COSTCO WHOLESALE

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Type:	Stocks
Ticker:	COST
ISIN:

COSTCO WHOLESALE - 1H - Technical analysis published on 11/06/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

61%

33%

My opinion

Bullish above 884.26 USD

My targets

894.09 USD (+0.51%)

899.45 USD (+1.11%)

My analysis

COSTCO WHOLESALE is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 884.26 USD. The next resistance located at 894.09 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 899.45 USD. After this resistance, buyers could then target 904.48 USD.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

5.2

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The COSTCO WHOLESALE price is 889.59 USD. The price is lower by -0.07% since the last closing and was traded between 886.28 USD and 899.22 USD over the period. The price is currently at +0.37% from its lowest and -1.07% from its highest.

886.28

899.22

889.59

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of COSTCO WHOLESALE in 1H shows an overall bullish trend. 75.00% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	871.28	878.33	884.26	889.59	890.13	894.09	899.45
Change (%)	-2.06%	-1.27%	-0.60%	-	+0.06%	+0.51%	+1.11%
Change	-18.31	-11.26	-5.33	-	+0.54	+4.50	+9.86
Level	Major	Intermediate	Major	-	Minor	Minor	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	877.34	882.07	886.12	890.85	894.90	899.63	903.68
Camarilla	887.76	888.56	889.37	890.17	890.98	891.78	892.59
Woodie	877.00	881.90	885.78	890.68	894.56	899.46	903.34
Fibonacci	882.07	885.42	887.50	890.85	894.20	896.28	899.63

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	839.76	853.55	865.43	879.22	891.10	904.89	916.77
Camarilla	870.25	872.60	874.96	877.31	879.66	882.02	884.37
Woodie	838.81	853.07	864.48	878.74	890.15	904.41	915.82
Fibonacci	853.55	863.36	869.41	879.22	889.03	895.08	904.89

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	813.64	839.83	856.42	882.61	899.20	925.39	941.98
Camarilla	861.26	865.18	869.10	873.02	876.94	880.86	884.79
Woodie	808.85	837.43	851.63	880.21	894.41	922.99	937.19
Fibonacci	839.83	856.17	866.27	882.61	898.95	909.05	925.39

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	56.75
MACD (12,26,9):	2.5300
Directional Movement:	13.67
AROON (14):	78.57
DEMA (21):	889.58
Parabolic SAR (0,02-0,02-0,2):	898.70
Elder Ray (13):	2.11
Super Trend (3,10):	881.04
Zig ZAG (10):	889.54
VORTEX (21):	1.1300
Stochastique (14,3,5):	46.23
TEMA (21):	891.94
Williams %R (14):	-65.53
Chande Momentum Oscillator (20):	3.74
Repulse (5,40,3):	-0.5200
ROCnROLL:	1
TRIX (15,9):	0.0400
Courbe Coppock:	1.63

MA7:	882.66
MA20:	887.40
MA50:	890.54
MA100:	870.68
MAexp7:	889.02
MAexp20:	886.54
MAexp50:	884.95
MAexp100:	886.06
Price / MA7:	+0.79%
Price / MA20:	+0.25%
Price / MA50:	-0.11%
Price / MA100:	+2.17%
Price / MAexp7:	+0.06%
Price / MAexp20:	+0.34%
Price / MAexp50:	+0.52%
Price / MAexp100:	+0.40%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The latest news and videos published on COSTCO WHOLESALE at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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