COTY INC-CL A (COTY) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:COTY - US2220702037 - Common Stock
Overall COTY gets a technical rating of 0 out of 10. 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.
The technical rating of COTY is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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3.27
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 3.30 to 3.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.73 from a trend line in the weekly time frame.
- A resistance zone ranging from 3.85 to 3.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.37 to 4.38. 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 | 7.43 | NEGATIVE | COTY has a low relative strength, it was outperformed by 92.57% 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) | 35.99 | NEUTRAL | The RSI value for COTY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests COTY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.46 | OVERSOLD | The low Stochastics value suggests COTY may be oversold. |
| Average True Range in percent/ATR (20) | 4.53 | MEDIUM VOLATILITY | The ATR as a percentage value for COTY suggests some volalility. |
| Average Directional Index/ADX (14) | 19.03 | NEGATIVE | The low ADX value for COTY suggests a weak or negative trend. |
3.3
+0.07 (+2.17%)
COTY INC-CL A / COTY FAQ
What is the technical rating for COTY stock?
ChartMill assigns a technical rating of 0 / 10 to COTY.
What is the trend direction for COTY stock?
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 35.9854. This indicates that the stock is currently neutral.
What is the short term momentum for COTY INC-CL A (COTY) stock?
The short term momentum for COTY INC-CL A (COTY) is negative.
Can you provide the support and resistance levels for COTY INC-CL A?
COTY INC-CL A (COTY) has a resistance level at 3.3. Check the full technical report for our detailed analysis of COTY support and resistance levels.