$COST Keeps the Momentum going Despite Market Volatility

Despite market Volatility COST is exhibiting a bullish bias based on the following indicators:
Price Momentum
COST is trading near the top of its 52-week range and above its 200-day simple moving average.

COST is trading above all of its moving Averages indicating a Bullish Bias.
COST 50-day Moving Average is above the 200-day moving average also indicating a Bullish Bias.

COST 50-day Relative strength index is 63.59% higher than the 100-day RSI at 58.84%.

What does this mean?
Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.

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