COUPANG INC (CPNG)

US22266T1097 - Common Stock

25.9  +1.39 (+5.67%)

After market: 25.9 0 (0%)

Technical Rating and Analysis

8

Overall CPNG gets a technical rating of 8 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, CPNG is showing a nice and steady performance.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, CPNG did better than 87% of all other stocks.
CPNG is part of the Broadline Retail industry. There are 32 other stocks in this industry. CPNG outperforms 93% 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 7442070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CPNG has a been trading in the 22.95 - 26.91 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
CPNG Weekly chart
CPNG Daily chart
Setup Rating and Analysis

7

CPNG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.

Support and Resistance Analysis

14.98

26.16

We found 4 important support areas.

  • A support zone ranging from 24.81 to 25.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 24.00 to 24.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @21.83 from a trend line in the daily time frame.
  • Support @15.13 from a trend line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.66
Mansfield1.26
10 Day High26.91
10 Day Low22.95
20 Day High26.91
20 Day Low22.95
52 Week High26.91
52 Week Low13.51
Performance
1 Week7.92%
2 Weeks-1.3%
1 Month2.05%
3 Month15.37%
6 Month12.61%
12 Month61.47%
2 Year32.96%
3 Year-2.26%
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)-0.13
RSI(14)55.15
LBB23.68
UBB27.09
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
26.9224.802.12 (7.88%)12.70%
An entry @26.92. This is a Buy Stop order right above the 10 day high.An exit @24.80. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 2.12 points, which is 7.88%.For a 1.00% total portfolio risk, you can invest 12.70% of your capital in this trade.

  • 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.
CPNG Daily chart

COUPANG INC

NYSE:CPNG (11/13/2024, 10:35:11 PM)

After market: 25.9 0 (0%)

25.9

+1.39 (+5.67%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg5.67%
1 Week7.92%
2 Weeks-1.3%
1 Month2.05%
3 Month15.37%
6 Month12.61%
12 Month61.47%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.06
ATR(20)%3.48%
ATR Inc
Range Today1.36
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 High26.91
10 Day Low22.95
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)
Volume11.01M
Volume Incr82.16%
Vol(5)12.99M
Vol(50)7.44M