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CPNG

weekly
Daily Weekly Monthly
FALLING KNIFE
Support
$15.5
Resistance
$20.8
CPNG Coupang Inc. weekly candlestick chart with 50-day and 200-day moving averages, EMA crossovers, and RSI momentum indicator — falling knife as of May 22, 2026
CPNG Weekly chart 2026-05-22 20:37:38 UTC
AI-generated analysis — not financial advice. For educational purposes only.

CPNG Weekly Technical Analysis Summary

As of May 22, 2026, CPNG (Coupang Inc.) is in a falling knife state on the weekly chart, with a confidence level of 74%. Key support is at $15.5 and key resistance at $20.8. Weekly price at ~$16.12 sold off hard from the ~$33 area, broke below EMA50/EMA100 and SMA200, and printed another sharp bearish leg with RSI ~32 (near oversold).

Price Scenarios & Targets

bearish

Bearish continuation: a weak bounce into overhead MAs is sold, then price revisits/undercuts the recent lows (capitulation-style wick possible) before attempting a base.

Price Target
$13.5
Path to target
First move
$15.0
Pullback
$17.8
Final target
$13.5

bullish

Mean-reversion / bottoming attempt: price holds the $15-$16 area, then reclaims the ~$20.8 SMA200 and pushes into the EMA50/EMA100 supply band; trend still down unless it converts that zone into support.

Price Target
$23.2
Path to target
First move
$20.8
Pullback
$19.6
Final target
$23.2

Key Triggers

Confirmation & Invalidation

✓ Confirmation

Weekly close below $15.50 (continuation break under the recent pivot/psych level).

✗ Invalidation

Two consecutive weekly closes back above $20.80 (reclaim SMA200 area) while holding above it.

Position Entry & Exit Levels

⊕ Add

Start $15.3 – $16.3
Add $13.8 – $15.2
Heavy $12.2 – $13.7

Buy zones are staged around the current breakdown area ($15-$16), then the next likely liquidity sweep toward prior weekly demand (~$14), then deeper fib/structural support near ~$12-$13 if the knife continues.

⊖ Derisk

Trim 1 $23.0 – $25.0
Trim 2 $28.0 – $31.0
Close $32.0 – $35.0

Trim into first major overhead supply (EMA50/EMA100 + former support), then into the prior distribution zone, and fully exit near the previous peak region where wave-C/5 style rallies often terminate.

Frequently Asked Questions

What is the weekly technical outlook for CPNG today?

As of May 22, 2026, CPNG (Coupang Inc.) is in a falling knife state on the weekly chart with 74% confidence. Weekly price at ~$16.12 sold off hard from the ~$33 area, broke below EMA50/EMA100 and SMA200, and printed another sharp bearish leg with RSI ~32 (near oversold).

What are the weekly support and resistance levels for CPNG?

On the weekly timeframe, CPNG has key support at $15.5 and key resistance at $20.8. The most likely scenario (bearish) targets $15.0 and $13.5, with a revert level at $17.8.

Is CPNG in an uptrend or downtrend?

CPNG (Coupang Inc.) is currently classified as falling knife on the weekly chart, with 74% confidence. Confirmation requires: Weekly close below $15.50 (continuation break under the recent pivot/psych level). This would be invalidated by: Two consecutive weekly closes back above $20.80 (reclaim SMA200 area) while holding above it.

What are the price targets for CPNG?

The most likely scenario (bearish) targets $15.0 and $13.5, with a revert level at $17.8. The alternative scenario (bullish) targets $20.8 and $23.2.

Other Timeframes for CPNG
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