COCA-COLA CO. - 1H - Technical analysis published on 06/15/2021 (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
Short term:
Strongly bearish
Underlying:
Neutral
Technical indicators
22%
33%
44%
My opinion
Bearish under 55.71 USD
My targets
54.84 USD (-0.76%)
54.35 USD (-1.65%)
My analysis
The current short-term bearish trend is expected to quickly fix the basic bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for COCA-COLA CO. as long as the price remains well below 55.71 USD. The sellers' bearish objective is set at 54.84 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 54.35 USD. If there is any crossing, the next objective would be the support located at 53.85 USD.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
1.8
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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 55.26 USD. On the day, this instrument lost -0.52% and was traded between 55.22 USD and 55.79 USD over the period. The price is currently at +0.07% from its lowest and -0.95% from its highest.55.22
55.79
55.26
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
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 HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this COCA-COLA CO. chart shows a neutral trend. The trend could quickly turn bearish due to the strong bearish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 8 are neutral and 6 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
MACD indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 54.35 | 54.84 | 55.11 | 55.26 | 55.49 | 55.71 | 56.24 |
Change (%) | -1.65% | -0.76% | -0.27% | - | +0.42% | +0.81% | +1.77% |
Change | -0.91 | -0.42 | -0.15 | - | +0.23 | +0.45 | +0.98 |
Level | Minor | Major | Major | - | Intermediate | Minor | 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 | 54.75 | 54.98 | 55.26 | 55.49 | 55.77 | 56.00 | 56.28 |
Camarilla | 55.41 | 55.46 | 55.50 | 55.55 | 55.60 | 55.64 | 55.69 |
Woodie | 54.79 | 54.99 | 55.30 | 55.50 | 55.81 | 56.01 | 56.32 |
Fibonacci | 54.98 | 55.17 | 55.29 | 55.49 | 55.68 | 55.80 | 56.00 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 54.37 | 54.72 | 55.22 | 55.57 | 56.07 | 56.42 | 56.92 |
Camarilla | 55.50 | 55.57 | 55.65 | 55.73 | 55.81 | 55.89 | 55.96 |
Woodie | 54.46 | 54.76 | 55.31 | 55.61 | 56.16 | 56.46 | 57.01 |
Fibonacci | 54.72 | 55.04 | 55.24 | 55.57 | 55.89 | 56.09 | 56.42 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 51.54 | 52.37 | 53.62 | 54.45 | 55.70 | 56.53 | 57.78 |
Camarilla | 54.30 | 54.49 | 54.68 | 54.87 | 55.06 | 55.25 | 55.44 |
Woodie | 51.75 | 52.48 | 53.83 | 54.56 | 55.91 | 56.64 | 57.99 |
Fibonacci | 52.37 | 53.17 | 53.66 | 54.45 | 55.25 | 55.74 | 56.53 |
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): | 45.98 | |
MACD (12,26,9): | -0.0200 | |
Directional Movement: | 10.45 | |
AROON (14): | 42.85 | |
DEMA (21): | 55.38 | |
Parabolic SAR (0,02-0,02-0,2): | 55.22 | |
Elder Ray (13): | -0.02 | |
Super Trend (3,10): | 55.09 | |
Zig ZAG (10): | 55.29 | |
VORTEX (21): | 0.9400 | |
Stochastique (14,3,5): | 27.97 | |
TEMA (21): | 55.34 | |
Williams %R (14): | -88.14 | |
Chande Momentum Oscillator (20): | -0.21 | |
Repulse (5,40,3): | -0.7000 | |
ROCnROLL: | 2 | |
TRIX (15,9): | 0.0000 | |
Courbe Coppock: | 0.38 |
MA7: | 55.42 | |
MA20: | 54.91 | |
MA50: | 54.10 | |
MA100: | 51.96 | |
MAexp7: | 55.36 | |
MAexp20: | 55.37 | |
MAexp50: | 55.33 | |
MAexp100: | 55.12 | |
Price / MA7: | -0.29% | |
Price / MA20: | +0.64% | |
Price / MA50: | +2.14% | |
Price / MA100: | +6.35% | |
Price / MAexp7: | -0.18% | |
Price / MAexp20: | -0.20% | |
Price / MAexp50: | -0.13% | |
Price / MAexp100: | +0.25% |
Quotes :
-
15 min delayed data
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NYSE Stocks
News
The latest news and videos published on COCA-COLA CO. at the time of the analysis were as follows:
- NC county bans Coca-Cola vending machines over left-wing politics
- Coca-Cola Beverages Africa collaborates with Flintfox and Microsoft to streamline pricing, promotions, and rebate management
- Coca-Cola Beverages Africa collaborates with Flintfox and Microsoft to streamline pricing, promotions, and rebate management
- Thinking about buying stock in US Well Services, United Microelectronics, Coca-Cola Europacific, Artius, or Up Fintech?
- Why Coca-Cola Dominates The Beverage Market
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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