Costco’s stock falls below key moving averages despite long-term gains

Costco shares have remained under their 50-day and 200-day moving averages since late August, despite a five-year trailing total return of about 159%. The stock under-performed within its sector this year even though membership growth and digital sales continued. Price action shows reduced momentum and weaker relative strength compared to other consumer-retail peers, raising questions about near-term upside potential.