Costco Wholesale $COST Technical Update

The Costco Wholesale (NASDAQ: COST) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for COST, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

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Technical Summary

Term →Near Mid Long
Bias Strong Neutral Neutral
P1 232.84 214.90 225.07
P2 238.41 229.05 239.32
P3 241.54 242.09 252.64

Long Term Trading Plans for COST

November 9, 2018, 4:00 am ET

The Technical Summary and Trading Plans for COST help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this COST Report.

COST - (Long) Support Plan

Buy over 225.07 target 239.32 stop loss @ 224.81.
The technical summary data tells us to buy COST near 225.07 with an upside target of 239.32. This data also tells us to set a stop loss @ 224.81 to protect against excessive loss in case the stock begins to move against the trade. 225.07 is the first level of support below 238.7 , and by rule, any test of support is a buy signal. In this case, support 225.07 would be being tested, so a buy signal would exist.

COST - (Short) Resistance Plan

Short under 239.32 target 225.07 stop loss @ 239.58.
The technical summary data is suggesting a short of COST as it gets near 239.32 with a downside target of 225.07. We should have a stop loss in place at 239.58 though. 239.32 is the first level of resistance above 238.7, and by rule, any test of resistance is a short signal. In this case, if resistance 239.32 is being tested, so a short signal would exist.

COST Long Term Analysis

COST EPS Analysis

COST Dividend Chart

COST Revenue chart

COST Growth rate - Quarterly

COST Growth rate - Yearly

COST PE chart

COST PEG chart