COYA THERAPEUTICS INC (COYA) Stock Technical Analysis
NASDAQ:COYA - Nasdaq - US22407B1089 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to COYA. Recently some decent action could be observed, but in the medium term time frame this is still negative. COYA was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, COYA is a bad performer in the overall market: 77% of all stocks are doing better.
COYA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
COYA is an average performer in the Biotechnology industry, it outperforms 61% of 555 stocks in the same industry.
In the last month COYA has a been trading in the 5.24 - 6.22 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, COYA does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 5.93. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.40, a Stop Loss order could be placed below this zone.
More info and screens
5.06
7.76
We found 2 important support areas.
- A support zone ranging from 5.24 to 5.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 5.11 to 5.12. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 5.93 to 5.96. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @6.38 from a horizontal line in the weekly time frame.
- Resistance @7.33 from a horizontal line in the daily time frame.
- Resistance @7.68 from a trend line in the weekly 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 COYA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for COYA is neutral. |
| ChartMill Relative Strength | 23.06 | NEGATIVE | COYA has a low relative strength, it was outperformed by 76.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of COYA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of COYA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of COYA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.64 | NEUTRAL | The RSI value for COYA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests COYA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.04 | NEUTRAL | The Stochastics value for COYA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.17 | HIGH VOLATILITY | The high ATR as a percentage value for COYA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.57 | NEGATIVE | The low ADX value for COYA 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)
5.85
-0.05 (-0.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.85%
1 Week6.27%
2 Weeks8.94%
1 Month9.71%
3 Month-10.82%
6 Month-1.18%
12 Month-3.47%
2 Year43.73%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%6.17%
ATR Inc-0.11%
Range Today0.33
ADR(20)0.36
ADR(20)%6.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.06
Mansfield-1.35
10 Day High6.22
10 Day Low5.3
20 Day High6.22
20 Day Low5.24
52 Week High10.24
52 Week Low4.65
CS1 End5.4
CR1 Start5.93
Volume & EV
DER(3)-6.53%
DER(5)-6.62%
Volume94.80K
Volume Incr63.03%
Vol(5)67.60K
Vol(50)54.11K