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Archive
- 5/23/2025 -
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Costco Co. (COST) Technical Analysis
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| Summary:
| | Weekly : | | Daily : 
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| | It was the negative week for the Costco Co. (COST). During the week, the COST dropped -17.33 points, or -1.69%, and closed at 1008.50 on Friday, May 23, 2025. It was the worst weekly loss since March 14, 2025. Weekly volume was -14% below average.
 Long-term trend: [See COST long-term trend chart]
A long-term uptrend had started on May 20, 2022 at 406.51 and reached 1078.00 on February 13, 2025. COST gained -671.49 points, or -165.18%, in 142 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 607.85 and resistance is at 1134.75. A Broadening Ascending 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 Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
 Medium-term trend: [See COST medium-term trend chart]
A medium-term uptrend had started on April 7, 2025 at 871.70 and reached 1039.47 on May 21, 2025. COST gained -167.77 points, or -19.25%, in 6 weeks. The price is now at the 18.46% retracement level.
 Weekly Technical Indicators: [See COST 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 COST short-term trend chart]
A short-term uptrend had started on May 15, 2025 at 983.00 and reached 1039.47 on May 21, 2025. COST gained -56.47 points, or -5.74%, in 6 days. The price is now at the 54.84% retracement level.
Daily Technical Indicators: [See COST daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.
The price is close to the moving average in the center of the Bollinger Bands. 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.
During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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