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Archive - 2/6/2026 - Sign In to see current Signals. |
Coinbase Global (COIN) Technical Analysis
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| Summary:
| | Weekly :    | | Daily :     Move cursor over the icon to see details.
| | It was the negative week for the Coinbase Global (COIN). During the week, the COIN dropped -29.62 points, or -15.21%, and closed at 165.12 on Friday, February 6, 2026. It was the worst weekly loss since November 21, 2025. Weekly volume was 70% above average.
Long-term trend: [See COIN long-term trend chart] A long-term uptrend had started on January 6, 2023 at 31.55 and reached 444.65 on July 18, 2025. COIN gained -413.10 points, or -1309.35%, in 132 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend support line (258.65) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. COIN may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
Medium-term trend: [See COIN medium-term trend chart] A medium-term downtrend had started on July 18, 2025 at 444.65 and reached 145.16 on February 5, 2026. COIN lost 299.49 points, or 67.35%, in 28 weeks. The price is now at the 6.66% retracement level.
Weekly Technical Indicators: [See COIN 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. During the last week, weekly Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. 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 October 10, 2025. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See COIN short-term trend chart] A short-term downtrend had started on January 14, 2026 at 263.07 and reached 145.16 on February 5, 2026. COIN lost 117.91 points, or 44.82%, in 22 days. The price is now at the 16.93% retracement level.
Daily Technical Indicators: [See COIN daily technical indicators chart] Daily 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 daily Relative Strength Index and Lane's Stochastic or strongly oversold daily Williams' Percentage Range. Daily Lane's Stochastic has bullish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. The daily MACD line is below its signal line since January 20, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term downtrend is strong. The distance between the Bollinger Bands (72.87%) is close to one year high (60.08%). It is 139.33% higher then one year average. It indicates the period of high volatility of the stock price, and it is considered a sell signal for the option traders. 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.
Candlestick pattern: [See COIN candlestick chart pattern] On Friday the chart has formed a Bearish Downside Tasuki Gap Candlestick pattern. This is a rare continuation formation that appears in a strongly downward moving market. The reliability of the Bearish Downside Tasuki Gap pattern is medium. Use the Technical Stock Screener to see the list of stocks that had a Bearish Downside Tasuki Gap Candlestick pattern during the last week.
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