A Deep Dive Into Costco Wholesale Corporation (NASDAQ:COST) (2020-01-06)

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REPORTING FOR 2020-01-06 | WCX19.ORG: We have done an in-depth analysis of how COST has been trading over the last 2 weeks and the past day especially. On its latest session, Costco Wholesale Corporation (NASDAQ:COST) opened at 290.05, reaching a high of 292.9 and a low of 289.33 before closing at a price of 291.73. There was a total volume of 1926624.

VOLUME INDICATORS FOR COSTCO WHOLESALE CORPORATION (NASDAQ:COST): We saw an accumulation-distribution index of 4161.2335, an on-balance volume of 291.49, chaikin money flow of 1.50526 and a force index of 6.2415. There was an ease of movement rating of -0.00508, a volume-price trend of -2.42015 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR COSTCO WHOLESALE CORPORATION (NASDAQ:COST): We noted an average true range of 2.37193, bolinger bands of 292.52674, an upper bollinger band of 287.80326, lower bollinger band of 289.33, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 290.76, high band keltner channel of 287.91, low band keltner channel of 293.61, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 289.33, a donchian channel low band of 289.33, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR COSTCO WHOLESALE CORPORATION (NASDAQ:COST): We calculated a Moving Average Convergence Divergence (MACD) of 0.03747, a MACD signal of 0.02082, a MACD difference of 0.01665, a fast Exponential Moving Average (EMA) indicator of 289.33, a slow Exponential Moving Average (EMA) indicator of 289.33, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.02692, a trix of -1.37025, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of 2.21712, a KST Oscillator (KST) of -7.60467 and a KST Oscillator (KST Signal) of -7.60467 (leaving a KST difference of 1.43202). We also found an Ichimoku rating of 291.475, an Ichimoku B rating of 291.475, a Ichimoku visual trend A of 295.88683, an Ichimoku visual trend B of 296.10507, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM INDICATORS FOR COSTCO WHOLESALE CORPORATION (NASDAQ:COST): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 50.18948, a True Strength Index (TSI) of -100.0, an ultimate oscillator of 50.0, a stochastic oscillator of 125.26316, a stochastic oscillator signal of 125.26316, a Williams %R rating of 25.26316 and an awesome oscillator of 0.61487.

RETURNS FOR COSTCO WHOLESALE CORPORATION (NASDAQ:COST): There was a daily return of -0.76047, a daily log return of 0.57554 and a cumulative return of 0.5772.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2020-01-06 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Costco Wholesale Corporation (NASDAQ:COST)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Costco Wholesale Corporation (NASDAQ:COST) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.