US2236226062 - Common Stock
Taking everything into account, COWN scores 7 out of 10 in our technical rating. Although COWN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
COWN has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 38.9. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 38.85, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for COWN in the last couple of days, which is a good sign.
Given the decent technical rating and the setup score, we can suggest the following trade.
|An entry @38.91. This is a Buy Stop order right above the resistance zone.||An exit @38.76. This is a Stop Loss order right below the 10 day low.||The worst case loss on the trade is limited to 0.15 points, which is 0.39%.||For a 0.10% total portfolio risk, you can invest 25.00% of your capital in this trade.|
NASDAQ:COWN (2/2/2023, 9:29:42 AM)+0.01 (+0.03%)
|GICS Industry||Capital Markets|
|2 Weeks||0.28%||1 Month||0.7%|
|3 Month||0.44%||6 Month||0.62%|
|ATR Inc||-19.62%||Range Today||0.01|
|ST Trend||LT Trend|
|10 Day High||38.92||10 Day Low||38.77|
|20 Day High||38.92||20 Day Low||38.62|
|52 Week High||38.92||52 Week Low||21.36|
|CS1 End||38.85||CR1 Start||38.9|
Find stocks with similar TA and Setup ratings on the USA
Find the competitors with the best technical ratings on the USA
Find the competitors with the best technical and setup ratings on the USA