COURSERA INC (COUR) Stock Technical Analysis
NYSE:COUR - New York Stock Exchange, Inc. - US22266M1045 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to COUR. COUR has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
COUR is one of the better performing stocks in the Diversified Consumer Services industry, it outperforms 70% of 72 stocks in the same industry.
COUR is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month COUR has a been trading in the 7.98 - 12.49 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
COUR has an average volume of 2254220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, COUR did better than 84% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although COUR 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
8.31
12.49
When analyzing the support we can see 2 important areas.
- A support zone ranging from 8.75 to 9.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.39 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for COUR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for COUR is up. |
| ChartMill Relative Strength | 84.9 | POSITIVE | COUR has a high relative strength, it outperformed 84.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of COUR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of COUR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of COUR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 87.03 | OVERBOUGHT | The high RSI value suggests COUR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests COUR has a positive trend. |
| Stochastics (14,3) | 93.76 | OVERBOUGHT | The high Stochastics value suggests COUR may be overbought. |
| Average True Range in percent/ATR (20) | 3.62 | MEDIUM VOLATILITY | The ATR as a percentage value for COUR suggests some volalility. |
| Average Directional Index/ADX (14) | 19.08 | NEGATIVE | The low ADX value for COUR suggests a weak or negative 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)
12.37
+3.29 (+36.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg36.23%
1 Week41.53%
2 Weeks52.9%
1 Month43.34%
3 Month41.37%
6 Month43.01%
12 Month15.39%
2 Year-21.16%
3 Year-10.94%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.53
ATR(20)%3.62%
ATR Inc544.51%
Range Today1.49
ADR(20)0.34
ADR(20)%2.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.9
Mansfield3.99
10 Day High12.49
10 Day Low7.98
20 Day High12.49
20 Day Low7.98
52 Week High12.49
52 Week Low5.76
CS1 End9.1
CR1 StartN/A
Volume & EV
DER(3)1.55%
DER(5)2.64%
Volume26.71M
Volume Incr354.91%
Vol(5)7.74M
Vol(50)2.25M