Coloplast - ready for new uptrend?After an accelerated trend channel during the first 6 months of 2020, the stock has made a bullish retracement flag marked by the red channel. Last week and today it has shown the strength to break out of the bullish flag formation, and looks technically ready for a new bullish rally.
Coloplast AS
No trades
No trades
Compare with Coloplast AS
0.19 USD
538.05 M USD
4.12 B USD
Next report date
—
Report period
—
EPS estimate
—
Revenue estimate
—
Company info
Sector
Industry
CEO
Gavin Wood
Website
Headquarters
Humlebaek
Founded
1954
IPO date
Jan 1, 1983
ISIN
US19624Y2000
CUSIP
19624Y200
FIGI
BBG00TN4ZY09
Identifiers
ISIN US19624Y2000
Coloplast A/S engages in the developing, manufacture, and markets medical products. It operates through the following segments: Chronic Care, Voice and Respiratory Care, Interventional Urology, Advanced Wound Dressings, and Biologics. The Chronic Care segment covers the sale of ostomy care products and continence care products. The Voice and Respiratory Care segment refers to the sale of laryngectomy and tracheostomy products. The Interventional Urology segment includes the sale of urological products, including disposable products. The Advanced Wound Dressings segment focuses on the sale of wound and skin care products. The Biologics segment represents a new segment covering the sale of tissue-based products. The company was founded by Aage Louis-Hansen and Johanne Louise-Hansen in 1954 and is headquartered in Humlebaek, Denmark.
Coloplast: Watch for break of black resistance line at 818 DKKColoplast is in a solid uptrend that goes years back. However, this resistance needs to be crossed in order for it to go higher. One could then wait for a small retracement to the black line that then needs to hold as support for it to bounce further up to 900 DKK
High Risk Reward, Conditional Long on ColoplastAs long as there is no daily close below 425, BUY on a breach (confirmed by daily close) of the blue line. STOP below the hammer in the 420-425 area. Tighten stops when the 480 area of trendline resistance is reached. Speculate on a breach of these trendlines but dont be too patient with it. TARGET
See all ideas
Summarizing what the indicators are suggesting.
Neutral
Neutral
Neutral
An aggregate view of professional's ratings.
Neutral
Neutral
Neutral
Displays a symbol's price movements over previous years to identify recurring trends.
Maturity dateMay 19, 2030
Coupon2.75% (Fixed)
Maturity dateMay 19, 2027
Coupon2.25% (Fixed)
See all CLPBY bonds









