CHOICEONE FINANCIAL SVCS INC (COFS) Stock Technical Analysis
NASDAQ:COFS - Nasdaq - US1703861062 - Common Stock
We assign a technical rating of 6 out of 10 to COFS. Although COFS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: COFS has an average volume of 28136 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
COFS 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 COFS is lagging the market slightly.
Looking at the yearly performance, COFS did better than 71% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
COFS is an average performer in the Banks industry, it outperforms 59% of 405 stocks in the same industry.
In the last month COFS has a been trading in the 32.61 - 36.57 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, COFS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
31.10
38.10
3 important support areas can be observed.
- A support zone ranging from 34.10 to 34.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 32.60 to 33.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 31.41 to 31.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 37.52 to 37.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.54
Mansfield0.98
10 Day High35.27
10 Day Low32.61
20 Day High36.57
20 Day Low32.61
52 Week High38.15
52 Week Low21.52
Performance
1 Week6.45%
2 Weeks0.14%
1 Month1.5%
3 Month5.94%
6 Month30.28%
12 Month18.35%
2 Year21.88%
3 Year35.45%
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)0.07
RSI(14)51.73
LBB32.74
UBB36.11
CHOICEONE FINANCIAL SVCS INC
NASDAQ:COFS (1/22/2025, 10:38:05 AM)
34.855
-0.3 (-0.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.84%
1 Week6.45%
2 Weeks0.14%
1 Month1.5%
3 Month5.94%
6 Month30.28%
12 Month18.35%
2 Year21.88%
3 Year35.45%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.87
ATR(20)%2.85%
ATR Inc-42.86%
Range Today0.23
ADR(20)0.95
ADR(20)%2.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.54
Mansfield0.98
10 Day High35.27
10 Day Low32.61
20 Day High36.57
20 Day Low32.61
52 Week High38.15
52 Week Low21.52
CS1 End34.74
CR1 Start37.52
Volume & EV
DER(3)-0.37%
DER(5)0.85%
Volume2.60K
Volume Incr-32.78%
Vol(5)20.12K
Vol(50)28.14K