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 $540.23 - $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 54.5, MACD -15.164

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $83.44 (8.87%)

Monthly

EMA Structure

Bullish
EMA 8$955.06Bearish
EMA 21$923.73Bullish
EMA 50$789.72Bullish

Signals

CategoryReadStrength
Momentum
RSI 54.5 · MACD -15.164

Neutral zone

Strength
Bearish
Volatility
ATR $83.44 · BB 19.33%

High volatility

Strength
Bearish
Volume
MFI 34.6 · OBV -1.65%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$540.23 - $1,096.5

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+25.41% · 2.9 ATR above latest close

$1,179.9
Nearest resistance

+16.54% · 1.9 ATR above · 34-bar high

$1,096.5
Current price

Price shown is delayed

$940.87
Nearest support

-42.58% · 4.8 ATR below · 34-bar low

$540.23
Deeper support zone

-51.45% · 5.8 ATR below latest close

$456.79
ATR zone

Latest close ± ATR14

$857.43 - $1,024.3

Indicators

Trend

Dow Theory Structure

Confirmation $1,096.5, invalidation $844.06

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

17.9 / 16.7 / 15.1Bullish
Supertrend (10,3)

Price is above Supertrend

$680.29Bullish
Ichimoku Cloud

Cloud Span A / Span B

$957.52 / $751.51Bearish
Donchian Channel (20)

20-period breakout channel position

38%Bullish

Volatility

ATR (14)

High volatility

$83.44 (8.87%)Bearish
Bollinger Bands (20,2)

Width 19.33%

40%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,099.5 / $755.79Bearish
ATR channel lower / upper

Current Volatility Envelope

$857.43 / $1,024.3Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,096.5Range
Support

Nearest Downside Decision Level

$540.23Range

Momentum

RSI (14)

Neutral zone

54.5Range
MACD (12,26,9)

Histogram is negative

-15.164Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

38.3 / 39.7Bearish
Williams %R (14)

Neutral zone

-61.7Range
CCI (20)

Balanced zone

-51.5Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

34.6Bearish
OBV slope

20-period OBV slope

-1.65%Bearish
Volume ratio

Relative to 20-period average volume

0.60xBearish

Trend

Dow Theory Structure

Confirmation $1,096.5, invalidation $844.06

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

17.9 / 16.7 / 15.1Bullish
Supertrend (10,3)

Price is above Supertrend

$680.29Bullish
Ichimoku Cloud

Cloud Span A / Span B

$957.52 / $751.51Bearish
Donchian Channel (20)

20-period breakout channel position

38%Bullish

Momentum

RSI (14)

Neutral zone

54.5Range
MACD (12,26,9)

Histogram is negative

-15.164Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

38.3 / 39.7Bearish
Williams %R (14)

Neutral zone

-61.7Range
CCI (20)

Balanced zone

-51.5Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

High volatility

$83.44 (8.87%)Bearish
Bollinger Bands (20,2)

Width 19.33%

40%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,099.5 / $755.79Bearish
ATR channel lower / upper

Current Volatility Envelope

$857.43 / $1,024.3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

34.6Bearish
OBV slope

20-period OBV slope

-1.65%Bearish
Volume ratio

Relative to 20-period average volume

0.60xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,096.5Range
Support

Nearest Downside Decision Level

$540.23Range

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