 61.77 | NEUTRAL | The Stochastics value for COTY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.52 | MEDIUM VOLATILITY | The ATR as a percentage value for COTY suggests some volalility. |
| Average Directional Index/ADX (14) | 15.83 | NEGATIVE | The low ADX value for COTY suggests a weak or negative trend. |
3.2
+0.01 (+0.31%)
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 48.39. 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.