COUPANG INC (CPNG)
US22266T1097 - Common Stock
Overall CPNG gets a technical rating of 6 out of 10. In the last year, CPNG was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month CPNG has a been trading in the 22.95 - 26.91 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that CPNG is one of the better performing stocks in the market, outperforming 83% of all stocks.
CPNG is part of the Broadline Retail industry. There are 32 other stocks in this industry. CPNG outperforms 80% of them.
CPNG 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 CPNG is lagging the market slightly.
CPNG has an average volume of 7525020 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.
CPNG has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 23.96, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CPNG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
15.00
25.42
We found 3 important support areas.
- A support zone ranging from 23.96 to 23.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.96 from a trend line in the daily time frame.
- Support @15.15 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 24.14 to 24.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 24.61 to 25.17. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS83.51
Mansfield0.52
10 Day High26.08
10 Day Low23.62
20 Day High26.91
20 Day Low22.95
52 Week High26.91
52 Week Low13.51
Performance
1 Week-7.45%
2 Weeks-0.12%
1 Month-5.59%
3 Month4.81%
6 Month7.25%
12 Month47.42%
2 Year23.05%
3 Year-9.55%
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)-0.17
RSI(14)43.12
LBB23.17
UBB26.56
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 |
|---|---|---|---|
| 24.17 | 23.95 | 0.22 (0.91%) | 25.00% |
| An entry @24.17. This is a Buy Stop order right above the resistance zone. | An exit @23.95. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.22 points, which is 0.91%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.23%. |
- The distance between exit and entry is rather small compared to the average daily movement of CPNG. 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.
COUPANG INC
NYSE:CPNG (11/21/2024, 1:21:01 PM)
24.005
+0.04 (+0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg0.15%
1 Week-7.45%
2 Weeks-0.12%
1 Month-5.59%
3 Month4.81%
6 Month7.25%
12 Month47.42%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.09
ATR(20)%3.88%
ATR Inc
Range Today0.41
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 High26.08
10 Day Low23.62
20 Day High26.91
20 Day Low22.95
52 Week High26.91
52 Week Low13.51
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.20M
Volume Incr-13.85%
Vol(5)7.77M
Vol(50)7.53M