Coinbase Global, Inc. is the holding company for Coinbase, Inc. and its subsidiaries, providing a platform for users to discover, trade, stake, store, spend, earn, and use crypto assets. It offers products and services tailored to three customer groups: consumers (individual retail users trading and engaging in on-chain activities), institutions (market makers, asset managers, hedge funds, banks, wealth platforms, registered investment advisors, payment platforms, corporations), and developers (developers, creators, merchants, crypto asset issuers, organizations, and financial institutions building decentralized protocols and applications).
When researching a stock like Coinbase Global, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from COIN Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for COIN stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the COIN 200 day moving average ("COIN 200 DMA"), while one of the most popular "shorter look-backs" is the COIN 50 day moving average ("COIN 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Coinbase Global. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the COIN 200 DMA and the COIN 50 DMA, we get a moving average convergence divergence indicator ("COIN MACD"). The COIN MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart). |
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Video: Technical Analysis