US stock / ETF

Costco Wholesale Corporation

COST · NASDAQ · USD

1 weekBearish87%
Weekly Downside probability 87%Bearish

COST 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $941.64 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

Weekly
Momentum StateBearish
Momentum soft

RSI 47.6, MACD -2.057

Weekly
Volatility EnvironmentRange
Medium volatility

ATR is $36.83 (3.94%)

Weekly

EMA Structure

Bearish
EMA 8$926.56Bullish
EMA 21$941.64Bearish
EMA 50$949.96Bearish

Signals

CategoryReadStrength
Momentum
RSI 47.6 · MACD -2.057

Neutral zone

Strength
Bearish
Volatility
ATR $36.83 · BB 9.19%

Medium volatility

Strength
Range
Volume
MFI 43.0 · OBV -3.23%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$883.1 - $1,096.5

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+21.12% · 5.4 ATR above latest close

$1,133.3
Nearest resistance

+17.19% · 4.4 ATR above · 34-bar high

$1,096.5
Current price

Price shown is delayed

$935.68
Nearest support

-5.62% · 1.4 ATR below · 34-bar low

$883.1
Deeper support zone

-9.56% · 2.4 ATR below latest close

$846.27
ATR zone

Latest close ± ATR14

$898.85 - $972.51

Indicators

Trend

Dow Theory Structure

Confirmation $883.1, invalidation $978.7

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

Trend strength is moderate

17.5 / 13.9 / 12.6Bullish
Supertrend (10,3)

Price is above Supertrend

$830.76Bullish
Ichimoku Cloud

Cloud Span A / Span B

$960.35 / $970.28Bearish
Donchian Channel (20)

20-period breakout channel position

36%Bearish

Volatility

ATR (14)

Medium volatility

$36.83 (3.94%)Range
Bollinger Bands (20,2)

Width 9.19%

45%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,005.4 / $876.08Range
ATR channel lower / upper

Current Volatility Envelope

$898.85 / $972.51Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,096.5Range
Support

Nearest Downside Decision Level

$883.1Range

Momentum

RSI (14)

Neutral zone

47.6Range
MACD (12,26,9)

Histogram is negative

-2.057Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

50.3 / 41.4Bullish
Williams %R (14)

Neutral zone

-49.7Range
CCI (20)

Balanced zone

-42.1Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

43.0Bearish
OBV slope

20-period OBV slope

-3.23%Bearish
Volume ratio

Relative to 20-period average volume

0.32xBearish

Trend

Dow Theory Structure

Confirmation $883.1, invalidation $978.7

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

Trend strength is moderate

17.5 / 13.9 / 12.6Bullish
Supertrend (10,3)

Price is above Supertrend

$830.76Bullish
Ichimoku Cloud

Cloud Span A / Span B

$960.35 / $970.28Bearish
Donchian Channel (20)

20-period breakout channel position

36%Bearish

Momentum

RSI (14)

Neutral zone

47.6Range
MACD (12,26,9)

Histogram is negative

-2.057Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

50.3 / 41.4Bullish
Williams %R (14)

Neutral zone

-49.7Range
CCI (20)

Balanced zone

-42.1Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Medium volatility

$36.83 (3.94%)Range
Bollinger Bands (20,2)

Width 9.19%

45%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,005.4 / $876.08Range
ATR channel lower / upper

Current Volatility Envelope

$898.85 / $972.51Range

Volume / Money Flow

MFI (14)

Money flow is weak

43.0Bearish
OBV slope

20-period OBV slope

-3.23%Bearish
Volume ratio

Relative to 20-period average volume

0.32xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,096.5Range
Support

Nearest Downside Decision Level

$883.1Range

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