Costco Wholesale Corporation (COST)

Costco Wholesale Corporation is trading at $904.70, up 0.59% on the session. The 50 day average sits at $936.54 and the 200 day at $960.42, which puts the stock in a downtrend. RSI is at 36, which reads as weak, and MACD is bearish crossover. Volume is volume spike.

The nearest support is around $888.04 with resistance near $921.99, so that band frames the current range. Average daily movement is roughly $14.29, or about 1.6% of the share price, which is what any stop placement has to allow for. The overall health score of 36 out of 100 combines a trend score of 3, momentum of 33 and a risk score of 92.

Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden. It offers merchandise, including sundries, dry groceries, candies, coolers, freezers, deli, liquor, and tobacco; non-food merchandise comprising appliances, small electronics, health and beauty aids, hardware, lawn and garden, sporting goods, tires, toys and seasonal, automotive, stamps, tickets, apparel, furniture, domestics, housewares, special order kiosks, and jewelry; and fresh food, such as meat, produce, service deli, and bakery products. The company is also involved in warehouse ancillary operations, which include gasoline, pharmacies, optical, food courts, hearing-aid centers, and tire installation centers. In addition, it engages in e-commerce, business centers, travel, and other businesses. The company was formerly known as Costco Companies, Inc. and changed its name to Costco Wholesale Corporation in August 1999. Costco Wholesale Corporation was founded in 1976 and is based in Issaquah, Washington.