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Hypermarkets & Super Centers Industry Stocks Technical Analysis - COSTArchive
- 4/17/2025 -
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Costco Co. (COST) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a second consecutive positive week for the Costco Co. (COST). During the week, the COST gained 31.10 points, or 3.23%, and closed at 994.50 on Thursday, April 17, 2025. Weekly volume was 18% above average.
COST is a member of Consumer Staples Sector. Consumer Staples is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See COST long-term trend chart]
A long-term uptrend had started on January 3, 2023 at 447.90 and reached 1078.00 on February 13, 2025. COST gained -630.10 points, or -140.68%, in 110 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 966.49 and resistance is at 1125.84. 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 downtrend had started on February 13, 2025 at 1078.00 and reached 871.70 on April 7, 2025. COST lost 206.30 points, or 19.14%, in 7 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (866.75) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. COST may retest the broken resistance line. It is considered to be a support 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 resistance line in a medium-term trend.
 Weekly Technical Indicators: [See COST weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since March 7, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. 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 April 7, 2025 at 871.70 and reached 999.92 on April 17, 2025. COST gained -128.22 points, or -14.71%, in 10 days. Price is near the trend high.
 Daily Technical Indicators: [See COST daily technical indicators chart]
Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily 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 link to access Lane's Stochastic help.
The daily MACD line is above its signal line since March 26, 2025. This is an indication that the short-term trend is up.
During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. 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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