COINBASE GLOBAL INC -CLASS A (COIN)
US19260Q1076 - Common Stock
We assign a technical rating of 6 out of 10 to COIN. In the last year, COIN was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month COIN has a been trading in the 194.93 - 239.00 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, COIN did better than 98% of all other stocks. On top of that, COIN also shows a nice and consistent pattern of rising prices.
COIN is part of the Capital Markets industry. There are 212 other stocks in this industry. COIN outperforms 100% of them.
COIN has an average volume of 10549200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
COIN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so COIN is lagging the market.
COIN has only a medium technical rating, but it does show 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 200.91, a Stop Loss order could be placed below this zone.
More info and screens
165.62
222.12
When analyzing the support we can see 2 important areas.
- A support zone ranging from 199.16 to 200.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @167.29 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @219.92 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.67
Mansfield4.25
10 Day High235.8
10 Day Low194.93
20 Day High239
20 Day Low194.93
52 Week High283.48
52 Week Low46.43
Performance
1 Week3.32%
2 Weeks-7.01%
1 Month-1.62%
3 Month15.14%
6 Month109.59%
12 Month265.62%
2 Year165.81%
3 Year-12.23%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.65
RSI(14)46
LBB192.02
UBB230.72
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 |
|---|---|---|---|
| 219.93 | 199.15 | 20.78 (9.45%) | 10.58% |
| An entry @219.93. This is a Buy Stop order right above the resistance zone. | An exit @199.15. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 20.78 points, which is 9.45%. | When investing 10.58% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of COIN. 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.
COINBASE GLOBAL INC -CLASS A
NASDAQ:COIN (5/17/2024, 7:00:01 PM)
After market: 207.27 -0.33 (-0.16%)207.6
+8.43 (+4.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg4.23%
1 Week3.32%
2 Weeks-7.01%
1 Month-1.62%
3 Month15.14%
6 Month109.59%
12 Month265.62%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)14.79
ATR(20)%7.32%
ATR Inc
Range Today10.84
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High235.8
10 Day Low194.93
20 Day High239
20 Day Low194.93
52 Week High283.48
52 Week Low46.43
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume8.69M
Volume Incr-3.68%
Vol(5)8.62M
Vol(50)10.55M