Coach ($COH) - Overbought - views

Coach has hit a technical signal on 3 different technical indicators. COH is in the Consumer Non-Durables sector. The technical signals indicate that the stock is Overbought right now. The 3 indicators: Commodity Channel Index, Relative Strength Index and the Fast Stochastics were all triggered based on the last closing price of $74.99 on Feb 13.

There are currently 29 analysts covering the company. Of these analysts, 19 have a buy recommendation. The current consensus estimate for quarterly earnings among the 29 analysts covering the stock is $1.15 per share. Last quarter the company earned $0.70 per share. The consensus estimate for this years earnings is $3.44 per share as compared to the next years' expectation, of $3.97 per share. The consensus estimate for next years earnings is $3.97 per share, which represents forecast growth of 15.4%.

Over the last 52 weeks, the stock has been trading between $45.76 and $75.12. More recently in the last 4 weeks, the stock has been trading between $60.96 and $75.12. Yesterday the stock traded between $74.11 and $75.12. The stock currently has a PE ratio of 19.4.

Coach is trading 7.9% from its 20-day simple moving average (SMA) of $69.51 and 16.4% from its 50-day SMA and 23.46% from its 200-day SMA. Average daily volume over the last 30 days has been 3,202,810 shares.

At yesterdays close: the RSI was at 81.2, the CCI was at 116.8 and the Fast Stochastic was at 98.4. COH closed yesterday at $74.99, on volume of 2,172,921 shares as compared to an average volume of 3,202,810 over the last 4 weeks.

Coach, Inc. designs and markets accessories and gifts for women and men in the United States and internationally. It primarily offers handbags, womenÂ’s and menÂ’s bag, accessories, business cases, footwear, wearables, jewelry, sunwear, travel bags, watches, and fragrance products. The companyÂ’s accessories, include money pieces, wristlets, cosmetic cases, wallets, card cases, time management and electronic accessories, key rings, charms, and womenÂ’s and menÂ’s belts; business cases, such as computer bags, messenger-style bags, and totes; wearables comprise jackets, sweaters, gloves, hats, and scarves; jewelry consisting of bangle bracelets, necklaces, rings, and earrings; and luggage and related accessories, such as travel kits and valet trays. It provides womenÂ’s fragrance collections, including eau de perfume spray, eau de toilette spray, purse spray, body lotion, and body splashes. The company operates stores in North America, Japan, Hong Kong, Macau, and mainland China, as well as sells through the Internet and the Coach catalog. It also sells its products to wholesale customers and distributors in approximately 20 countries. As of July 2, 2011, it had 345 retail and 143 factory leased stores located in North America; 169 Coach-operated department store shop-in-shops, retail stores, and factory stores in Japan; and 66 Coach-operated department store shop-in-shops, retail stores, and factory stores in Hong Kong, Macau, and mainland China. The company was founded in 1941 and is headquartered in New York, New York.

Technical Indicators should be used as the starting point for further analysis. These indicators are provided as a guide to help you determine what assets to analyze. The technical indicators used in this article can indicate that an asset is either overbought or oversold, but that indication could be the result of a fundamental or other type of event like an earnings announcement.

To learn more about technical analysis, please refer to our technical analysis primer.