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Is COHU ready to move lower? Fell Below 50 Day Moving Average shows up after plummeting 13.17%

Cohu, Inc. (COHU) — Nightly Technical Analysis · Jul 7, 2026, 17:47 ET
COHU closed down 13.17% on Tuesday, July 7th, with volume running 0.4× below average. Multiple bearish signals emerged — Fell Below 50 DMA, New Downtrend, Stochastic Reached Oversold & Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 49.53, 48.09 & 45.23, with resistance at 53.83, 56.69 & 58.13. Slow Stochastic readings suggest the stock is currently oversold.

Current SwingTradeBot Technical Rating of COHU: B

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Cohu, Inc. (COHU)