Costco Trades Near $872, Resistance at $914

$Costco(COST)$

COST Gains +2.00%: Retail Giant Tests $870 Pivot, Momentum Building

Latest Close Data

Closed at $871.86 on 2025-12-26, up +2.00% ($17.07). The stock is currently about 19.1% below its 52-week high of $1078.23.

Core Market Drivers

The stock's positive move coincides with a general retail sector uptick amid stable consumer sentiment.

Recent capital flow data shows a net inflow of ~$61 million over the last five trading days, suggesting renewed institutional interest after a period of outflows.

Technical Analysis

Volume was 1.82M shares (Volume Ratio: 0.88), indicating quiet accumulation.
The MACD histogram has turned positive (-1.83), showing a significant reduction in bearish momentum and hinting at a potential bullish crossover.
The 6-day RSI surged to 55.94, confirming the move out of oversold territory and into neutral-bullish momentum.

Key Price Levels

Immediate Pivot: $870.70 (Evening Session Close). A sustained move above is key for continuation.
Primary Support: $854.06. This level has held firm and is the floor for the recent bounce.
Strong Resistance: $914.06. A break above this level would signal a more significant trend reversal.

Valuation Perspective

Forward P/E stands at 42.83, which is slightly below its historical average of 45.27 and significantly below the +1 Std. Dev. level of 52.77, suggesting the valuation premium has moderated from recent highs.

Analyst Targets

Coverage is overwhelmingly positive. Out of 38 analysts, 11 rate it Strong Buy, 12 Buy, 14 Hold, and only 1 Underperform.

The consensus 12-month price target is $1030.40, implying ~18% upside from current levels.

Weekly Outlook

Expect consolidation between $854 support and $876 (today's high)/$914 resistance in the near term.

A decisive break above $914 could open a path toward the $950-$970 zone. A fall below $854 would likely retest the 52-week low near $844.

Risk Disclaimer

This analysis is for informational purposes only and not financial advice. Past performance is not indicative of future results. Investing involves risk, including the potential loss of principal. Conduct your own research before making any investment decisions.

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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.