COUPANG INC (CPNG) Technical Analysis
NYSE:CPNG • US22266T1097
Current stock price
19.76 USD
+0.1 (+0.51%)
At close:
19.81 USD
+0.05 (+0.25%)
After Hours:
CPNG Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to CPNG. Recently some decent action could be observed, but in the medium term time frame this is still negative. CPNG was also a bad performer in the overall market in the last year.
- 80% of all other stocks performed better in the past year than CPNG.
- CPNG is part of the Broadline Retail industry. There are 30 other stocks in this industry, of which 62% are performing better than CPNG.
- CPNG 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.
- CPNG has an average volume of 23957500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- In the last month CPNG has a been trading in the 17.73 - 21.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
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
17.91
21.01
We found 4 important support areas.
- Support @19.63 from a trend line in the daily time frame.
- A support zone ranging from 18.87 to 19.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @18.42 from a trend line in the daily time frame.
- Support @18.09 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @20.33 from a horizontal line in the daily time frame.
- Resistance @20.80 from a horizontal line 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 | UP | POSITIVE | The short term trend for CPNG is up. |
| ChartMill Relative Strength | 20.11 | NEGATIVE | CPNG has a low relative strength, it was outperformed by 79.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CPNG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CPNG is above 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) | 55.99 | NEUTRAL | The RSI value for CPNG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests CPNG has a positive trend. |
| Stochastics (14,3) | 62.34 | NEUTRAL | The Stochastics value for CPNG is a neutral value. |
| Average True Range in percent/ATR (20) | 4.39 | MEDIUM VOLATILITY | The ATR as a percentage value for CPNG suggests some volalility. |
| Average Directional Index/ADX (14) | 14.52 | NEGATIVE | The low ADX value for CPNG suggests a weak or negative trend. |
CPNG Chart- and CandleStick Pattern Analysis
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)
CPNG Technicals: Chart, Performance Metrics, Trend & Indicators
19.76
+0.1 (+0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg0.51%
1 Week4.27%
2 Weeks7.57%
1 Month6.58%
3 Month-13.1%
6 Month-36.73%
12 Month-8.73%
2 Year-12.18%
3 Year17.9%
5 Year-52.84%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.75
ATR(20)%4.39%
ATR Inc-50.07%
Range Today0.36
ADR(20)0.76
ADR(20)%3.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.11
3 months CRS24.22
6 months CRS14.36
Mansfield-2.79
10 Day High20.89
10 Day Low17.73
20 Day High21.65
20 Day Low17.73
52 Week High34.08
52 Week Low16.74
CS1 End19.63
CR1 Start20.33
Volume & EV
DER(3)-0.02%
DER(5)0.45%
Volume12.23M
Volume Incr-31.4%
Vol(5)14.52M
Vol(50)23.96M
COUPANG INC / CPNG TA FAQ
What is the technical rating for CPNG stock?
ChartMill assigns a technical rating of 2 / 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 COUPANG INC (CPNG) stock?
COUPANG INC (CPNG) has an RSI value of 55.9892. This indicates that the stock is currently neutral.
What is the short term momentum for CPNG stock?
The short term momentum for COUPANG INC (CPNG) is positive.
Can you provide the support and resistance levels for COUPANG INC?
COUPANG INC (CPNG) has a support level at 19.63 and a resistance level at 20.33. Check the full technical report for our detailed analysis of CPNG support and resistance levels.