COSTCO WHOLESALE CORP (COST) Stock Technical Analysis
NASDAQ:COST - Nasdaq - US22160K1051 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to COST. COST has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the yearly performance of all stocks, we notice that COST is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by COST over the past year are nicely spread over this period.
COST is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so COST slightly outperforms the market at the moment.
In the last month COST has a been trading in the 871.71 - 999.92 range, which is quite wide. It is currently trading near the high of this range.
COST has an average volume of 2537870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
COST is part of the Consumer Staples Distribution & Retail industry. There are 40 other stocks in this industry, COST did better than 61% of them.
Besides having an excellent technical rating, COST also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
867.91
1,087.64
We found 3 important support areas.
- A support zone ranging from 947.04 to 961.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @928.98 from a trend line in the weekly time frame.
- A support zone ranging from 876.68 to 908.90. 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 1071.86 to 1076.87. 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
CRS92.73
Mansfield1.82
10 Day High999.92
10 Day Low871.71
20 Day High999.92
20 Day Low871.71
52 Week High1078.23
52 Week Low706.17
Performance
1 Week3.13%
2 Weeks2.84%
1 Month11.07%
3 Month5.44%
6 Month11.8%
12 Month40.17%
2 Year97.63%
3 Year87.03%
5 Year228.22%
10 Year595.21%
15 Year1583.31%
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)8.06
RSI(14)60.17
LBB904.22
UBB1006.79
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 |
|---|---|---|---|
| 999.93 | 947.03 | 52.90 (5.29%) | 18.90% |
| An entry @999.93. This is a Buy Stop order right above the 10 day high. | An exit @947.03. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 52.90 points, which is 5.29%. | When investing 18.90% 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 COST. 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.
994.5
+26.75 (+2.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg2.76%
1 Week3.13%
2 Weeks2.84%
1 Month11.07%
3 Month5.44%
6 Month11.8%
12 Month40.17%
2 Year97.63%
3 Year87.03%
5 Year228.22%
10 Year595.21%
15 Year1583.31%
Volatility
ATR(14)40.79
ATR(20)%3.37%
ATR Inc-34.01%
Range Today27.93
ADR(20)32.53
ADR(20)%3.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.73
Mansfield1.82
10 Day High999.92
10 Day Low871.71
20 Day High999.92
20 Day Low871.71
52 Week High1078.23
52 Week Low706.17
CS1 End961.35
CR1 Start1071.86
Volume & EV
DER(3)0.52%
DER(5)0.19%
Volume2.71M
Volume Incr-15.37%
Vol(5)2.39M
Vol(50)2.54M