COPA HOLDINGS SA-CLASS A (CPA) Stock Technical Analysis
NYSE:CPA - New York Stock Exchange, Inc. - PAP310761054 - Common Stock - Currency: USD
Overall CPA gets a technical rating of 8 out of 10. Although CPA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
CPA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month CPA has a been trading in the 99.32 - 114.15 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, CPA did better than 78% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
CPA is an average performer in the Passenger Airlines industry, it outperforms 57% of 22 stocks in the same industry.
Besides having an excellent technical rating, CPA also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 107.93, 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
83.18
114.79
When analyzing the support we can see 6 important areas.
- A support zone ranging from 106.73 to 107.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 102.50 to 104.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @96.14 from a horizontal line in the daily time frame.
- Support @89.15 from a trend line in the weekly time frame.
- Support @86.09 from a horizontal line in the weekly time frame.
- Support @84.02 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @111.64 from a horizontal line in the weekly time frame.
- Resistance @113.65 from a horizontal 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 | UP | POSITIVE | The long term trend for CPA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CPA is up. |
| ChartMill Relative Strength | 78.1 | POSITIVE | CPA has a high relative strength, it outperformed 78.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CPA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CPA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CPA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.72 | NEUTRAL | The RSI value for CPA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests CPA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.46 | OVERBOUGHT | The high Stochastics value suggests CPA may be overbought. |
| Average True Range in percent/ATR (20) | 2.75 | MEDIUM VOLATILITY | The ATR as a percentage value for CPA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.19 | NEGATIVE | The low ADX value for CPA 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)
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 |
|---|---|---|---|
| 111.65 | 106.72 | 4.93 (4.42%) | 22.65% |
| An entry @111.65. This is a Buy Stop order right above the resistance zone. | An exit @106.72. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.93 points, which is 4.42%. | When investing 22.65% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
110.38
-3.27 (-2.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg-2.88%
1 Week-1.13%
2 Weeks3.21%
1 Month3.98%
3 Month26.25%
6 Month26.41%
12 Month14.56%
2 Year-6.47%
3 Year64.21%
5 Year166.36%
10 Year46.14%
15 Year113.71%
Volatility
ATR(14)3.13
ATR(20)%2.75%
ATR Inc74.06%
Range Today3.35
ADR(20)2.76
ADR(20)%2.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.1
Mansfield0.78
10 Day High114.15
10 Day Low104.9
20 Day High114.15
20 Day Low99.32
52 Week High114.15
52 Week Low80.01
CS1 End107.93
CR1 Start111.64
Volume & EV
DER(3)1.36%
DER(5)0.69%
Volume342.10K
Volume Incr-0.76%
Vol(5)308.08K
Vol(50)351.07K