COCA-COLA CO. - 1H - Technical analysis published on 07/26/2021 (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
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
28%
22%
50%
My opinion
Bullish above 56.23 USD
My targets
57.56 USD (+1.07%)
60.13 USD (+5.58%)
My analysis
The bullish trend is currently very strong on COCA-COLA CO.. As long as the price remains above the support at 56.23 USD, you could try to benefit from the boom. The first bullish objective is located at 57.56 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 60.13 USD as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
6.3
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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 56.95 USD. On the day, this instrument lost -0.11% and was between 56.56 USD and 56.97 USD. This implies that the price is at +0.69% from its lowest and at -0.04% from its highest.56.56
56.97
56.95
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of COCA-COLA CO. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 9 are neutral and 4 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 54.84 | 56.23 | 56.68 | 56.95 | 57.56 | 60.13 |
| Change (%) | -3.71% | -1.26% | -0.47% | - | +1.07% | +5.58% |
| Change | -2.11 | -0.72 | -0.27 | - | +0.61 | +3.18 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | 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 | 55.65 | 56.05 | 56.53 | 56.93 | 57.41 | 57.81 | 58.29 |
| Camarilla | 56.77 | 56.85 | 56.93 | 57.01 | 57.09 | 57.17 | 57.25 |
| Woodie | 55.69 | 56.07 | 56.57 | 56.95 | 57.45 | 57.83 | 58.33 |
| Fibonacci | 56.05 | 56.39 | 56.59 | 56.93 | 57.27 | 57.47 | 57.81 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 53.19 | 54.18 | 55.59 | 56.58 | 57.99 | 58.98 | 60.39 |
| Camarilla | 56.35 | 56.57 | 56.79 | 57.01 | 57.23 | 57.45 | 57.67 |
| Woodie | 53.41 | 54.29 | 55.81 | 56.69 | 58.21 | 59.09 | 60.61 |
| Fibonacci | 54.18 | 55.09 | 55.66 | 56.58 | 57.49 | 58.06 | 58.98 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 50.87 | 52.30 | 53.20 | 54.63 | 55.53 | 56.96 | 57.86 |
| Camarilla | 53.47 | 53.68 | 53.90 | 54.11 | 54.32 | 54.54 | 54.75 |
| Woodie | 50.62 | 52.17 | 52.95 | 54.50 | 55.28 | 56.83 | 57.61 |
| Fibonacci | 52.30 | 53.19 | 53.74 | 54.63 | 55.52 | 56.07 | 56.96 |
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): | 56.52 | |
| MACD (12,26,9): | 0.1900 | |
| Directional Movement: | 2.79 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 57.01 | |
| Parabolic SAR (0,02-0,02-0,2): | 56.17 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 56.47 | |
| Zig ZAG (10): | 56.93 | |
| VORTEX (21): | 1.0300 | |
| Stochastique (14,3,5): | 47.31 | |
| TEMA (21): | 56.98 | |
| Williams %R (14): | -53.12 | |
| Chande Momentum Oscillator (20): | 0.28 | |
| Repulse (5,40,3): | -0.0500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 1.46 |
| MA7: | 56.41 | |
| MA20: | 55.21 | |
| MA50: | 54.93 | |
| MA100: | 53.68 | |
| MAexp7: | 56.88 | |
| MAexp20: | 56.74 | |
| MAexp50: | 56.33 | |
| MAexp100: | 55.80 | |
| Price / MA7: | +0.96% | |
| Price / MA20: | +3.15% | |
| Price / MA50: | +3.68% | |
| Price / MA100: | +6.09% | |
| Price / MAexp7: | +0.12% | |
| Price / MAexp20: | +0.37% | |
| Price / MAexp50: | +1.10% | |
| Price / MAexp100: | +2.06% |
Quotes :
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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:
- Thinking about trading options or stock in Coca-Cola, Chipotle Mexican Grill, Pfizer, AT&T, or Moderna?
-
Coca-Cola blows 'woke smoke' to cover up business practices: Vivek Ramaswamy
- Enjoy Coca-Cola July 4th Fest at Six Flags Parks July 2–4
-
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
This member declared not having a position on this financial instrument or a related financial instrument.
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