COCA-COLA CO. - 15 min. - Technical analysis published on 09/10/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 56.03 USD
My targets
55.41 USD (-0.51%)
55.01 USD (-1.22%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on COCA-COLA CO. as long as the price remains well below 56.03 USD. The sellers' bearish objective is set at 55.41 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 55.01 USD. In case of crossing, the next objective would be the support located at 54.84 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.4
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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
COCA-COLA CO. rating 55.69 USD. On the day, this instrument lost -0.30% and was traded between 55.51 USD and 56.13 USD over the period. The price is currently at +0.32% from its lowest and -0.78% from its highest.55.51
56.13
55.69
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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 15 min. of this COCA-COLA CO. chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 6 are neutral and 7 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Resistance of channel is broken
Type : Bullish
Timeframe : 15 minutes
Horizontal support is broken
Type : Bearish
Timeframe : 15 minutes
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 53.82 | 54.84 | 55.51 | 55.69 | 55.73 | 56.01 | 56.23 |
| Change (%) | -3.36% | -1.53% | -0.32% | - | +0.07% | +0.57% | +0.97% |
| Change | -1.87 | -0.85 | -0.18 | - | +0.04 | +0.32 | +0.54 |
| Level | Major | Intermediate | Major | - | Minor | Minor | Minor |
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 | 55.01 | 55.41 | 55.63 | 56.03 | 56.25 | 56.65 | 56.87 |
| Camarilla | 55.69 | 55.75 | 55.80 | 55.86 | 55.92 | 55.97 | 56.03 |
| Woodie | 54.93 | 55.37 | 55.55 | 55.99 | 56.17 | 56.61 | 56.79 |
| Fibonacci | 55.41 | 55.64 | 55.79 | 56.03 | 56.26 | 56.41 | 56.65 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 54.51 | 55.08 | 55.90 | 56.47 | 57.29 | 57.86 | 58.68 |
| Camarilla | 56.35 | 56.48 | 56.60 | 56.73 | 56.86 | 56.99 | 57.11 |
| Woodie | 54.65 | 55.14 | 56.04 | 56.53 | 57.43 | 57.92 | 58.82 |
| Fibonacci | 55.08 | 55.61 | 55.94 | 56.47 | 57.00 | 57.33 | 57.86 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 53.21 | 54.33 | 55.32 | 56.44 | 57.43 | 58.55 | 59.54 |
| Camarilla | 55.73 | 55.92 | 56.12 | 56.31 | 56.50 | 56.70 | 56.89 |
| Woodie | 53.15 | 54.30 | 55.26 | 56.41 | 57.37 | 58.52 | 59.48 |
| Fibonacci | 54.33 | 55.14 | 55.63 | 56.44 | 57.25 | 57.74 | 58.55 |
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): | 41.29 | |
| MACD (12,26,9): | -0.1000 | |
| Directional Movement: | 1.44 | |
| AROON (14): | -35.72 | |
| DEMA (21): | 55.65 | |
| Parabolic SAR (0,02-0,02-0,2): | 55.85 | |
| Elder Ray (13): | -0.03 | |
| Super Trend (3,10): | 55.93 | |
| Zig ZAG (10): | 55.70 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 31.98 | |
| TEMA (21): | 55.62 | |
| Williams %R (14): | -72.36 | |
| Chande Momentum Oscillator (20): | -0.22 | |
| Repulse (5,40,3): | -0.0800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 0.76 |
| MA7: | 56.27 | |
| MA20: | 56.40 | |
| MA50: | 56.17 | |
| MA100: | 55.28 | |
| MAexp7: | 55.71 | |
| MAexp20: | 55.78 | |
| MAexp50: | 55.93 | |
| MAexp100: | 56.04 | |
| Price / MA7: | -1.03% | |
| Price / MA20: | -1.26% | |
| Price / MA50: | -0.85% | |
| Price / MA100: | +0.74% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.16% | |
| Price / MAexp50: | -0.43% | |
| Price / MAexp100: | -0.62% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
Don't forget to follow the news on COCA-COLA CO.. At the time of publication of this analysis, the latest news was as follows:
- Timex x Coca-Cola Make Time for Unity with Release of Limited-Edition Capsule Collection
- Timex x Coca-Cola Make Time for Unity with Release of Limited-Edition Capsule Collection
- Coca-Cola, Fine Hygienic Holding, BIC to Lead Cross-Industry Best Practices Sharing on Leadership, Diversity & Inclusion at Break the Ceiling Touch the Sky(R)
- Coca-Cola, Fine Hygienic Holding, BIC to Lead Cross-Industry Best Practices Sharing on Leadership, Diversity & Inclusion at Break the Ceiling Touch the Sky(R)
- Coca-Cola® Encourages Recycling by Offering Free Rides through Lime Partnership
This member declared not having a position on this financial instrument or a related financial instrument.
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