RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of COTY
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Coty Inc stock upgraded to Buy Candidate.
(Updated on Mar 27, 2024)

Buy candidate since Mar 27, 2024 PDF

The Coty Inc stock price gained 1.46% on the last trading day (Wednesday, 27th Mar 2024), rising from $11.65 to $11.82. During the last trading day the stock fluctuated 2.51% from a day low at $11.56 to a day high of $11.85. The price has fallen in 6 of the last 10 days and is down by -6.26% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 2 million more shares were traded than the day before. In total, 4 million shares were bought and sold for approximately $44.11 million.

The stock lies in the lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $11.52 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 2.07% during the next 3 months and, with a 90% probability hold a price between $11.76 and $13.63 at the end of this 3-month period.

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COTY Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, March 25, 2024, and so far it has risen 2.07%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Coty Inc stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $12.30. On a fall, the stock will find some support from the short-term average at $11.81. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Coty Inc stock

Coty Inc finds support from accumulated volume at $11.62 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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 $0.290 between high and low, or 2.51%. For the last week, the stock has had daily average volatility of 2.52%.

Our recommended stop-loss: $11.14 (-5.75%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 2 days ago.)

Trading Expectations (COTY) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Coty Inc to open at $11.74, and during the day (based on 14 day Average True Range), to move between $11.50 and $12.14, which gives a possible trading interval of +/-$0.324 (+/-2.74%) up or down from last closing price. If Coty Inc takes out the full calculated possible swing range there will be an estimated 5.48% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $11.88 (0.51%) than the support at $11.62 (1.69%), 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 Coty Inc 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 Coty Inc stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 1.001 Buy Candidate Upgraded

Predicted Opening Price for Coty Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$11.74 ( 0.649%) $11.82

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

Trading levels for COTY

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 12.03 1.80 %
R2 11.92 0.87 %
R1 11.85 0.289 %
Current price: 11.82
Support S1 11.63 -1.59 %
S2 11.56 -2.16 %
S3 11.45 -3.10 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 12.24 3.55 %
R2 12.10 2.37 %
R1 11.88 0.508 %
Current price 11.82
Support S1 11.62 -1.69%
S2 11.55 -2.28%
S3 11.52 -2.54%

COTY Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 05, 2020 Feb 14, 2020 Mar 27, 2020 $0.125 1.98%
2 Nov 06, 2019 Nov 15, 2019 Dec 27, 2019 $0.125 1.14%
3 Aug 28, 2019 Sep 06, 2019 Sep 30, 2019 $0.125 1.19%
4 May 08, 2019 Jun 05, 2019 Jun 28, 2019 $0.125 0.93%
5 Feb 08, 2019 Feb 27, 2019 Mar 15, 2019 $0.125 1.15%

FAQ

What is the symbol for Coty Inc Stock and on which exchange is it traded?
The symbol for Coty Inc is COTY and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Coty Inc 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 Coty Inc stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

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

What's the current price of Coty Inc Stock?
As of the end of day on the 2024-03-27, the price of an Coty Inc (COTY) share was $11.82.

What is the 52-week high and low for Coty Inc Stock?
The 52-week high for Coty Inc Stock is $13.40 and the 52-week low is $9.02.

What is the market capitalization of Coty Inc Stock?
As of the 2024-03-27, the market capitalization of Coty Inc is 10.581B.

When is the next earnings date for Coty Inc?
The upcoming earnings date for Coty Inc is May 14, 2024.
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About Coty Inc

Coty Coty Inc., together with its subsidiaries, engages in the manufacture, marketing, distribution, and sale of beauty products worldwide. The company provides prestige fragrances, skin care, and color cosmetics products through prestige retailers, including perfumeries, department stores, e-retailers, direct-to-consumer websites, and duty-free shops under the Alexander McQueen, Burberry, Bottega Veneta, Calvin Klein, Cavalli, Chloe, Davidoff, Escada... COTY Profile

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