COHERENT CORP (COHR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:COHR - US19247G1076 - Common Stock
Overall COHR 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, COHR is showing a nice and steady performance.
Although COHR has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
141.05
When analyzing the support we can see 2 important areas.
- Support @150.19 from a trend line in the daily time frame.
- A support zone ranging from 142.47 to 144.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 COHR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for COHR is up. |
| ChartMill Relative Strength | 95.14 | POSITIVE | COHR has a high relative strength, it outperformed 95.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of COHR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of COHR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of COHR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.83 | NEUTRAL | The RSI value for COHR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.93 | POSITIVE | The MACD value suggests COHR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.27 | OVERBOUGHT | The high Stochastics value suggests COHR may be overbought. |
| Average True Range in percent/ATR (20) | 6.89 | HIGH VOLATILITY | The high ATR as a percentage value for COHR suggests high volalility. |
| Average Directional Index/ADX (14) | 35.2 | POSITIVE | The high ADX value value for COHR suggests a strong trend. |
178.34
-20.16 (-10.16%)
COHERENT CORP / COHR FAQ
What is the ChartMill technical rating of COHERENT CORP (COHR) stock?
ChartMill assigns a technical rating of 10 / 10 to COHR.
Can you provide the trend direction for COHERENT CORP?
The current trend direction for COHERENT CORP (COHR) is Bullish.
What is the RSI signal for COHR stock?
COHERENT CORP (COHR) has an RSI value of 59.8275. This indicates that the stock is currently neutral.
What is the short term momentum for COHR stock?
The short term momentum for COHERENT CORP (COHR) is positive.
Can you provide the buy/sell signal for COHERENT CORP?
The buy/sell signal for COHERENT CORP (COHR) is buy as both the short term and long term trends are positive.