COF stock: buy or sell

COF stock price: $161.39 -0.71% At close on Jul 28th, 2021

Updated on:
Jul 29th, 2021

2

COF stock brief

  • Capital One stock slightly moved -0.71% to close at $161.39 on the stock market on Wednesday.
  • Last Monday broke out above its latest top at $162.00
  • On July 22, Capital One presented its Q2 financial report

Should I buy Capital One stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $COF stock a buy?

In the current situation of Capital One there is just one buy setup eligible:

ATH buy setup

One of the most recommended trading strategies is to buy on All-time Highs (ATH) breakouts. The good point of buying at ATHs is that price doesn't struggle with upper resistances, and usually it scales fast. However, you must always be aware of a possible bulls trap that may trigger your buy order and then falls sharply. That's why a stop loss is always important. Price is now at 4.10% of all-time highs and it can breakout at any time, so if you want to trade this setup it's recommended to setup your order at $168.00. The stop loss would be placed at $151.20

Buy setupBuy pointStop lossRisk
ATH buy setup$168.00$151.2010.00%

Should I sell Capital One stock?

When you are a novel trader and you own stock shares with some profit, it's really hard to decide the good moment to sell and get your benefits. As when we have to buy shares, determining when is appropiate time to sell is not a haphazard decision, and we must use our own trading strategy. When selling, as well as buying, detailed strategies are very simple to use but are only valid for selling shares in your porfolio, not for selling short $COF stock

As a golden rule, you should never keep an investment that generates losses greater than those expected at the time of the buy. The moment to sell your stock must always be ruled by the stop-loss (automatic or manual)

Is it time to sell Capital One stock?

In the current situation of Capital One there is not any eligible sell setup, so Capital One stock holders with operations in profit can keep their positions

Capital One ratings

In the last 30 days we couldn't find any rating for Capital One

Capital One stock analysis

SMAs overview

COF stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $162.00 (0.38% above)
  • R2: $168.00 (4.10% above)
  • The current support levels are:

  • S1: $149.45 (-7.40% below)
  • S2: $147.52 (-8.59% below)
  • S3: $134.36 (-16.75% below)
  • Bollinger bands

    The price is trading near to the upper Bollinger band, indicating some level of overbought in recent sessions. This is not a sell signal, as price can move in these levels for many days and weeks

    COF stock Bollinger Bands chart

    Relative strength index

    The RSI dropped below the overbought level of 70 in early June after just crossing to the overbough zone for a single day (weak signal). The RSI value on Wednesday was 53.57. Capital One stock tanked a 2.93% since that level was lost

    COF stock RSI chart

    Capital One stock price history

    Capital One went public priced at an adjusted price1 of $4.05 on Nov 1994. Since then, COF stock has risen by 3,884.94%, with an average of 149.42% per year. An investment of $1,000USD on Nov 1994 would worth $39,849.38 nowadays.

    1: Adjusted price after possible price splits or reverse-splits

    COF stock price history chart

    Price target for Capital One stock

    Nobody can predict how much a share will be priced tomorrow. Banks and financial organisations publish their analysis forecasting how a particular stock will performance in the future.

    Along with buy or sell recommendations, brokerage institutions release their price forecasts based on the stock price action and the company fundamental data. Most of these predictions follow the release of new fundamental data by the company, and many times. If you are a small investor you should not invest based on these forecasts.

    We don't have any target price posted in the last month for Capital One.

    Earnings and financials

    On July 22, Capital One ($COF) had the quarterly financial call and released the report. COF beat analysts estimates and posted of $7.71, that is a 67.25% better than expected versus the previous estimates of $4.61. In line, reported revenues were $7.4 billion versus estimates of $7.1 billion.

    Same quarter last year, reported EPS was $-2.21, so recently reported EPS means an improvement of 448.87%. Looking at revenues, figures merely changed compared to $0.00 year over year.

    COF ($COF) will host the Q3 earnings call next October. Wall Street analysts forecast of $4.36, that is a 43.45% less than previous quarter.

    Capital One performance

    COF performance compared
    Company1m3m6m
    Capital One ($COF) 2.60% 10.80% 55.40%

    Important:
    The opinions expressed in this post are personal and should not be followed as recommendations for you to buy or sell shares. The author of this document does not know the particular scenarios of the reader, his or her financial statements or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Thoughts are expressed for general educational purposes only

    COF summary

    Wednesday, July 28th, 2021
    Open$163.04
    Close$161.39
    Day range$159.88 - $163.54
    Previous close$162.54
    Session gain-0.71%
    Average true range$6.88
    50d mov avg$159.23
    100d mov avg$148.07
    200d mov avg$122.54
    Earnings dateOctober 20th, 2021

    Frequently asked questions

    What is Capital One stock symbol?

    Capital One Financial Corporation is a public company trading in the US stock market with the COF symbol

    Is Capital One stock a buy or sell?

    Capital One had no ratings in the last 4 weeks Read the article to get additional tips on trading COF stock.

    Will COF go up?

    There were no predictions published by market analysts in the last 4 weeks for Capital One.