US stock / ETF

Costco Wholesale Corporation

COST · NASDAQ · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

COST 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $963.03 and stabilize above resistance $997.18.

Invalidation Trigger

Break above $997.18 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 43.1, MACD -0.121

4h
Volatility EnvironmentBullish
Low volatility

ATR is $10.87 (1.14%)

4h

EMA Structure

Bearish
EMA 8$956.08Bearish
EMA 21$963.03Bearish
EMA 50$976.44Bearish

Signals

CategoryReadStrength
Momentum
RSI 43.1 · MACD -0.121

Momentum is weak

Strength
Bearish
Volatility
ATR $10.87 · BB 5.61%

Low volatility

Strength
Bullish
Volume
MFI 25.3 · OBV -31.72%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$938.72 - $997.18

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+5.7% · 5.0 ATR above latest close

$1,008.1
Nearest resistance

+4.56% · 4.0 ATR above · 34-bar high

$997.18
Current price

Price shown is delayed

$953.67
Nearest support

-1.57% · 1.4 ATR below · 34-bar low

$938.72
Deeper support zone

-2.71% · 2.4 ATR below latest close

$927.85
ATR zone

Latest close ± ATR14

$942.8 - $964.54

Indicators

Trend

Dow Theory Structure

Confirmation $938.72, invalidation $966.06

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

Trend strength is active

30.1 / 16.4 / 39.6Bearish
Supertrend (10,3)

Price is above Supertrend

$925.18Bullish
Ichimoku Cloud

Cloud Span A / Span B

$959.63 / $1,012.9Bearish
Donchian Channel (20)

20-period breakout channel position

27%Bearish

Volatility

ATR (14)

Low volatility

$10.87 (1.14%)Bullish
Bollinger Bands (20,2)

Width 5.61%

29%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$982.72 / $942.29Bullish
ATR channel lower / upper

Current Volatility Envelope

$942.8 / $964.54Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$997.18Range
Support

Nearest Downside Decision Level

$938.72Range

Momentum

RSI (14)

Momentum is weak

43.1Bearish
MACD (12,26,9)

Histogram is negative

-0.121Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

33.9 / 30.3Bullish
Williams %R (14)

Neutral zone

-66.1Range
CCI (20)

Balanced zone

-54.5Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

25.3Bearish
OBV slope

20-period OBV slope

-31.72%Bearish
Volume ratio

Relative to 20-period average volume

0.55xBearish

Trend

Dow Theory Structure

Confirmation $938.72, invalidation $966.06

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

Trend strength is active

30.1 / 16.4 / 39.6Bearish
Supertrend (10,3)

Price is above Supertrend

$925.18Bullish
Ichimoku Cloud

Cloud Span A / Span B

$959.63 / $1,012.9Bearish
Donchian Channel (20)

20-period breakout channel position

27%Bearish

Momentum

RSI (14)

Momentum is weak

43.1Bearish
MACD (12,26,9)

Histogram is negative

-0.121Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

33.9 / 30.3Bullish
Williams %R (14)

Neutral zone

-66.1Range
CCI (20)

Balanced zone

-54.5Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Low volatility

$10.87 (1.14%)Bullish
Bollinger Bands (20,2)

Width 5.61%

29%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$982.72 / $942.29Bullish
ATR channel lower / upper

Current Volatility Envelope

$942.8 / $964.54Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

25.3Bearish
OBV slope

20-period OBV slope

-31.72%Bearish
Volume ratio

Relative to 20-period average volume

0.55xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$997.18Range
Support

Nearest Downside Decision Level

$938.72Range

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