COUPA SOFTWARE INC (COUP) Technical Analysis
NASDAQ:COUP • US22266L1061
Current stock price
COUP Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to COUP. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- COUP is part of the Software industry. There are 278 other stocks in this industry. COUP outperforms 83% of them.
- 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 compared to the yearly performance of all other stocks, COUP outperforms 66% of them, which is more or less in line with the market.
- 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.
COUP Weekly and Daily overview Charts
COUP Setup Rating and Analysis
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
COUP Support and Resistance Analysis
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.
When analyzing the resistance we notice one important 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.
COUP Technical Indicator Signal Analysis
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. |
COUP Chart- and CandleStick Pattern Analysis
COUP Technicals: Chart, Performance Metrics, Trend & Indicators
80.97
+0.63 (+0.78%)
COUPA SOFTWARE INC / COUP TA FAQ
What is the technical rating for COUP stock?
ChartMill assigns a technical rating of 8 / 10 to COUP.
What is the trend direction for COUP stock?
The current trend direction for COUPA SOFTWARE INC (COUP) is Bullish.
What is the RSI signal for COUPA SOFTWARE INC (COUP) stock?
COUPA SOFTWARE INC (COUP) has an RSI value of 77.4102. This indicates that the stock is currently overbought.
What is the short term momentum for COUP stock?
The short term momentum for COUPA SOFTWARE INC (COUP) is positive.
Can you provide the buy/sell signal for COUPA SOFTWARE INC?
The buy/sell signal for COUPA SOFTWARE INC (COUP) is buy as both the short term and long term trends are positive.