COECF is trading above its 10 week simple moving average. This is considered to be the sign of a bullish trend. There is added weight to this indication because the moving average is rising and suggests that there has been buying interest in this stock.
COECF is trading within its price channel. This is a normal condition and suggests that the stock is neither overbought nor oversold relative to the price action over the last 14 week period.
Monday, COECF closed above the trigger point for the Parabolic SAR and is currently registering a bullish signal. The current Significant Point, below which a reversal to the bearish side would occur, is 0.13
The On Balance Volume indicator (OBV) shows that longer term selling pressure has given way to near term accumulation.
The RSI recently dropped to 60.61% from above the critical level of 70. This signals that COECF is no longer overbought and the internal strength of the stock appears to be waning. The Williams Percent R recently dropped to -23.15% from above the critical level of -20. This signals that COECF is no longer overbought and the internal strength of the stock appears to be waning.
COECF's MACD is currently indicating a weak bullish signal. Although the MACD is trending above the signal line, the indicator is still below 0, which suggests that the underlying moving averages are bearish
All my posts, are only My Opinion
