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Health Care Supplies Industry Stocks Technical Analysis - COOArchive - 4/17/2025 - 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 second consecutive positive week for the The Cooper Companies (COO). During the week, the COO gained 2.05 points, or 2.65%, and closed at 79.51 on Thursday, April 17, 2025. Weekly volume was 46% 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 71.27 and resistance is at 93.47. 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 Lane's Stochastic signal line (%D) has moved above oversold area. 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 link to access Lane's Stochastic help. The weekly MACD line is below its signal line since March 28, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. 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 79.77 on April 17, 2025. COO gained -9.96 points, or -14.27%, in 8 days. Price is near the trend high.
Daily Technical Indicators: [See COO daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the price has moved above 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.
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