COCA-COLA CO. - 1H - Technical analysis published on 06/23/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Bearish
Technical indicators
44%
28%
28%
My opinion
Bearish under 47.42 USD
My targets
45.36 USD (-1.58%)
44.68 USD (-3.06%)
My analysis
There is a bearish trend on COCA-COLA CO. both at the basic level and in the short term. A sale could be considered, so long as the price remains below 47.42 USD. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 45.36 USD. Then the price could move towards 44.68 USD. Then 43.21 USD by extension. Be careful, a return to above the resistance 47.42 USD would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
4.3
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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. rating is 46.09 USD. On the day, this instrument gained +0.77% and was traded between 45.84 USD and 46.29 USD over the period. The price is currently at +0.55% from its lowest and -0.43% from its highest.45.84
46.29
46.09
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of COCA-COLA CO. in 1H shows an overall bearish trend. The signals given by moving averages are at 78.57% bearish. This bearish trend shows slight signs of slowing down given the slightly bearish signals of short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of channel
Type : Bullish
Timeframe : 1 hour
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 43.21 | 44.68 | 45.36 | 46.09 | 46.15 | 47.42 | 48.53 |
| Change (%) | -6.25% | -3.06% | -1.58% | - | +0.13% | +2.89% | +5.29% |
| Change | -2.88 | -1.41 | -0.73 | - | +0.06 | +1.33 | +2.44 |
| Level | Intermediate | Major | Minor | - | Intermediate | Intermediate | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 44.59 | 44.99 | 45.36 | 45.76 | 46.13 | 46.53 | 46.90 |
| Camarilla | 45.53 | 45.60 | 45.67 | 45.74 | 45.81 | 45.88 | 45.95 |
| Woodie | 44.59 | 44.98 | 45.36 | 45.75 | 46.13 | 46.52 | 46.90 |
| Fibonacci | 44.99 | 45.28 | 45.46 | 45.76 | 46.05 | 46.23 | 46.53 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 41.08 | 42.77 | 44.40 | 46.09 | 47.72 | 49.41 | 51.04 |
| Camarilla | 45.11 | 45.41 | 45.72 | 46.02 | 46.32 | 46.63 | 46.93 |
| Woodie | 41.04 | 42.76 | 44.36 | 46.08 | 47.68 | 49.40 | 51.00 |
| Fibonacci | 42.77 | 44.04 | 44.83 | 46.09 | 47.36 | 48.15 | 49.41 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 39.48 | 41.15 | 43.70 | 45.37 | 47.93 | 49.59 | 52.15 |
| Camarilla | 45.10 | 45.49 | 45.87 | 46.26 | 46.65 | 47.03 | 47.42 |
| Woodie | 39.93 | 41.37 | 44.15 | 45.59 | 48.37 | 49.81 | 52.59 |
| Fibonacci | 41.15 | 42.76 | 43.76 | 45.37 | 46.98 | 47.98 | 49.59 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 47.79 | |
| MACD (12,26,9): | -0.2000 | |
| Directional Movement: | -0.96 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 45.88 | |
| Parabolic SAR (0,02-0,02-0,2): | 46.36 | |
| Elder Ray (13): | 0.14 | |
| Super Trend (3,10): | 46.54 | |
| Zig ZAG (10): | 46.14 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 35.98 | |
| TEMA (21): | 45.79 | |
| Williams %R (14): | -58.66 | |
| Chande Momentum Oscillator (20): | -0.07 | |
| Repulse (5,40,3): | 0.0600 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0600 | |
| Courbe Coppock: | 4.31 |
| MA7: | 46.35 | |
| MA20: | 46.86 | |
| MA50: | 45.92 | |
| MA100: | 48.46 | |
| MAexp7: | 45.94 | |
| MAexp20: | 46.13 | |
| MAexp50: | 46.41 | |
| MAexp100: | 46.54 | |
| Price / MA7: | -0.56% | |
| Price / MA20: | -1.64% | |
| Price / MA50: | +0.37% | |
| Price / MA100: | -4.89% | |
| Price / MAexp7: | +0.30% | |
| Price / MAexp20: | -0.11% | |
| Price / MAexp50: | -0.71% | |
| Price / MAexp100: | -0.99% |
Quotes :
2020-06-23 15:42:50
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15 min delayed data
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NYSE Stocks
News
The last news published on COCA-COLA CO. at the time of the generation of this analysis was as follows:
- Thinking about trading options or stock in Boeing, Chipotle Mexican Grill, IBM, Coca-Cola, or AT&T?
- 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
This member declared not having a position on this financial instrument or a related financial instrument.
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