COPA HOLDINGS SA-CLASS A (CPA) Stock Technical Analysis
NYSE:CPA - New York Stock Exchange, Inc. - PAP310761054 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to CPA. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CPA is only an average performer.
The long and short term trends are both positive. This is looking good!
CPA is part of the Passenger Airlines industry. There are 23 other stocks in this industry. CPA outperforms 72% of them.
CPA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CPA is lagging the market slightly.
CPA 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.
Looking at the yearly performance, CPA did better than 76% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
CPA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 106.14, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CPA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
83.18
110.92
When analyzing the support we can see 4 important areas.
- A support zone ranging from 104.74 to 106.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 96.14 to 97.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @88.69 from a trend line in the weekly time frame.
- A support zone ranging from 84.02 to 86.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 107.03 to 108.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @109.82 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 | 76.44 | POSITIVE | CPA has a high relative strength, it outperformed 76.44% 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) | 56.58 | NEUTRAL | The RSI value for CPA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.58 | NEGATIVE | The MACD value suggests CPA has a negative trend. |
| Stochastics (14,3) | 62.56 | NEUTRAL | The Stochastics value for CPA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.5 | MEDIUM VOLATILITY | The ATR as a percentage value for CPA suggests some volalility. |
| Average Directional Index/ADX (14) | 30.36 | POSITIVE | The high ADX value value for CPA 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 |
|---|---|---|---|
| 108.01 | 104.73 | 3.28 (3.04%) | 25.00% |
| An entry @108.01. This is a Buy Stop order right above the resistance zone. | An exit @104.73. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.28 points, which is 3.04%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.76%. |
- The distance between exit and entry is rather small compared to the average daily movement of CPA. 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.
106.15
-1.27 (-1.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg-1.18%
1 Week-0.45%
2 Weeks-3.1%
1 Month4.17%
3 Month14.41%
6 Month21.23%
12 Month11.25%
2 Year-4.01%
3 Year67.51%
5 Year109.95%
10 Year28.53%
15 Year140.05%
Volatility
ATR(14)2.85
ATR(20)%2.5%
ATR Inc-0.92%
Range Today3.63
ADR(20)2.58
ADR(20)%2.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.44
Mansfield0.77
10 Day High110.73
10 Day Low103.65
20 Day High110.73
20 Day Low100.33
52 Week High110.73
52 Week Low80.01
CS1 End106.14
CR1 Start107.03
Volume & EV
DER(3)0.25%
DER(5)4.16%
Volume446.90K
Volume Incr-10.26%
Vol(5)389.86K
Vol(50)363.07K