COUPA SOFTWARE INC (COUP) Stock Technical Analysis
NASDAQ:COUP - Nasdaq - US22266L1061 - Common Stock - Currency: USD
Overall COUP gets a technical rating of 8 out of 10. Although COUP is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
COUP has an average volume of 3498950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, COUP turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
COUP is an average performer in the Software industry, it outperforms 58% of 284 stocks in the same industry.
COUP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so COUP is lagging the market slightly.
In the last month COUP has a been trading in a tight range between 79.60 and 80.98.
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
82.26
When analyzing the support we notice one important 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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
80.97
+0.63 (+0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.78%
1 Week1.21%
2 Weeks1.07%
1 Month1.53%
3 Month25.2%
6 Month42.1%
12 Month-28.82%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%0.28%
ATR Inc93.27%
Range Today0.03
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.95
Mansfield1.45
10 Day High80.98
10 Day Low79.93
20 Day High80.98
20 Day Low79.6
52 Week High117.42
52 Week Low40.3
CS1 End80.2
CR1 Start80.98
Volume & EV
DER(3)1.04%
DER(5)-0.33%
Volume5.08M
Volume Incr42.1%
Vol(5)2.71M
Vol(50)3.50M