COURSERA INC (COUR) Stock Technical Analysis
NYSE:COUR - New York Stock Exchange, Inc. - US22266M1045 - Common Stock - Currency: USD
Taking everything into account, COUR scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, COUR has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that COUR is one of the better performing stocks in the market, outperforming 84% of all stocks.
COUR is one of the better performing stocks in the Diversified Consumer Services industry, it outperforms 73% of 72 stocks in the same industry.
COUR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
COUR has an average volume of 1968870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
COUR 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 COUR is lagging the market slightly.
Besides having an excellent technical rating, COUR also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 8.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.78, a Stop Loss order could be placed below this zone.
More info and screens
8.38
9.10
We found 2 important support areas.
- A support zone ranging from 8.72 to 8.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 8.46 to 8.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.99 to 9.01. 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 COUR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for COUR is up. |
| ChartMill Relative Strength | 84.38 | POSITIVE | COUR has a high relative strength, it outperformed 84.38% 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) | 59.97 | NEUTRAL | The RSI value for COUR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests COUR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 53.86 | NEUTRAL | The Stochastics value for COUR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.95 | MEDIUM VOLATILITY | The ATR as a percentage value for COUR suggests some volalility. |
| Average Directional Index/ADX (14) | 40.28 | POSITIVE | The high ADX value value for COUR 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.02 | 8.71 | 0.31 (3.44%) | 25.00% |
| An entry @9.02. This is a Buy Stop order right above the resistance zone. | An exit @8.71. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.31 points, which is 3.44%. | For a 0.86% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of COUR. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
8.85
-0.14 (-1.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-1.56%
1 Week3.51%
2 Weeks-1.01%
1 Month5.23%
3 Month11.74%
6 Month11.32%
12 Month16.45%
2 Year-30.09%
3 Year-47.66%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%2.95%
ATR Inc-2.56%
Range Today0.19
ADR(20)0.25
ADR(20)%2.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.38
Mansfield0.93
10 Day High9.14
10 Day Low8.42
20 Day High9.3
20 Day Low8.39
52 Week High11.74
52 Week Low5.76
CS1 End8.78
CR1 Start8.99
Volume & EV
DER(3)-0.28%
DER(5)-0.8%
Volume1.53M
Volume Incr-27.56%
Vol(5)1.60M
Vol(50)1.97M