RSI low/high Values: [ 25 - 75 ]
* uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of COHU
Powered by GPT-4o
Stock Analysis
Risk Assessment
Trading Strategy

Green day on Friday for Cohu
(Updated on Jul 12, 2024)

Buy or Hold candidate since Jun 28, 2024 Gain 6.47% PDF

The Cohu stock price gained 0.0284% on the last trading day (Friday, 12th Jul 2024), rising from $35.23 to $35.24. During the last trading day the stock fluctuated 3.12% from a day low at $35.15 to a day high of $36.25. The price has risen in 7 of the last 10 days and is up by 10.33% over the past 2 weeks. Volume fell on the last day by -226 thousand shares and in total, 205 thousand shares were bought and sold for approximately $7.23 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the upper part of a wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $35.69 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 15.35% during the next 3 months and, with a 90% probability hold a price between $36.98 and $41.17 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

COHU Signals & Forecast

The Cohu stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $34.56 and $32.48. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, July 10, 2024, and so far it has fallen -0.82%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Cohu stock

On the downside, the stock finds support just below today's level from accumulated volume at $33.10 and $31.99. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Cohu finds support just below today's level at $33.10. If this is broken, then the next support from accumulated volume will be at $31.99 and $29.60.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $1.10 between high and low, or 3.12%. For the last week, the stock has had daily average volatility of 3.08%.

Our recommended stop-loss: $34.15 (-3.09%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 22 days ago.)

Trading Expectations (COHU) For The Upcoming Trading Day Of Monday 15th

For the upcoming trading day on Monday, 15th we expect Cohu to open at $35.55, and during the day (based on 14 day Average True Range), to move between $34.24 and $36.24, which gives a possible trading interval of +/-$1.00 (+/-2.83%) up or down from last closing price. If Cohu takes out the full calculated possible swing range there will be an estimated 5.66% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $35.53 (0.82%) than the support at $33.10 (6.07%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Cohu stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Cohu stock to perform well in the short-term.

Current score: 2.407 Buy Candidate Unchanged

Predicted Opening Price for Cohu of Monday, July 15, 2024

Fair opening price July 15, 2024 Current price
$35.55 ( 0.87%) $35.24

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for COHU

Fibonacci Support & Resistance Levels

Level Price
R3 36.64 3.97%
R2 36.22 2.79%
R1 35.96 2.05%
Price 35.24
S1 35.13 -0.321%
S2 34.87 -1.05%
S3 34.45 -2.24%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0 -
R2 0 -
R1 35.53 0.82%
Price 35.24
S1 33.10 -6.07%
S2 31.99 -9.22%
S3 29.60 -16.00%

COHU Dividend Payout History

# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 11, 2020 Feb 24, 2020 Apr 09, 2020 $0.0600 0.410%
2 Oct 31, 2019 Nov 14, 2019 Jan 02, 2020 $0.0600 0.264%
3 Aug 05, 2019 Aug 22, 2019 Oct 18, 2019 $0.0600 0.399%
4 May 06, 2019 Jun 13, 2019 Jul 26, 2019 $0.0600 0.382%
5 Feb 12, 2019 Feb 25, 2019 Apr 12, 2019 $0.0600 0.405%


What is the symbol for Cohu Stock and on which exchange is it traded?
The symbol for Cohu is COHU and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Cohu Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Cohu stock to perform well in the short-term.

How to buy Cohu Stock?
Cohu Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Cohu Stock.

What's the current price of Cohu Stock?
As of the end of day on the Jul 12, 2024, the price of an Cohu (COHU) share was $35.24.

What is the 52-week high and low for Cohu Stock?
The 52-week high for Cohu Stock is $43.99 and the 52-week low is $28.57.

What is the market capitalization of Cohu Stock?
As of the Jul 12, 2024, the market capitalization of Cohu is 1.659B.

When is the next earnings date for Cohu?
The upcoming earnings date for Cohu is Aug 01, 2024.
Click to get the best stock tips daily for free!

About Cohu

Cohu Cohu, Inc., through its subsidiaries, provides semiconductor test equipment and services in China, the United States, Taiwan, Malaysia, the Philippines, and internationally. The company supplies semiconductor test and inspection handlers, micro-electromechanical system (MEMS) test modules, test contactors, thermal sub-systems, and semiconductor automated test equipment for semiconductor and electronics manufacturers, and test subcontractors. It a... COHU Profile

Top Fintech Company featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE