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Uptrend ExhaustionArchive - 3/15/2024 - Sign In to see current Signals. |
The Cooper Companies (COO) Technical Analysis
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| Summary:
| | Weekly :![Relative Strength Index and Lane's Stochastic oversold](images\bullish.gif) ![Williams' Percentage Range is strongly oversold](images\bullish.gif) | | Daily :![Stochastic signal line moved below overbought area](images\bearish.gif) ![Williams' Percentage Range is oversold](images\bullish.gif) ![The period of high volatility of the stock price](images\alert_signals.gif) Move cursor over the icon to see details.
| | It was the negative week for the The Cooper Companies (COO). During the week, the COO gave back -0.80 points, or -0.79%, and closed at 100.71 on Friday, March 15, 2024. Weekly volume was 184% above average.
Long-term trend: [See COO long-term trend chart] A long-term downtrend had started on July 17, 2023 at 399.62 and reached 93.29 on February 28, 2024. COO lost 306.33 points, or 76.66%, in 32 weeks. Price is near the trend low.
Medium-term trend: [See COO medium-term trend chart] A medium-term downtrend had started on January 22, 2024 at 393.40 and reached 93.29 on February 28, 2024. COO lost 300.11 points, or 76.29%, in 5 weeks. Price is near the trend low.
Weekly Technical Indicators: [See COO weekly technical indicators chart] Weekly Relative Strength Index and Lane's Stochastic are oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Relative Strength Index and Lane's Stochastic or strongly oversold weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help. The weekly MACD line is below its signal line since February 16, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.
Short-term trend: [See COO short-term trend chart] A short-term downtrend had started on March 4, 2024 at 104.07 and reached 99.91 on March 15, 2024. COO lost 4.16 points, or 4.00%, in 11 days. The price is now at the 19.23% retracement level.
Daily Technical Indicators: [See COO daily technical indicators chart] Daily Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. The daily MACD line is above its signal line since March 7, 2024. The distance between MACD and the signal line is low, but getting bigger. The distance between the Bollinger Bands is 520.93% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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