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COUR Stock Tickeron detected bullish Stock Pattern: Wedge Falling COUR on October 10, 2024, netting in a 5.00% gain over 1 month

A.I.dvisor
at Tickeron.com
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+5.00% Gain from a Successful pattern Wedge Falling
COUR - Coursera
Tickeron
Ticker: COUR
Company: Coursera
Gain: +5%
Confirmed: 10/10/24
Succeeded: 11/26/24
Total length: 48 days
On October 09, 2024, A.I.dvisor detected a Wedge Falling Pattern (Bullish) for Coursera (COUR, $7.40). On October 10, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $8.22. 47 days later, on November 26, 2024, COUR reached the target price resulting in a for traders who took a long position in the stock.

COUR in upward trend: 10-day moving average broke above 50-day moving average on December 02, 2024

The 10-day moving average for COUR crossed bullishly above the 50-day moving average on December 02, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 9 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 25, 2024. You may want to consider a long position or call options on COUR as a result. In of 61 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for COUR just turned positive on November 25, 2024. Looking at past instances where COUR's MACD turned positive, the stock continued to rise in of 29 cases over the following month. The odds of a continued upward trend are .

COUR moved above its 50-day moving average on November 25, 2024 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where COUR advanced for three days, in of 215 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 147 cases where COUR Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The RSI Indicator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where COUR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

COUR broke above its upper Bollinger Band on December 17, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued 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 (3.549) is normal, around the industry mean (27.465). P/E Ratio (0.000) is within average values for comparable stocks, (88.791). COUR's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.729). Dividend Yield (0.000) settles around the average of (0.038) among similar stocks. P/S Ratio (3.300) is also within normal values, averaging (11.833).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. COUR’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable 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 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. COUR’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 79, placing this stock worse than average.

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COUR
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General Information

Industry MiscellaneousCommercialServices

Profile
Fundamentals
Details
Industry
N/A
Address
381 E. Evelyn Avenue
Phone
+1 650 963-9884
Employees
1295
Web
https://www.coursera.org