Daily Analysis

COSTCO WHOLESALE CORPORATION (COST) opened with a gap up on Dec 11, 2024 (Wednesday), experienced volatility 1.43%

COSTCO WHOLESALE CORPORATION (COST) stock analysis on Dec 11, 2024 (Wednesday)

  
   Date: Dec 11, 2024 (Wednesday)

   open:  $995.00     close:  $994.69
   low :  $993.59     high :   $1007.80
  
   previous close:  $993.40

On Dec 11, 2024 (Wednesday), COSTCO WHOLESALE CORPORATION (COST) in the consumer goods sector showed bearish momentum. The stock belongs to the discount stores industry within the consumer defensive sector.

The stock opened with a gap up at $995.00, compared to the previous close of $993.40 (a gap up of 0.16%).

The stock hit a high of $1007.80 and a low of $993.59, creating a trading range of $14.21. The price movement was -0.03% lower than the opening price.

The stock traded 1,742,818 shares, showing a modest -4.92% change compared to the average of 1,832,925 shares. This indicates a fairly typical level of market activity, with no major deviations from average trading volume.

The stock experienced low volatility (1.43%), staying within a narrow range (the stock remained stable with a high of $1007.80 and a low of $993.59).

Even though the market is bullish, the stock closed lower—kind of going against the flow.

Disclaimer: This analysis is provided solely for educational purposes and does not include any recommendations. For any financial decisions, it’s advised to consult with your financial advisor.