Coupang Stock Rises 2.99% on 42.3% Volume Spike Ranks 330th in Market Activity

Coupang (CPNG) surged 2.99% on August 18, 2025, closing at $28.98 amid a 42.3% surge in trading volume to $282.12 million, ranking 330th in market activity. The stock oscillated 3.06% between $28.15 and $29.01, reflecting heightened short-term volatility. Technical indicators suggest a mixed outlook, with a bullish short-term moving average buy signal offset by a bearish long-term average sell signal. The stock faces immediate resistance at $29.72 and support at $28.22, with a projected fair opening price of $28.71 for the next trading day.

Analyst sentiment remains divided, as Coupang received a "Moderate Buy" consensus rating based on five buy and two hold recommendations. However, recent institutional activity highlights caution, with Svf Investments (UK) Ltd selling $282.5 million worth of shares—a 3.13% reduction in ownership. Meanwhile, Nomura upgraded the stock to "buy" with a $35 target, contrasting with a "hold" rating from Deutsche Bank. The stock’s elevated P/E ratio of 156.33 and P/B ratio of 12.34 underscore valuation concerns, though earnings growth forecasts of 182.35% for the year offer some optimism.

Short interest in Coupang has declined by 8.22% recently, signaling improving investor sentiment. However, insiders sold $295.5 million of shares in the past 90 days, including a major 10-million-share transaction by Svf Investments. The stock’s volatility, with a 2.11% average daily swing over the past week, suggests continued risk for traders. While some technical indicators, such as rising volume during gains, support a near-term upward bias, the long-term MACD remains bearish, warning of potential sell-offs if key support levels fail.

The strategy of buying the top 500 stocks by daily trading volume and holding them for one day from 2022 to 2025 delivered a 6.98% annualized return with a 15.59% maximum drawdown. The approach showed steady growth overall but experienced a significant mid-2023 downturn, emphasizing the need for risk management in high-volume trading strategies.