COCA-COLA CO. - 1H - Technical analysis published on 04/21/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Slightly bearish
Technical indicators
22%
67%
11%
My opinion
Bearish under 46.78 USD
My targets
44.80 USD (-2.90%)
41.52 USD (-10.01%)
My analysis
The basic trend is currently slightly bearish on COCA-COLA CO. and the short term does not seem to show any sign of improvement. Sellers are struggling to get their hands on this instrument. However, as long as the price remains below 46.78 USD, sales could be favoured. The first bearish objective would be located at 44.80 USD. Sellers would then use the next support located at 41.52 USD as an objective. Crossing it would then enable sellers to target 37.56 USD. A return to above the resistance at 46.78 USD could jeopardize this fragile bearish trend. Indecision would then be total and in this case you could keep away.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
FORCE
0
10
4.5
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The COCA-COLA CO. price is 46.14 USD. The price is lower by -0.84% since the last closing with the lowest point at 44.26 USD and the highest point at 46.90 USD. The deviation from the price is +4.25% for the low point and -1.62% for the high point.44.26
46.90
46.14
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of COCA-COLA CO. in 1H shows an overall slightly bearish trend. 60.71% of the signals given by moving averages are bearish. The overall trend remains fragile, reflecting the slightly bearish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 37.56 | 41.52 | 44.80 | 46.14 | 46.78 | 48.53 | 51.71 |
| Change (%) | -18.60% | -10.01% | -2.90% | - | +1.39% | +5.18% | +12.07% |
| Change | -8.58 | -4.62 | -1.34 | - | +0.64 | +2.39 | +5.57 |
| Level | Major | Major | Major | - | Intermediate | Major | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 44.20 | 45.26 | 45.89 | 46.95 | 47.58 | 48.64 | 49.27 |
| Camarilla | 46.07 | 46.22 | 46.38 | 46.53 | 46.69 | 46.84 | 47.00 |
| Woodie | 44.00 | 45.15 | 45.69 | 46.84 | 47.38 | 48.53 | 49.07 |
| Fibonacci | 45.26 | 45.90 | 46.30 | 46.95 | 47.59 | 47.99 | 48.64 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 43.87 | 45.19 | 46.62 | 47.94 | 49.37 | 50.69 | 52.12 |
| Camarilla | 47.30 | 47.56 | 47.81 | 48.06 | 48.31 | 48.56 | 48.82 |
| Woodie | 43.94 | 45.22 | 46.69 | 47.97 | 49.44 | 50.72 | 52.19 |
| Fibonacci | 45.19 | 46.24 | 46.89 | 47.94 | 48.99 | 49.64 | 50.69 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.97 | 24.12 | 34.18 | 46.34 | 56.40 | 68.55 | 78.62 |
| Camarilla | 38.14 | 40.18 | 42.21 | 44.25 | 46.29 | 48.32 | 50.36 |
| Woodie | 10.92 | 23.60 | 33.14 | 45.81 | 55.36 | 68.03 | 77.58 |
| Fibonacci | 24.12 | 32.61 | 37.85 | 46.34 | 54.82 | 60.07 | 68.55 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 38.73 | |
| MACD (12,26,9): | -0.2500 | |
| Directional Movement: | -28.34 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 46.96 | |
| Parabolic SAR (0,02-0,02-0,2): | 47.95 | |
| Elder Ray (13): | -0.62 | |
| Super Trend (3,10): | 47.39 | |
| Zig ZAG (10): | 46.32 | |
| VORTEX (21): | 0.8700 | |
| Stochastique (14,3,5): | 53.10 | |
| TEMA (21): | 46.67 | |
| Williams %R (14): | -48.67 | |
| Chande Momentum Oscillator (20): | -1.63 | |
| Repulse (5,40,3): | 0.0100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 2.86 |
| MA7: | 47.33 | |
| MA20: | 45.45 | |
| MA50: | 50.18 | |
| MA100: | 52.68 | |
| MAexp7: | 46.75 | |
| MAexp20: | 47.27 | |
| MAexp50: | 47.27 | |
| MAexp100: | 46.75 | |
| Price / MA7: | -2.51% | |
| Price / MA20: | +1.52% | |
| Price / MA50: | -8.05% | |
| Price / MA100: | -12.41% | |
| Price / MAexp7: | -1.28% | |
| Price / MAexp20: | -2.37% | |
| Price / MAexp50: | -2.37% | |
| Price / MAexp100: | -1.28% |
News
The latest news and videos published on COCA-COLA CO. at the time of the analysis were as follows:
- Thinking about trading options or stock in Costco, Gilead Sciences, Coca-Cola, Netflix, or Zoom Video Communications?
- Thinking about trading options or stock in Forty Seven, Intel Corp, Coca-Cola, Shopify, or UnitedHealth Group?
- Coca-Cola FEMSA Announces Initial Tender Results, Consent Solicitation Termination And Initial Settlement For Its Previously Announced Tender Offer And Consent Solicitation
- Coca-Cola FEMSA Announces Consideration For Its Previously Announced Tender Offer and Consent Solicitation
- Benioff Ocean Initiative and The Coca-Cola Foundation Announce $11 Million in Funding to Clean Up Rivers and Stem Flow of Waste to Oceans
This member declared not having a position on this financial instrument or a related financial instrument.
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