Coinbase Global, Inc.(COIN) - Stock detail

Coinbase Global, Inc.

US
COIN
Coinbase Global, Inc.(Listing date: 04/14/2021)

Coinbase Global, Inc. was founded in Delaware in May 2012 by Brian Armstrong and Fred Ehrsam, with its headquarters located in San Francisco, California, USA. It has 1,249 full-time employees and operates as a digital currency exchange. They facilitate the trading of Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, Tezos, and many other cryptocurrencies. It enables trading and storage using fiat currencies in approximately 32 countries and Bitcoin in 190 countries worldwide. By trading volume, Coinbase is currently the largest cryptocurrency exchange in the United States. Nearly all of Coinbase's revenue comes from the trading of BTC and ETH.

AI Technical AnalystSell
Rating2/10
Generated at:2026-06-03 17:40:28
Analysis based on US stock market data for Coinbase Global, Inc. (COIN) covering period from 2026-03-10 to 2026-06-03 (86 calendar days, 60 trading days). Chip distribution analysis is estimated based on statistical modeling of historical OHLC and turnover data, not actual shareholder holding data, using volume-based proxies when precise turnover rates are unavailable.
Insight

Technical analysis for COIN presents an unequivocally bearish picture with a confirmed downtrend, trading below all key moving averages and showing accelerating bearish momentum.

Resistance
222.35
Support
158.46
Support and resistance are estimated from the latest 60 sessions.
Strategy
  • Short-term:Avoid new long positions; the path of least resistance is lower. Any short-term bounce from oversold levels should be viewed with caution and not mistaken for trend reversal without confirming signals like a close above key moving averages on strong volume.
  • Mid-term:Maintain defensive stance; wait for clear basing pattern and reversal signals before considering entry. A sustained recovery above the 20-day SMA near $191 is needed to improve the technical outlook.
  • Long-term:Monitor for evidence of bullish momentum divergence or accumulation patterns. Prudent risk management dictates waiting for COIN to demonstrate ability to hold above key resistance levels and show improved chip distribution metrics.

Moving averages

MA 5
178.22
MA 20
191.16
MA 60
189.79
Price
163.22
AI Analysis
  • Moving average structure shows clear bearish alignment with 20-day SMA (191.16) above 60-day SMA (189.79), which is above both 10-day (181.47) and 5-day (178.22) SMAs.
  • Current closing price of $163.22 is trading significantly below all key moving averages.
  • EMA configuration confirms strong selling pressure: EMA_5 (174.89) < EMA_10 (180.58) < EMA_20 (186.12) with price well below all three.
  • This configuration represents a classic bearish trend signal known as a 'death cross' alignment.

Volume

Volume
9.44M
20D Avg
9.62M
Institution
-
Participation
-
AI Analysis
  • Large down days are consistently accompanied by high or above-average volume (9.44M shares on 2026-06-03, 9.15M on 2026-06-02, 20.8M on initial breakdown 2026-03-24).
  • High-volume breakdowns lend credence to bearish price moves, suggesting institutional or large-scale selling.
  • Volume pattern shows classic distribution where selling occurs on strength and accelerates on weakness.
  • The Money Flow Index (MFI) at extremely low 0.39 indicates very strong selling pressure combined with high volume on down days.

MACD

MACD
-5.36
Signal
-2.37
Hist
-3.00
Trend
-
AI Analysis
  • MACD indicator is deeply negative with MACD line at -5.3642, signal line at -2.3689, and histogram at -2.9953.
  • Negative MACD value indicates short-term momentum is weaker than long-term momentum.
  • MACD line below signal line with negative and widening histogram suggests bearish momentum is accelerating.
  • This configuration represents a strong sell signal.

Bollinger bands

Upper
217.70
Middle
191.16
Lower
164.62
Width
27.77%
AI Analysis
  • Price of $163.22 is trading below the lower Bollinger Band at $164.62.
  • Middle band (20-day SMA) is at $191.16.
  • Trading below lower band can signal oversold condition and potential short-term rebound, but can also indicate continuation of strong downtrend.
  • Band width of approximately 53 points (Upper 217.70 - Lower 164.62) suggests elevated volatility.

RSI

RSI(14)
36.87
RSI(6)
26.11
Overbought
70+
Oversold
30-
AI Analysis
  • RSI (14-period) at 36.87 is approaching oversold territory (typically below 30).
  • More sensitive RSI_6 is deep in oversold territory at 26.11.
  • While oversold RSI can sometimes precede a bounce, it is not a timing signal in a strong downtrend.
  • Current levels indicate significant selling pressure has been exerted recently.
  • Prices can remain oversold for extended periods during sustained sell-offs.

KDJ

K
22.39
D
28.35
J
10.47
Trend
-
AI Analysis
  • KDJ values (K: 22.39, D: 28.35, J: 10.47) are all in bearish territory.
  • J-line at 10.47 is extremely low, signaling oversold condition similar to RSI.
  • K and D lines are also low and trending downward, confirming bearish momentum.

Chip distribution

How chip distribution helps you?
Chip distribution summary
  • The estimated chip distribution shows the current price is below the average cost, with almost no holders in a profitable position, creating overhead supply that could cap rallies.
  • Average cost estimated at $183.45, with current price of $163.22 below this average.
  • Profit ratio of 0.21% indicates almost no holders are in profitable position.
  • 90% cost concentration range is wide (165.82 to 206.38), with current price at very bottom edge.
  • 70% concentration value of 7.62% suggests moderate chip concentration within range of 171.11 to 199.33.
  • Price breaking below lower bound of 70% range ($171.11) is negative signal that could trigger stop-losses and further selling.
  • Majority of recent buyers are at a loss, creating 'overhead supply' where holders may sell on rebounds to break even.
No chart data

Data is estimated based on turnover rate, high, low, open, and close prices. Profit ratios may vary significantly across different brokerage tools.