Country Icon

Majesco Entertainment Company (COOL) - Buy, Sell or Hold?

Sector: Technology   Sub-Sector: Computer Software: Prepackaged Software
Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Tue, 28 Nov 2017NoneBearish EngulfingWed, 25 Oct 201714.14%
***Stock database and scans are updated around midnight (New York time) every trading day.
28.09 0.00 (0%) Nov 28 4:00pm EST
Open: 27.49 Range: 26.80 - 31.49 Vol: 577.1K Avg Vol: 83.18K
EPS: -30.20 P/E ratio: 0.00 EBITDA: -121.95M Mkt Cap: 150.02M
Analyze "COOL" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Up
Last Trade is above the 5 day moving average at 25.95
Medium Term: Trend is Up
Last Trade is above the 20 day moving average at 25.19
Last Trade is above the 50 day moving average at 25.72
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 19.13
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of COOL

Stock Trend Analysis - Buy, Sell or Hold "Majesco Entertainment Company" (COOL)?

COOL is in a very strong uptrend. In the last 52 weeks, COOL has been trading above the 200 day moving average for 81% of the time with an average daily volume of 83.2K shares being traded. The 50 day moving average, currently at 25.72, although still maintaining a bullish inclination, is however exhibiting characteristics of a medium term trading range. As the dominant long term trend is still up strongly, the high probability trade is still buying the dips. The 20 day moving average is in a trading range and is generally bucking the trend with a bearish bias. COOL was only able to maintain above the 20 SMA for 37.5% of the time in the last month of trading. Objectively, in a strong uptrend, the high probability strategy is to buy dips. Traders who are thinking of going long COOL shares should consider patiently waiting for price to be near the 50 or 200 SMAs, currently at 25.72 and 19.13 respectively. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "COOL".

The analyst consensus estimates for the 1 year price target for this stock is $1.00* (*source: Yahoo Finance).

Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Tue, 28 Nov 2017
Technology Stocks Above 200 Day Moving-Average
TickerNameTrend AnalysisSupport/Resistance
BBSIBarrett Business Services, Inc.Buy, Sell or HoldTrading Levels & Pivots
CSIQCanadian Solar Inc.Buy, Sell or HoldTrading Levels & Pivots
MCHPMicrochip Technology IncorporatedBuy, Sell or HoldTrading Levels & Pivots
LORLLoral Space and Communications, Inc.Buy, Sell or HoldTrading Levels & Pivots
SMTCSemtech CorporationBuy, Sell or HoldTrading Levels & Pivots
GOOGGoogle Inc.Buy, Sell or HoldTrading Levels & Pivots
ALOTAstro-Med, Inc.Buy, Sell or HoldTrading Levels & Pivots
PMTCParametric Technology CorporationBuy, Sell or HoldTrading Levels & Pivots
AVGOAvago Technologies LimitedBuy, Sell or HoldTrading Levels & Pivots
RMBSRambus, Inc.Buy, Sell or HoldTrading Levels & Pivots