US stock / ETF

Costco Wholesale Corporation

COST · NASDAQ · USD

1 monthRange53%
Monthly Range probability 94%Range

COST 1M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Break either side of $540.36 - $1,096.5 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 55.5, MACD -13.162

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $82.5 (8.68%)

Monthly

EMA Structure

Bullish
EMA 8$962.42Bearish
EMA 21$923.28Bullish
EMA 50$777.05Bullish

Signals

CategoryReadStrength
Momentum
RSI 55.5 · MACD -13.162

Momentum is strong

Strength
Bearish
Volatility
ATR $82.5 · BB 19.05%

High volatility

Strength
Bearish
Volume
MFI 42.8 · OBV -7.59%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$540.36 - $1,096.5

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+24.05% · 2.8 ATR above latest close

$1,179
Nearest resistance

+15.37% · 1.8 ATR above · 34-bar high

$1,096.5
Current price

Price shown is delayed

$950.4
Nearest support

-43.14% · 5.0 ATR below · 34-bar low

$540.36
Deeper support zone

-51.82% · 6.0 ATR below latest close

$457.86
ATR zone

Latest close ± ATR14

$867.89 - $1,032.9

Indicators

Trend

Dow Theory Structure

Confirmation $844.28, invalidation $1,065.4

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

Trend strength is moderate

21.3 / 21.5 / 12.7Bullish
Supertrend (10,3)

Price is above Supertrend

$708.18Bullish
Ichimoku Cloud

Cloud Span A / Span B

$938.23 / $751.55Bullish
Donchian Channel (20)

20-period breakout channel position

42%Bullish

Volatility

ATR (14)

High volatility

$82.5 (8.68%)Bearish
Bollinger Bands (20,2)

Width 19.05%

43%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,100.1 / $755.16Bearish
ATR channel lower / upper

Current Volatility Envelope

$867.89 / $1,032.9Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,096.5Range
Support

Nearest Downside Decision Level

$540.36Range

Momentum

RSI (14)

Momentum is strong

55.5Bullish
MACD (12,26,9)

Histogram is negative

-13.162Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

42.1 / 54.4Bearish
Williams %R (14)

Neutral zone

-57.9Range
CCI (20)

Balanced zone

-4.7Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

42.8Bearish
OBV slope

20-period OBV slope

-7.59%Bearish
Volume ratio

Relative to 20-period average volume

0.94xRange

Trend

Dow Theory Structure

Confirmation $844.28, invalidation $1,065.4

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

Trend strength is moderate

21.3 / 21.5 / 12.7Bullish
Supertrend (10,3)

Price is above Supertrend

$708.18Bullish
Ichimoku Cloud

Cloud Span A / Span B

$938.23 / $751.55Bullish
Donchian Channel (20)

20-period breakout channel position

42%Bullish

Momentum

RSI (14)

Momentum is strong

55.5Bullish
MACD (12,26,9)

Histogram is negative

-13.162Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

42.1 / 54.4Bearish
Williams %R (14)

Neutral zone

-57.9Range
CCI (20)

Balanced zone

-4.7Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$82.5 (8.68%)Bearish
Bollinger Bands (20,2)

Width 19.05%

43%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,100.1 / $755.16Bearish
ATR channel lower / upper

Current Volatility Envelope

$867.89 / $1,032.9Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

42.8Bearish
OBV slope

20-period OBV slope

-7.59%Bearish
Volume ratio

Relative to 20-period average volume

0.94xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,096.5Range
Support

Nearest Downside Decision Level

$540.36Range

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