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Downtrend Broken Resist.Archive
- 4/25/2025 -
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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 -17.30 points, or -1.74%, and closed at 977.20 on Friday, April 25, 2025. Weekly volume was 16% 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 price is near the trend support (971.13) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line 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 price is now at the 51.14% retracement level.
 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. 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. The chart has formed a Ascending Triangle chart pattern.
Daily Technical Indicators: [See COST daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish 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 daily MACD line is above its signal line since March 26, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
Price is close to the 50 Day Moving Average. 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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