COUPANG INC (CPNG) Technical Analysis
NYSE:CPNG • US22266T1097
Current stock price
CPNG Technical Rating and Analysis
Taking everything into account, CPNG scores 1 out of 10 in our technical rating. CPNG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 85% of all other stocks performed better in the past year than CPNG.
- CPNG is one of the lesser performing stocks in the Broadline Retail industry. 79% of 30 stocks in the same industry do better.
- CPNG is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CPNG is lagging the market.
- CPNG has an average volume of 25668800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month CPNG has a been trading in the 16.93 - 20.34 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CPNG Weekly and Daily overview Charts
CPNG Setup Rating and Analysis
Although the technical rating is bad, CPNG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
CPNG Support and Resistance Analysis
16.62
When analyzing the support we notice one important area.
- A support zone ranging from 16.79 to 16.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 18.62 to 18.67. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 19.03 to 19.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 19.76 to 19.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
CPNG 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 | DOWN | NEGATIVE | The long term trend for CPNG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CPNG is down. |
| ChartMill Relative Strength | 15.03 | NEGATIVE | CPNG has a low relative strength, it was outperformed by 84.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CPNG is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CPNG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CPNG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.53 | NEUTRAL | The RSI value for CPNG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests CPNG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 34.63 | NEUTRAL | The Stochastics value for CPNG is a neutral value. |
| Average True Range in percent/ATR (20) | 4.84 | MEDIUM VOLATILITY | The ATR as a percentage value for CPNG suggests some volalility. |
| Average Directional Index/ADX (14) | 18.4 | NEGATIVE | The low ADX value for CPNG suggests a weak or negative trend. |
CPNG Chart- and CandleStick Pattern Analysis
CPNG Technicals: Chart, Performance Metrics, Trend & Indicators
18.45
-0.09 (-0.49%)
COUPANG INC / CPNG TA FAQ
What is the ChartMill technical rating of COUPANG INC (CPNG) stock?
ChartMill assigns a technical rating of 1 / 10 to CPNG.
Can you provide the trend direction for COUPANG INC?
The current trend direction for COUPANG INC (CPNG) is Bearish.
What is the RSI signal for CPNG stock?
COUPANG INC (CPNG) has an RSI value of 43.5299. This indicates that the stock is currently neutral.
Can you provide the MACD signal for COUPANG INC?
The MACD indicator for COUPANG INC (CPNG) has a value of 0.0780659, indicating a bearish trend.
What is the buy/sell signal for COUPANG INC (CPNG) stock?
The buy/sell signal for COUPANG INC (CPNG) is sell as both the short term and long term trends are negative.