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Stock Trend Analysis Report

Prepared for you on Thursday, March 23, 2023.

Costco Wholesale Corporation (NASDAQ:COST)

Sidelines Mode (-55) - COST is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid COST?

MarketClub looks at technical strength and momentum to determine if the timing is right for COST.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low COST Price Change
490.69 493.25 484.29 487.61 +0.09
Entry Signal

MarketClub’s Trade Triangles for COST

long term down The long-term trend has been DOWN since Oct 10th, 2022 at 463.53

intermediate term up The intermediate-term trend has been UP since Mar 22nd, 2023 at 495.21

short term down The short-term trend has been DOWN since Mar 23rd, 2023 at 485.72

Smart Scan Analysis for COST

Based on our trend formula, COST is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for COST
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
490.69 493.25 484.29 487.61 +0.09
Prev. Close Volume Bid Ask Time
487.52 1240605 2023-03-23 15:59:50
Year High245.16Year High Date2018-09-11
Year Low175.79Year Low Date2018-02-09
52wk High612.2752wk High Date2022-04-07
52wk Low406.510152wk Low Date2022-05-20
Year End Close98.73Average Volume2,204,177
Shares Outstanding443,729Short Interest6,414,014
% Institutional83.9Market Cap127,842M
P/E Ratio35.8207Beta0.45
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