COIN
Coinbase Global Inc. Financial Services - Cryptocurrency Investor Relations →
Coinbase Global Inc. (COIN) closed at $197.50 as of 2026-03-20, trading 15.2% above its 200-week moving average of $171.43. The stock moved further from the line this week, up from 14.5% last week. With a 14-week RSI of 26, COIN is in oversold territory.
Trading volume is running at 1.3x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.18 ratio) is neutral — neither side is clearly dominating.
Over the past 209 weeks of data, COIN has crossed below its 200-week moving average 4 times. On average, these episodes lasted 24 weeks. Historically, investors who bought COIN at the start of these episodes saw an average one-year return of +45.7%.
With a market cap of $53.3 billion, COIN is a large-cap stock. The company generates a free cash flow yield of 2.4%. Return on equity stands at 10.1%. The stock trades at 3.6x book value.
Share count has increased 16.0% over three years, indicating dilution.
Over the past 4.1 years, a hypothetical investment of $100 in COIN would have grown to $106, compared to $152 for the S&P 500. COIN has returned 1.4% annualized vs 10.8% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: COIN vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After COIN Crosses Below the Line?
Across 3 historical episodes, buying COIN when it crossed below its 200-week moving average produced an average return of +61.0% after 12 months (median +122.0%), compared to +12.0% for the S&P 500 over the same periods. 67% of those episodes were profitable after one year. After 24 months, the average return was +46.5% vs +33.0% for the index.
Each line shows $100 invested at the moment COIN crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
COIN has crossed below its 200-week MA 4 times with an average 1-year return of +45.7% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Mar 2022 | Dec 2023 | 89 | 80.2% | -63.7% | +5.8% |
| Jan 2024 | Feb 2024 | 4 | 8.5% | +97.9% | +51.0% |
| Sep 2024 | Sep 2024 | 1 | 2.1% | +103.0% | +34.0% |
| Feb 2026 | Feb 2026 | 2 | 2.9% | N/A | +19.6% |
| Average | 24 | — | +45.7% | — |
Frequently Asked Questions
Is COIN below its 200-week moving average?
No. Coinbase Global Inc. (COIN) is currently 15.2% above its 200-week moving average of $171.43. It would need to fall to $171.43 to cross below the line.
What is COIN's 200-week moving average price?
Coinbase Global Inc.'s 200-week moving average is $171.43 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when COIN drops below its 200-week moving average?
COIN has crossed below its 200-week moving average 4 times in our data. On average, buying at that moment produced a one-year return of +45.7%. These dips have historically been decent entry points. These episodes lasted 24 weeks on average.
Is COIN a good value right now?
Here's what our data says about COIN as of 2026-03-20: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 26 (oversold). Free cash flow yield is 2.4%. Return on equity is 10.1%. Price-to-book is 3.6x. This is not a buy or sell recommendation — always do your own research.
How does COIN compare to the S&P 500?
Over the past 4.1 years, $100 invested in COIN would have grown to $106, compared to $152 for the S&P 500. That's 1.4% annualized vs 10.8% for the index. COIN has underperformed the broader market over this period.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20