COWEN INC - A (COWN) Technical Analysis
NASDAQ:COWN • US2236226062
Current stock price
COWN Technical Rating and Analysis
Overall COWN gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, COWN is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- COWN is part of the Capital Markets industry. There are 239 other stocks in this industry. COWN outperforms 94% of them.
- COWN is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so COWN is leading the market.
- When comparing the yearly performance of all stocks, we notice that COWN is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- In the last month COWN has a been trading in a tight range between 38.84 and 39.07.
- Volume is considerably higher in the last couple of days.
COWN Weekly and Daily overview Charts
COWN Setup Rating and Analysis
COWN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 39.02. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 38.98, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
COWN Support and Resistance Analysis
37.99
We found 1 important support area.
- A support zone ranging from 38.37 to 38.98. 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 39.02 to 39.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
COWN 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 COWN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for COWN is up. |
| ChartMill Relative Strength | 91.93 | POSITIVE | COWN has a high relative strength, it outperformed 91.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of COWN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of COWN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of COWN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.54 | NEUTRAL | The RSI value for COWN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests COWN has a negative trend. |
| Stochastics (14,3) | 65.08 | NEUTRAL | The Stochastics value for COWN is a neutral value. |
| Average True Range in percent/ATR (20) | 0.16 | LOW VOLATILITY | The low ATR as a percentage value for COWN suggests low volalility. |
| Average Directional Index/ADX (14) | 44.78 | POSITIVE | The high ADX value value for COWN suggests a strong trend. |
COWN Chart- and CandleStick Pattern Analysis
COWN Example Setup
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 |
|---|---|---|---|
| 39.04 | 38.87 | 0.17 (0.44%) | 25.00% |
| An entry @39.04. This is a Buy Stop order right above the resistance zone. | An exit @38.87. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.17 points, which is 0.44%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.11%. |
- 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.
COWN Technicals: Chart, Performance Metrics, Trend & Indicators
38.99
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COWEN INC - A / COWN TA FAQ
What is the technical rating for COWN stock?
ChartMill assigns a technical rating of 7 / 10 to COWN.
What is the current trend direction of COWEN INC - A (COWN) stock?
The current trend direction for COWEN INC - A (COWN) is Bullish.
Can you provide the RSI signal for COWEN INC - A?
COWEN INC - A (COWN) has an RSI value of 63.5424. This indicates that the stock is currently neutral.
What is the buy/sell signal for COWEN INC - A (COWN) stock?
The buy/sell signal for COWEN INC - A (COWN) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for COWEN INC - A?
COWEN INC - A (COWN) has a support level at 38.98 and a resistance level at 39.02. Check the full technical report for our detailed analysis of COWN support and resistance levels.