Capital One Financial Corp. stock trades under the ticker COF & has shown recent bullishness that traders & investors should research further into for when market volatility has calmed down.
COF stock closed at $90.95/share on 5/16/2023.
Capital One Financial Corp. COF Stock’s Technical Performance Broken Down
COF Stock Price: $90.95
10 Day Moving Average: $87.64
50 Day Moving Average: $93.27
200 Day Moving Average: $99.87
RSI: 48.86
MACD: -2.042, -2.141, 0.099
Yesterday, COF stock completed a bullish MACD crossover, gapping up +2.05% on the day’s sessions.
Their RSI is slightly in the oversold end of neutral at 48.86, with their recent volumes being above average.
Yesterday’s session had a major volume spike, but closed -3.24% below the day’s open, signaling uncertainty in the near-term for COF stock’s price movements.
Investors are best off waiting to see how they behave at support levels in the next couple of weeks before entering a position, while traders can profit in that time using options strategies around the volatility.
COF has support at the $90.45, $90.31, $89.11 & $88.68/share price levels, with resistance at the $91.30, $91.41, $92.90 & $93.27/share (50 day moving average) price levels.
Capital One Financial Corp. COF Stock As A Long-Term Investment
Long-term oriented investors will like COF stock’s 5.43 P/E (ttm), as well as their 0.71 P/B (mrq).
They recently reported 18.5% Quarterly Revenue Growth Y-o-Y, with -60% Quarterly Earnings Growth Y-o-Y, which will need to be looked deeper into before making an investment.
Their balance sheet will require a more thorough review, with $48.14B of Total Cash (mrq) & $53.04B of Total Debt (mrq).
COF stock pays a 2.69% dividend, which appears to be sustainable in the long-run, as their payout ratio is 16.44%.
90.54% of COF stock’s outstanding share float is owned by institutional investors.
Capital One Financial Corp. COF Stock As A Short-Term Trade Using Options
Traders with shorter time horizons can trade options to profit from COF stock’s price movements, while protecting their portfolios from volatility.
I am looking at the contracts with the 6/16 expiration date.
The $85, $90 & $80 call options are all in-the-money, with the former being more liquid than the latter strikes.
The $100, $95 & $105 puts are also all in-the-money, listed from highest to lowest level of open interest.
Tying It All Together
Capital One Financial Corp. stock has many interesting attributes that traders & investors will find appealing.
Investors will like their valuation metrics, balance sheet & dividend yield, but may want to review the causes of their recent growth trouble before investing.
Traders will like their recent technical performance, as well as their liquid options.
All-in-all, it is worth taking a closer look into how COF stock fits into your portfolio strategy.
*** I DO NOT OWN SHARES OR OPTIONS CONTRACT POSITIONS IN COF STOCK AT THE TIME OF PUBLISHING THIS ARTICLE ***