Despite market Volatility NASDAQ:COST is exhibiting a bullish bias based on the following indicators: Price Momentum COST is trading near the top of its 52-week range and above its 200-day simple moving average.
NASDAQ:COST is trading above all of its moving Averages indicating a Bullish Bias. NASDAQ:COST 50-day Moving Average is above the 200-day moving average also indicating a Bullish Bias.
NASDAQ:COST 50-day Relative strength index is 63.59% higher than the 100-day RSI at 58.84%.
What does this mean? Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.