Coupa Software: Now things are really taking off!
How Coupa Software performs in the RSI
To assess whether a security is currently “overbought” or “oversold”, the upward and downward movements over time can be put into relation. This provides the so-called Relative Strength Index (RSI), an indicator from technical analysis which is often used in the financial market. We now evaluate Coupa Software using the shorter-term RSI of the last 7 days as well as the slightly longer-term RSI on a 25-day basis. First, the 7-day RSIthis is currently at 19.17 points, which means that Coupa Software stock is oversold. Accordingly, it gets a “buy” rating. Now to the RSI25Contrary to the RSI7, Coupa Software is neither overbought nor -sold here. Therefore, for the RSI25, the security is rated “Hold”. This gives Coupa Software a “Buy” rating for this point in our analysis.
What does the technical analysis say?
The moving average price of Coupa Software now stands at $73.52. The share itself has reached a price of 61.46 USD. The distance to the GD200 is thus -16.4 percent, leading to a “Sell” rating. In contrast, the GD50 for the past 50 days currently has a level of 54.5 USD. Thus, with +12.77 percent distance, the stock is a “Buy” from this perspective. Thus, we assign an overall rating of “Hold.”
What do shareholders think of Coupa Software?
During the past few weeks, there has been no clear change in communication about Coupa Software on social media. There was no fundamental shift towards overly positive or negative discussions. The stock therefore receives a “hold” rating from the editors. The intensity or, to put it simply, the frequency of posts about a share provides indications of whether the company is currently much or little in the focus of investors. There has been significantly more discussion about Coupa Software than normal, and there is also an increase in attention. This leads to a “buy” rating. Overall, this gives the stock a “buy” rating.
Lost sight of the competition
The stock has returned -68.82 percent over the past year. Compared to stocks in the same sector (“Information Technology”), Coupa Software is 126.29 percent below average (57.47 percent). The average annual return for securities from the same sector “Software” is 84.28 percent. Coupa Software is currently 153.1 percent below this figure. Due to the underperformance, we rate the stock an overall “Sell” at this level.
How do analysts rate the stock?
In the past 12 months, analysts have given Coupa Software a buy rating 8 times, a hold rating 7 times and a sell rating 0 times. In the long term, the title thus receives a “buy” rating from institutional sources. A look at the past month reveals. 1 buy, 1 hold and 0 sell recommendations have been issued recently. Thus, the share is considered a “Buy” stock from an institutional perspective in the short term. Finally, analysts are also concerned with the current price of $61.46. On this basis, they expect a 71.49 percent development and generate a mean price target at USD 105.4. We consider this development as a “Buy” assessment. In this respect, the overall rating by institutional analysts is “Buy”.