COURSERA INC (COUR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:COUR - US22266M1045 - Common Stock
We assign a technical rating of 0 out of 10 to COUR. COUR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, COUR is a bad performer in the overall market: 87% of all stocks are doing better.
- COUR is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- COUR is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- COUR has an average volume of 3523130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- COUR is part of the Diversified Consumer Services industry. There are 76 other stocks in this industry, COUR did better than 42% of them.
COUR has a poor technical rating and the quality of the setup is also only medium 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.
More info and screens
6.10
We found 1 important support area.
- A support zone ranging from 6.16 to 6.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 6.51 to 6.53. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for COUR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for COUR is down. |
| ChartMill Relative Strength | 13.66 | NEGATIVE | COUR has a low relative strength, it was outperformed by 86.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of COUR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of COUR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of COUR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 29.42 | OVERSOLD | The low RSI value suggests COUR may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests COUR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.88 | OVERSOLD | The low Stochastics value suggests COUR may be oversold. |
| Average True Range in percent/ATR (20) | 4.09 | MEDIUM VOLATILITY | The ATR as a percentage value for COUR suggests some volalility. |
| Average Directional Index/ADX (14) | 19.14 | NEGATIVE | The low ADX value for COUR suggests a weak or negative trend. |
6.34
-0.16 (-2.46%)
COURSERA INC / COUR FAQ
What is the ChartMill technical rating of COURSERA INC (COUR) stock?
ChartMill assigns a technical rating of 0 / 10 to COUR.
What is the current trend direction of COURSERA INC (COUR) stock?
The current trend direction for COURSERA INC (COUR) is Bearish.
What is the RSI signal for COURSERA INC (COUR) stock?
COURSERA INC (COUR) has an RSI value of 29.4156. This indicates that the stock is currently oversold.
Can you provide the MACD signal for COURSERA INC?
The MACD indicator for COURSERA INC (COUR) has a value of -0.0194421, indicating a bearish trend.
What is the buy/sell signal for COURSERA INC (COUR) stock?
The buy/sell signal for COURSERA INC (COUR) is sell as both the short term and long term trends are negative.