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Downtrend Broken Resist.Archive - 4/25/2025 - Sign In to see current Signals. |
The Cooper Companies (COO) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a third consecutive positive week for the The Cooper Companies (COO). During the week, the COO gained 1.38 points, or 1.74%, and closed at 80.89 on Friday, April 25, 2025. Weekly volume was 23% 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 69.81 on April 9, 2025. COO lost 329.81 points, or 82.53%, in 90 weeks. Price is near the trend low.
Medium-term trend: [See COO medium-term trend chart] A medium-term downtrend had started on September 16, 2024 at 112.38 and reached 69.81 on April 9, 2025. COO lost 42.57 points, or 37.88%, in 29 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 66.77 and resistance is at 92.81. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See COO weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. Use the following link to access a MACD help.
Short-term trend: [See COO short-term trend chart] A short-term uptrend had started on April 9, 2025 at 69.81 and reached 82.84 on April 24, 2025. COO gained -13.03 points, or -18.66%, in 15 days. The price is now at the 14.97% retracement level.
Daily Technical Indicators: [See COO daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. 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 and Williams' Percentage Range help. The daily MACD line is above its signal line since April 11, 2025. This is an indication that the short-term trend is up.
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