US stock / ETF

Costco Wholesale Corporation

COST · NASDAQ · USD

12 hoursBearish92%
12h Downside probability 92%Bearish

COST 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

12h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $972.38 and stabilize above resistance $1,096.5.

Invalidation Trigger

Break above $1,096.5 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 40.7, MACD -0.969

12h
Volatility EnvironmentRange
Low volatility

ATR is $16.09 (1.69%)

12h

EMA Structure

Bearish
EMA 8$959.1Bearish
EMA 21$972.38Bearish
EMA 50$985.05Bearish

Signals

CategoryReadStrength
Momentum
RSI 40.7 · MACD -0.969

Momentum is weak

Strength
Bearish
Volatility
ATR $16.09 · BB 5.10%

Low volatility

Strength
Range
Volume
MFI 40.6 · OBV -717.62%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$936.64 - $1,096.5

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+16.66% · 9.9 ATR above latest close

$1,112.6
Nearest resistance

+14.97% · 8.9 ATR above · 34-bar high

$1,096.5
Current price

Price shown is delayed

$953.67
Nearest support

-1.79% · 1.1 ATR below · 34-bar low

$936.64
Deeper support zone

-3.47% · 2.1 ATR below latest close

$920.55
ATR zone

Latest close ± ATR14

$937.57 - $969.76

Indicators

Trend

Dow Theory Structure

Confirmation $943, invalidation $966.06

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

27.7 / 17.2 / 27.5Bearish
Supertrend (10,3)

Price is above Supertrend

$907.63Bullish
Ichimoku Cloud

Cloud Span A / Span B

$989.88 / $1,016.6Bearish
Donchian Channel (20)

20-period breakout channel position

28%Bearish

Volatility

ATR (14)

Low volatility

$16.09 (1.69%)Range
Bollinger Bands (20,2)

Width 5.10%

27%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,003.6 / $939.39Range
ATR channel lower / upper

Current Volatility Envelope

$937.57 / $969.76Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,096.5Range
Support

Nearest Downside Decision Level

$936.64Range

Momentum

RSI (14)

Momentum is weak

40.7Bearish
MACD (12,26,9)

Histogram is negative

-0.969Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

26.6 / 26.1Bullish
Williams %R (14)

Neutral zone

-73.4Range
CCI (20)

Balanced zone

-65.9Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

40.6Bearish
OBV slope

20-period OBV slope

-717.62%Bearish
Volume ratio

Relative to 20-period average volume

0.35xBearish

Trend

Dow Theory Structure

Confirmation $943, invalidation $966.06

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

27.7 / 17.2 / 27.5Bearish
Supertrend (10,3)

Price is above Supertrend

$907.63Bullish
Ichimoku Cloud

Cloud Span A / Span B

$989.88 / $1,016.6Bearish
Donchian Channel (20)

20-period breakout channel position

28%Bearish

Momentum

RSI (14)

Momentum is weak

40.7Bearish
MACD (12,26,9)

Histogram is negative

-0.969Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

26.6 / 26.1Bullish
Williams %R (14)

Neutral zone

-73.4Range
CCI (20)

Balanced zone

-65.9Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$16.09 (1.69%)Range
Bollinger Bands (20,2)

Width 5.10%

27%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,003.6 / $939.39Range
ATR channel lower / upper

Current Volatility Envelope

$937.57 / $969.76Range

Volume / Money Flow

MFI (14)

Money flow is weak

40.6Bearish
OBV slope

20-period OBV slope

-717.62%Bearish
Volume ratio

Relative to 20-period average volume

0.35xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,096.5Range
Support

Nearest Downside Decision Level

$936.64Range

Related Forecasts