13.64% Decline: The Unfavorable Week for Coinbase Global
While the world of investment banking and brokerage saw a largely positive trend during the week of June 1, 2023, to June 8, 2023, Coinbase Global (COIN, $54.9) emerged as one of the top losers, experiencing a sharp decline of 13.64%. This reduction brought its per-share price down to $54.9, an unfavorable outcome in an industry where 160 out of 191 analyzed stocks, a striking 83.64%, displayed an uptrend.
Join our dynamic marketing team and be at the forefront of unlocking the power of artificial intelligence for trading decisions with Tickeron's AI robots.
Coinbase Global, an acclaimed crypto exchange platform, has witnessed a turbulent journey with significant ups and downs, and this week was no exception. The drop in its share value stands in stark contrast to the general market sentiment, which demonstrated growth and resilience. Of the 191 stocks tracked in the Investment Banks/Brokers Industry, a robust 160 revealed an uptrend, representing a bullish market sentiment and a majority industry growth.
In the same period, however, 31 stocks, constituting 16.36%, indicated a downtrend. Among this minority, Coinbase Global's downturn was significant, propelling it to the list of top losers for the week. This scenario underscores the inherent volatility of the crypto market, in which Coinbase operates, compared to traditional financial markets.
As market observers, we may speculate on several reasons behind Coinbase's sharp decline. The correlation between the platform's performance and the broader crypto market trends, coupled with potential regulatory concerns, market competition, and investor sentiment, can all play significant roles.
What remains clear is that, in the world of finance, high tides and rough seas coexist. The market teems with constant movement, where one week's losers may be the next week's gainers. As we continue to analyze the performance of Coinbase Global and the Investment Banks/Brokers Industry, we stay committed to providing you with timely updates and informed insights. Stay tuned for further analysis, and as always, tread with caution and wisdom in the fast-paced world of investment.
COIN in downward trend: 10-day moving average broke below 50-day moving average on November 07, 2025
The 10-day moving average for COIN crossed bearishly below the 50-day moving average on November 07, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on November 03, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on COIN as a result. In of 82 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
COIN moved below its 50-day moving average on November 03, 2025 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where COIN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for COIN entered a downward trend on November 14, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator shows that the ticker has stayed in the oversold zone for 4 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an Uptrend is expected.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 6 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where COIN advanced for three days, in of 256 cases, the price rose further within the following month. The odds of a continued upward trend are .
COIN may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. COIN’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (4.045) is normal, around the industry mean (5.366). P/E Ratio (20.779) is within average values for comparable stocks, (28.575). COIN's Projected Growth (PEG Ratio) (7.588) is slightly higher than the industry average of (3.209). COIN has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.024). P/S Ratio (8.826) is also within normal values, averaging (12.045).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. COIN’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 63, placing this stock worse than average.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Advertisement
General Information
Industry FinancialPublishingServices
Advertisement