COSTCO WHOLESALE CORP (COST) Stock Technical Analysis
NASDAQ:COST - Nasdaq - US22160K1051 - Common Stock - Currency: USD
Taking everything into account, COST scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, COST has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that COST is one of the better performing stocks in the market, outperforming 86% of all stocks. On top of that, COST also shows a nice and consistent pattern of rising prices.
COST 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 COST is lagging the market slightly.
COST is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
COST has an average volume of 2001930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
COST is an average performer in the Consumer Staples Distribution & Retail industry, it outperforms 69% of 40 stocks in the same industry.
Although COST has an excellent technical rating, the quality of the presented setup is not ideal 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
883.59
1,087.64
When analyzing the support we can see 3 important areas.
- A support zone ranging from 944.07 to 958.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 908.90 to 916.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @892.52 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1056.63 to 1076.87. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS86.43
Mansfield1.13
10 Day High1078.23
10 Day Low1024.68
20 Day High1078.23
20 Day Low927.18
52 Week High1078.23
52 Week Low697.27
Performance
1 Week-3.88%
2 Weeks-1.52%
1 Month9.86%
3 Month7.37%
6 Month17.72%
12 Month40.26%
2 Year113.77%
3 Year99.33%
5 Year268.16%
10 Year604.29%
15 Year1597.61%
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)-1.92
RSI(14)57.49
LBB1010.93
UBB1087.34
1035.03
+0.2 (+0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg0.02%
1 Week-3.88%
2 Weeks-1.52%
1 Month9.86%
3 Month7.37%
6 Month17.72%
12 Month40.26%
2 Year113.77%
3 Year99.33%
5 Year268.16%
10 Year604.29%
15 Year1597.61%
Volatility
ATR(14)20.14
ATR(20)%1.92%
ATR Inc0.65%
Range Today11.53
ADR(20)18.89
ADR(20)%1.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.43
Mansfield1.13
10 Day High1078.23
10 Day Low1024.68
20 Day High1078.23
20 Day Low927.18
52 Week High1078.23
52 Week Low697.27
CS1 End958.75
CR1 Start1058.23
Volume & EV
DER(3)-0.71%
DER(5)-0.59%
Volume1.81M
Volume Incr-11.52%
Vol(5)1.73M
Vol(50)2.00M