Earnings Play Cooper Companies
Upside breakout from a symmetrical triangle pattern.
Share this:
Today, after market, Cooper Companies (COO) is expected to report fourth quarter EPS of $3.09 compared to $3.30 last year on revenue of approximately $676.3 million vs. $691.6 million a year earlier. The company manufactures contact lens and medical products, and its stock price is anticipated to move up or down by 6.7% based on options volatility. The stock rose 5.4% after they last reported earnings.
Technically speaking, on a daily chart, Cooper's stock price has just broken out to the upside of a short-term symmetrical triangle pattern that began to form in early-November. The RSI is above 50 and just crossed above a bearish trendline. The simple moving averages (SMA) are arranged in a mixed to bullish manner, as the 50-day SMA is above the 20-day SMA and the 20-day SMA is above the 200-day SMA. If the 20-day SMA crosses to the upside of the 50-day SMA it would be a bullish signal. It should also be noted that the 200-day SMA is currently angled downward, therefore traders on the long side should be cautious. Price is likely to continue to advance towards 347.00. If price can get over 347.00 then its next target would be 364.00. On the over hand, if price closes below the upper trendline of the symmetrical triangle pattern then price could pull back to the 324.00 support level. If price is unable to bounce off of 324.00 it would be a bearish signal that could send price back down to 314.00.
Source: GAIN Capital, TradingView
Technically speaking, on a daily chart, Cooper's stock price has just broken out to the upside of a short-term symmetrical triangle pattern that began to form in early-November. The RSI is above 50 and just crossed above a bearish trendline. The simple moving averages (SMA) are arranged in a mixed to bullish manner, as the 50-day SMA is above the 20-day SMA and the 20-day SMA is above the 200-day SMA. If the 20-day SMA crosses to the upside of the 50-day SMA it would be a bullish signal. It should also be noted that the 200-day SMA is currently angled downward, therefore traders on the long side should be cautious. Price is likely to continue to advance towards 347.00. If price can get over 347.00 then its next target would be 364.00. On the over hand, if price closes below the upper trendline of the symmetrical triangle pattern then price could pull back to the 324.00 support level. If price is unable to bounce off of 324.00 it would be a bearish signal that could send price back down to 314.00.
Source: GAIN Capital, TradingView
Today, after market, Cooper Companies (COO) is expected to report fourth quarter EPS of $3.09 compared to $3.30 last year on revenue of approximately $676.3 million vs. $691.6 million a year earlier. The company manufactures contact lens and medical products, and its stock price is anticipated to move up or down by 6.7% based on options volatility. The stock rose 5.4% after they last reported earnings.
Technically speaking, on a daily chart, Cooper's stock price has just broken out to the upside of a short-term symmetrical triangle pattern that began to form in early-November. The RSI is above 50 and just crossed above a bearish trendline. The simple moving averages (SMA) are arranged in a mixed to bullish manner, as the 50-day SMA is above the 20-day SMA and the 20-day SMA is above the 200-day SMA. If the 20-day SMA crosses to the upside of the 50-day SMA it would be a bullish signal. It should also be noted that the 200-day SMA is currently angled downward, therefore traders on the long side should be cautious. Price is likely to continue to advance towards 347.00. If price can get over 347.00 then its next target would be 364.00. On the over hand, if price closes below the upper trendline of the symmetrical triangle pattern then price could pull back to the 324.00 support level. If price is unable to bounce off of 324.00 it would be a bearish signal that could send price back down to 314.00.
Source: GAIN Capital, TradingView
Technically speaking, on a daily chart, Cooper's stock price has just broken out to the upside of a short-term symmetrical triangle pattern that began to form in early-November. The RSI is above 50 and just crossed above a bearish trendline. The simple moving averages (SMA) are arranged in a mixed to bullish manner, as the 50-day SMA is above the 20-day SMA and the 20-day SMA is above the 200-day SMA. If the 20-day SMA crosses to the upside of the 50-day SMA it would be a bullish signal. It should also be noted that the 200-day SMA is currently angled downward, therefore traders on the long side should be cautious. Price is likely to continue to advance towards 347.00. If price can get over 347.00 then its next target would be 364.00. On the over hand, if price closes below the upper trendline of the symmetrical triangle pattern then price could pull back to the 324.00 support level. If price is unable to bounce off of 324.00 it would be a bearish signal that could send price back down to 314.00.
Source: GAIN Capital, TradingView
Related tags:
Latest market news
Open an account in minutes
Experience award-winning platforms with fast and secure execution, and enjoy tight spreads from 0.5 pts on FX and 0.3 pts on indices.
Economic calendar
Web Trader platform
Our sophisticated web-based platform is packed with features.
Related articles
EUR/USD Q4 2026 Outlook: Euro at a Crossroads as Fed, ECB Tighten 9 25 2026
EUR/USD enters Q4 at a pivotal inflection point as competing Fed-ECB policy paths and persistent inflation risks collide with major technical support.
USD/JPY Q4 2026 Outlook: Hawkish Fed Pricing Clashes With Intervention Risk
The year-end tug-of-war is clear: hawkish Fed pricing supports USD/JPY, while intervention risk limits the upside.
Japanese Yen Forecast: USD/JPY 4% Rally Challenges Post-Intervention Downtrend 9 24 2026
USD/JPY momentum has shifted sharply higher, putting a major resistance confluence in focus as U.S. and Japanese event risk builds.
This report is intended for general circulation only. It should not be construed as a recommendation, or an offer (or solicitation of an offer) to buy or sell any financial products. The information provided does not take into account your specific investment objectives, financial situation or particular needs. Before you act on any recommendation that may be contained in this report, independent advice ought to be sought from a financial adviser regarding the suitability of the investment product, taking into account your specific investment objectives, financial situation or particular needs.
StoneX Financial Pte. Ltd., may distribute reports produced by its respective foreign entities or affiliates within the StoneX group of companies or third parties pursuant to an arrangement under Regulation 32C of the Financial Advisers Regulations. Where the report is distributed to a person in Singapore who is not an accredited investor, expert investor or an institutional investor (as defined in the Securities Futures Act), StoneX Financial Pte. Ltd. accepts legal responsibility to such persons for the contents of the report only to the extent required by law. Singapore recipients should contact StoneX Financial Pte. Ltd. at 6826 9988 for matters arising from, or in connection with the report.
In the case of all other recipients of this report, to the extent permitted by applicable laws and regulations neither StoneX Financial Pte. Ltd. nor its associated companies will be responsible or liable for any loss or damage incurred arising out of, or in connection with, any use of the information contained in this report and all such liability is hereby expressly disclaimed. No representation or warranty is made, express or implied, that the content of this report is complete or accurate.
StoneX Financial Pte. Ltd. is not under any obligation to update this report.
Trading CFDs carries a high level of risk that may not be suitable for some investors. Consider your investment objectives, level of experience, financial resources, risk appetite and other relevant circumstances carefully. The possibility exists that you could lose some or all of your investments, including your initial deposits. If in doubt, please seek independent expert advice. Visit www.forex.com/en-sg/terms-and-policies for the complete Risk Disclosure Statement.