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Advanced TA SearchArchive
- 4/19/2024 -
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Capital One Financial (COF) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a first positive week for the Capital One Financial (COF). During the week, the COF gained 3.29 points, or 2.36%, and closed at 142.91 on Friday, April 19, 2024. Weekly volume was -6% below average.
COF is a member of Financials Sector. Financials 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 COF long-term trend chart]
A long-term uptrend had started on May 4, 2023 at 83.93 and reached 149.28 on March 28, 2024. COF gained -65.35 points, or -77.86%, in 47 weeks. The price is now at the 9.75% retracement level.
 Medium-term trend: [See COF medium-term trend chart]
A medium-term downtrend had started on March 28, 2024 at 149.28 and reached 136.25 on April 16, 2024. COF lost 13.03 points, or 8.73%, in 2 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (133.89) is broken. A broken support is considered to be a long-term bullish signal. 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 COF weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. 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 Williams' Percentage Range help.
During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. Use the following link to access a MACD help.
Short-term trend: [See COF short-term trend chart]
A short-term uptrend had started on April 16, 2024 at 136.25 and reached 145.19 on April 19, 2024. COF gained -8.94 points, or -6.56%, in 3 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Daily Technical Indicators: [See COF daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since April 4, 2024. The distance between MACD and the signal line is low and getting smaller.
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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