COUPA SOFTWARE INC (COUP) Stock Technical Analysis
USA - NASDAQ:COUP - US22266L1061 - Common Stock
Overall COUP gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, COUP is only an average performer.
Although COUP has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
77.65
We found 1 important support area.
- A support zone ranging from 78.43 to 80.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 80.98 to 81.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for COUP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for COUP is up. |
| ChartMill Relative Strength | 66.95 | NEUTRAL | COUP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of COUP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of COUP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of COUP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.41 | OVERBOUGHT | The high RSI value suggests COUP may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests COUP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 84.16 | OVERBOUGHT | The high Stochastics value suggests COUP may be overbought. |
| Average True Range in percent/ATR (20) | 0.28 | LOW VOLATILITY | The low ATR as a percentage value for COUP suggests low volalility. |
| Average Directional Index/ADX (14) | 49.4 | POSITIVE | The high ADX value value for COUP suggests a strong trend. |
80.97
+0.63 (+0.78%)
COUPA SOFTWARE INC / COUP FAQ
What is the technical rating for COUP stock?
ChartMill assigns a technical rating of 8 / 10 to COUP.
Can you provide the trend direction for COUPA SOFTWARE INC?
The current trend direction for COUPA SOFTWARE INC (COUP) is Bullish.
Can you provide the RSI signal for COUPA SOFTWARE INC?
COUPA SOFTWARE INC (COUP) has an RSI value of 77.4102. This indicates that the stock is currently overbought.
Can you provide the MACD signal for COUPA SOFTWARE INC?
The MACD indicator for COUPA SOFTWARE INC (COUP) has a value of -0.13626, indicating a bearish trend.
What is the buy/sell signal for COUPA SOFTWARE INC (COUP) stock?
The buy/sell signal for COUPA SOFTWARE INC (COUP) is buy as both the short term and long term trends are positive.