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Is COE gaining bearish strength? Slingshot Bearish shows up after advancing 1.3%

China Online Education Group (COE) — Nightly Technical Analysis · Jun 18, 2026, 19:53 ET
COE posted a 1.3% gain on Thursday, June 18th, accompanied by 2.1× normal trading volume. The unusually high volume suggests institutional participation in today's move. Multiple bearish signals emerged — Lower Bollinger Band Walk and Slingshot Bearish — suggesting potential weakness ahead. Key support levels exist at 14.83, 14.03 & 12.45, with resistance at 17.21, 18.79 & 19.59. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.

Current SwingTradeBot Technical Rating of COE: F

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