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Costco Wholesale stock closes at $1066.14, but short-term MACD stays mixed

The Cryptonomist
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Costco Wholesale stock closed on Tuesday, November 10, 2026 at $1066.14 after trading between $1057.38 and $1068.67. The close holds above all three daily exponential averages in a bullish structure. However, hourly and 15-minute MACD readings sit below their signal lines, leaving short-term momentum mixed relative to the broader positive bias. The session opened at $1063.91, traded between a low of $1057.38 and a high of $1068.67, and closed at $1066.14, against a previous close of $1066.18.

COST — daily chart with candlesticks, EMA20/EMA50 and volume.

Key takeaways

Daily structure is bullish: close at $1066.14 stands above the 20-session EMA at $1016.83, the 50-session EMA at $981.22, and the 200-session EMA at $962.85.

Daily RSI14 is 69.56 , below the overbought threshold of 70; daily MACD line is 29.46, above its signal at 25.05, with a positive histogram of 4.41 .

Hourly RSI14 is 59.18; hourly MACD line is 4.78, below its signal at 4.99, with a negative histogram of -0.2 .

Next-session daily pivot sits at $1064.06 , with first resistance at $1070.75 and first support at $1059.46 ; daily ATR14 reads 19.66 .

Costco Wholesale Stock Retains a Bullish Daily Bias

The daily exponential averages remain bullishly aligned beneath the closing price. The 20-session EMA stands at $1016.83, above the 50-session EMA at $981.22 and the 200-session EMA at $962.85. This ordering supports the main bullish thesis, although it does not resolve the shorter-term momentum conflict.

Daily RSI14 stands at 69.56, below the overbought threshold of 70. The daily MACD line is 29.46, above its signal at 25.05, with a positive histogram of 4.41. Both readings favor the bullish daily case, with RSI near the overbought boundary.

The close sits between the daily Bollinger mid-band at $1015.26 and the upper band at $1074.11. The upper band is therefore an overhead reference, not a level already cleared. Daily ATR14 declined to 19.66 from 20.31, indicating a smaller measured trading range than the preceding reading.

Hourly Confirmation Is Incomplete

The hourly chart offers qualified support rather than a fully consistent bullish signal. Price sits above the 20-hour EMA at $1060.98, the 50-hour EMA at $1048.34, and the 200-hour EMA at $995.66. These averages are also bullishly aligned.

Hourly RSI14 rose to 59.18 from 57.94 and stands above neutral. In contrast, the hourly MACD line at 4.78 is below its signal at 4.99, with a negative histogram of -0.2. Meanwhile, price is above the hourly Bollinger mid-band at $1060.14 but below the upper band at $1071.39. Thus, hourly price structure supports the daily bias, while MACD limits confidence in immediate upside confirmation.

Short-Term Timing and Next-Session Levels

On the 15-minute chart, the close sits above the 20-period EMA at $1065.79 but below the Bollinger mid-band at $1066.49. RSI14 is 53.47, above neutral. However, the MACD line at 1.26 is below its signal at 1.72, with a histogram of -0.46. These readings matter for timing rather than the main daily thesis.

When trading resumes, the daily pivot sits at $1064.06, with first resistance at $1070.75 and first support at $1059.46. The hourly pivot for the next session is $1065.96, with first resistance at $1067.43 and first support at $1064.67. The corresponding 15-minute pivot is $1066.07, with first resistance at $1067.32 and first support at $1064.89. Each set comes from its own last completed candle.

Dividend News in the Post-Close Context

Separately, a press release published after Tuesday’s close said Costco’s board declared a special cash dividend of $30 per share , payable December 4, 2026. The release also reported reauthorization of the stock repurchase program. These reports are relevant to the next session.

Bullish and Bearish Scenarios

The bullish scenario requires price to hold the next-session daily pivot at $1064.06 and clear daily first resistance at $1070.75. Above that resistance, the daily Bollinger upper band at $1074.11 becomes the next reference. An hourly MACD line above its signal would provide stronger confirmation than the current reading.

Conversely, a break below the daily pivot at $1064.06 would undermine the immediate setup. The hourly 20-period EMA at $1060.98 comes next, followed by daily first support at $1059.46. Losing those references would weaken the short-term bullish case. A break below the daily 20-session EMA at $1016.83 would challenge the broader daily structure more directly.

Overall, Costco Wholesale stock stands above its next-session daily pivot but below daily first resistance. The unresolved issue is whether bullish daily structure gains confirmation from short-term MACD. This question becomes particularly relevant as trading incorporates the post-close dividend reports.

FAQ

What is the daily technical structure for Costco Wholesale stock?

The daily structure is bullish. Price closed at $1066.14, above the 20-session EMA at $1016.83, the 50-session EMA at $981.22, and the 200-session EMA at $962.85. Daily RSI14 is 69.56, and the daily MACD line at 29.46 is above its signal at 25.05.

What do the shorter-term momentum readings show?

The shorter-term momentum is mixed. Hourly RSI14 is 59.18, above neutral. However, the hourly MACD line at 4.78 sits below its signal at 4.99, with a negative histogram of -0.2. The 15-minute MACD similarly shows the MACD line at 1.26 below its signal at 1.72.

What are the key levels for the next trading session?

The daily pivot is $1064.06, with first resistance at $1070.75 and first support at $1059.46. The daily Bollinger upper band sits at $1074.11, while the 20-session EMA at $1016.83 provides a deeper structural reference. Daily ATR14 reads 19.66.

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Disclaimer: This article is for informational purposes only and does not constitute financial advice, an investment recommendation, or a solicitation to buy or sell any financial instrument. The analysis provided is not indicative of future results. Investing in financial markets carries a high risk of capital loss. Always do your own research (DYOR) and consult a qualified financial advisor before making any decision.

Cryptonomist and the author hold no positions in the financial instruments mentioned and receive no compensation from the companies covered.

Read also: Nebius Group stock closes at $134, 5.27% lower, below all three daily EMAs

Article produced with the assistance of artificial intelligence and reviewed by the editorial team.

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