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Coats Group (COA)

63.80p

16:08 20/01/21

  • 1.59% 1.00p
  • Today's Low & High
  • 62.17 / 64.40
  • Open / Previous Close
  • 63.70 / 63.80
  • 52-week range
  • -19.34% -15.30p
  • Volume
  • 1,266,172
  • Market Cap(million)
  • £926.43m

Technical Analysis

Support and resistance levels

S1

58.28
-7.20%

R1

63.41
0.97%

S2

53.74
-14.43%

R2

67.39
7.30%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 61.68
  • 60.55
  • Levels of negotiation support resistance
  • 63.95
  • 65.10

Technical situation

Short-term bearish scenario as long as it does not exceed 63.411.

Recommendation

Short term comment

The evolution of prices has been generated by a movement that would technically be bearish very pressured by the 63.411 area and increasing the risk of overbought and setbacks I would have to overcome 63.411 to propose the change to a more neutral scenario

Long term comment

Between may and july 2020 a bearish phase took place and moved the price from 80.878 to 35.890. This phase was corrected by a significative upward reaction that returned the price to 74.700 levels in december 2020. After this, the current fall from 74.700 to 61.700 has not reached the previous lows in 35.890, an area of important support.

Indicator Previous Current Signal Comment
RSI 7 19.20 17.20 The RSI indicates oversold (vulnerability of the bearish trend).
RSI 14 34.30 32.90 The RSI does not warn of overbought or oversold.
RSI 21 41.80 40.80 The RSI does not warn of overbought or oversold.
RSI 50 49.80 49.40 The RSI does not warn of overbought or oversold.
RSI 200 49.70 49.60 The RSI does not warn of overbought or oversold.
Fast Stochastic n/a n/a Signs of bearish exhaustion without a turn signal.
Slow Stochastic n/a n/a Signs of bearish exhaustion with turn signal.
Simple Moving Average 7 65.33 64.69 Trend in the very short term bearish.
Simple Moving Average 21 67.56 67.09 Bearish trend in the short-medium term.
Simple Moving Average 50 67.67 67.72 Bullish in the medium term.
Simple Moving Average 200 56.84 56.96 Long-term bullish.
Exponential Moving Average 7 65.09 64.52 Trend in the very short term bearish.
Exponential Moving Average 21 66.74 66.39 Bearish trend in the short-medium term.
Exponential Moving Average 50 66.09 65.96 Bullish in the medium term.
Exponential Moving Average 200 61.89 61.90 Lack of long-term trend.
MACD Line 1.10 1.20 Price in downtrend.
MACD Signal 0.90 0.90 Price in downtrend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 65.09 64.52 Trend in the very short term bearish.
Double Exponential Moving Average 21 66.74 66.39 Bearish trend in the short-medium term.
Double Exponential Moving Average 50 66.09 65.96 Bullish in the medium term.
Double Exponential Moving Average 200 61.89 61.90 Lack of long-term trend.
Divergences n/a n/a NO
On Balance Vol. 45,406,956.00 44,385,669.00 OBV supports recoveries.
Momentum 7 -4.00 -3.50 Very short term fall rate is strong, but not extreme.
Momentum 7 -5.20 -5.40 Very short term fall rate is strong, but not extreme.
% K Williams 96.60 91.10 Oversold, would support a bullish turn.
Priority Date Notification
20/01/2021 The RSI7 indicates short term oversold, which may reflect, renewed upward short-term recovering.
20/01/2021 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
20/01/2021 Fast stochastic gives moderate strength signals that may lead to possible short-term rebounds.
20/01/2021 Price in resistance area. Breaking it would be a positive signal, but consider the possibility of noise (false breaks) around the level.
19/01/2021 The RSI7 indicates short term oversold, which may reflect, renewed upward short-term recovering.
19/01/2021 Being near (below) the short-term moving average may lead to a decline, although if it breaks above the level the signal would be reversed to bullish.
19/01/2021 Being near (below) the short-term moving average may lead to a decline, although if it breaks above the level the signal would be reversed to bullish.
19/01/2021 Price in support area Its loss would be a negative signal, but note the possibility of noise around the level.
19/01/2021 Bullish fast stochastic signal. The previous close indicates the possibility of rebounds after a recent negative phase.
18/01/2021 The RSI7 indicates short term oversold, which may reflect, renewed upward short-term recovering.
18/01/2021 Being near (below) the short-term moving average may lead to a decline, although if it breaks above the level the signal would be reversed to bullish.