COTY pushes through key resistance level

Coty, Inc (COTY) Technical Analysis Report for Jun 14, 2018 [1 min read]
COTY pushes through key resistance level
COTY ends the day on a bullish note closing near the high of the day
COTY finds buyers again around 13.93
COTY rises to highest close since May 16th
COTY stuck within tight trading range
TQ Sentiment
Technical Forecast:

COTY ended Thursday at 14.26 gaining $0.26 (1.86%). Today's closing price of 14.26 marks the highest close since May 16th. Closing within the previous day's range, prices failed to decisively move beyond the prior day's trading range. Ending with a strong close near the high of the day sets a bullish note for the next session.

Daily chart for COTY

Thursday's trading range was $0.37 (2.64%), that's slightly above last trading month's daily average range of $0.36. Weekly volatility is also higher, being slightly above the markets average with the monthly volatility being way below average. Prices continued to consolidate within a tight trading range between 13.93 and 14.37 which it has been in now for the last three days.


Breaking through the key resistance level at 14.09 today, it is now likely to act as support going forward. After having been unable to move lower than 13.93 in the previous session, the stock found buyers again around the same price level today at 13.93.


Though the market is experiencing a short-term up trend, this might just be a correction, as both the medium and long term trends are still in negative territory.

Order Flow

Buying could accelerate should prices move above the nearby swing high at 14.37 where further buy stops might get activated.


While classical technical analysis indicates a neutral sentiment for the next trading day, our quantitative statistics show a different picture being bearish.

Market Conditions for Coty, Inc
Trending Assets

Upgrade your trading!

Get the stats behind the charts

Find out what happened when Coty, Inc traded like this in the past. See the odds for each technical pattern with expected gain and loss.


Stocks Top Movers

ETHUSD 536.1919.91 3.86%
NKY 22,555.43276.95 1.24%
HSI 29,696.17228.02 0.77%
NDX 7,280.7052.66 0.73%
BTCUSD 6,737.8430.35 0.45%
INDU 24,657.80-42.41 -0.17%
EURUSD 1.1592-0.0031 -0.27%
GOLD 1,277.0-3.6 -0.28%
USDJPY 110.05-0.50 -0.45%
GBPUSD 1.3176-0.0069 -0.52%
Start your day with the facts moving the markets
By clicking "Subscribe", you agree to our terms and privacy policy.

Related Stocks

ABBV 10 day candlestick chart for ABBV98.25 0.24
ACN 10 day candlestick chart for ACN163.31 0.43
ADBE 10 day candlestick chart for ADBE251.74 -3.95
AAP 10 day candlestick chart for AAP138.30 0.06
AES 10 day candlestick chart for AES13.08 0.01
AET 10 day candlestick chart for AET190.23 0.95
AFL 10 day candlestick chart for AFL45.00 -0.17
AMG 10 day candlestick chart for AMG152.73 -1.27
A 10 day candlestick chart for A63.52 -1.45
ABT 10 day candlestick chart for ABT62.34 -0.48