COSTCO WHOLESALE

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Volume:	-

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Type:	Stocks
Ticker:	COST
ISIN:

COSTCO WHOLESALE - Daily - Technical analysis published on 02/03/2025 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

94%

My opinion

Bullish above 947.73 USD

My targets

1,046.63 USD (+3.73%)

1,102.25 USD (+9.24%)

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 947.73 USD. The next resistance located at 1,046.63 USD is the next bullish objective 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 1,102.25 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.8

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 1,008.99 USD. On the day, this instrument gained +2.97% and was traded between 968.94 USD and 1,009.04 USD over the period. The price is currently at +4.13% from its lowest and +0.00% from its highest.

968.94

1,009.04

1,008.99

The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

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

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of COSTCO WHOLESALE in Daily shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

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

Near horizontal support

Type : Bullish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	908.61	947.73	994.69	1,008.99
Change (%)	-9.95%	-6.07%	-1.42%	-
Change	-100.38	-61.26	-14.30	-
Level	Major	Intermediate	Major	-

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	958.22	967.00	973.44	982.22	988.66	997.44	1,003.88
Camarilla	975.70	977.09	978.49	979.88	981.28	982.67	984.07
Woodie	957.05	966.42	972.27	981.64	987.49	996.86	1,002.71
Fibonacci	967.00	972.81	976.41	982.22	988.03	991.63	997.44

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	877.22	902.20	941.04	966.02	1,004.86	1,029.84	1,068.68
Camarilla	962.33	968.18	974.03	979.88	985.73	991.58	997.43
Woodie	884.15	905.67	947.97	969.49	1,011.79	1,033.31	1,075.61
Fibonacci	902.20	926.58	941.64	966.02	990.40	1,005.46	1,029.84

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	835.25	868.63	924.25	957.63	1,013.25	1,046.63	1,102.25
Camarilla	955.41	963.56	971.72	979.88	988.04	996.20	1,004.36
Woodie	846.38	874.19	935.38	963.19	1,024.38	1,052.19	1,113.38
Fibonacci	868.63	902.63	923.63	957.63	991.63	1,012.63	1,046.63

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):	71.96
MACD (12,26,9):	10.5400
Directional Movement:	19.45
AROON (14):	92.86
DEMA (21):	965.77
Parabolic SAR (0,02-0,02-0,2):	937.78
Elder Ray (13):	25.74
Super Trend (3,10):	932.19
Zig ZAG (10):	1,005.43
VORTEX (21):	1.1100
Stochastique (14,3,5):	91.44
TEMA (21):	975.81
Williams %R (14):	-1.30
Chande Momentum Oscillator (20):	82.14
Repulse (5,40,3):	5.4700
ROCnROLL:	1
TRIX (15,9):	0.0200
Courbe Coppock:	10.45

MA7:	970.42
MA20:	944.05
MA50:	956.05
MA100:	926.62
MAexp7:	974.80
MAexp20:	955.97
MAexp50:	945.38
MAexp100:	923.65
Price / MA7:	+3.97%
Price / MA20:	+6.88%
Price / MA50:	+5.54%
Price / MA100:	+8.89%
Price / MAexp7:	+3.51%
Price / MAexp20:	+5.55%
Price / MAexp50:	+6.73%
Price / MAexp100:	+9.24%

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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