Cooper Tire & Rubber Company (CTB) Technical Analysis
NYSE:CTB
Current stock price
CTB Technical Rating and Analysis
Overall CTB gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CTB is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, CTB did better than 85% of all other stocks. We also observe that the gains produced by CTB over the past year are nicely spread over this period.
- CTB is part of the Automobile Components industry. There are 42 other stocks in this industry. CTB outperforms 70% of them.
- CTB is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month CTB has a been trading in a tight range between 57.99 and 60.46.
CTB Weekly and Daily overview Charts
CTB Setup Rating and Analysis
CTB has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 60.18. Right above this resistance zone may be a good entry point.
More info and screens
CTB Support and Resistance Analysis
42.92
5 important support areas can be observed.
- A support zone ranging from 57.90 to 58.10. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 55.88 to 56.68. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @54.79 from a horizontal line in the daily time frame.
- Support @45.48 from a trend line in the weekly time frame.
- A support zone ranging from 43.35 to 43.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 60.18 to 60.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
CTB 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 | UP | POSITIVE | The long term trend for CTB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CTB is up. |
| ChartMill Relative Strength | 85.52 | POSITIVE | CTB has a high relative strength, it outperformed 85.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CTB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CTB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CTB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.23 | NEUTRAL | The RSI value for CTB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CTB has a positive trend. |
| Stochastics (14,3) | 86.45 | OVERBOUGHT | The high Stochastics value suggests CTB may be overbought. |
| Average True Range in percent/ATR (20) | 1.2 | LOW VOLATILITY | The low ATR as a percentage value for CTB suggests low volalility. |
CTB Chart- and CandleStick Pattern Analysis
CTB Example Setup
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 |
|---|---|---|---|
| 60.51 | 58.31 | 2.20 (3.64%) | 25.00% |
| An entry @60.51. This is a Buy Stop order right above the resistance zone. | An exit @58.31. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.20 points, which is 3.64%. | For a 0.91% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
CTB Technicals: Chart, Performance Metrics, Trend & Indicators
60.17
-0.03 (-0.05%)
Cooper Tire & Rubber Company / CTB TA FAQ
Can you provide the ChartMill technical rating for Cooper Tire & Rubber Company?
ChartMill assigns a technical rating of 10 / 10 to CTB.
Can you provide the trend direction for Cooper Tire & Rubber Company?
The current trend direction for Cooper Tire & Rubber Company (CTB) is Bullish.
What is the RSI signal for Cooper Tire & Rubber Company (CTB) stock?
Cooper Tire & Rubber Company (CTB) has an RSI value of 64.2267. This indicates that the stock is currently neutral.
Can you provide the short term momentum for Cooper Tire & Rubber Company?
The short term momentum for Cooper Tire & Rubber Company (CTB) is positive.
What is the buy/sell signal for CTB stock?
The buy/sell signal for Cooper Tire & Rubber Company (CTB) is buy as both the short term and long term trends are positive.