COCA-COLA CO.
COCA-COLA CO.
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: KO
ISIN:

COCA-COLA CO. - Daily - Technical analysis published on 07/16/2019 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
56%
6%
39%
My opinion
Bullish above 51.60 USD
My targets
52.53 USD (+0.77%)
54.15 USD (+3.87%)
My analysis
COCA-COLA CO. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 51.60 USD. The next resistance located at 52.53 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 54.15 USD. After this resistance, buyers could then target 56.09 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

COCA-COLA CO. rating 52.13 USD. The price has increased by +0.02% since the last closing and was between 51.87 USD and 52.29 USD. This implies that the price is at +0.50% from its lowest and at -0.31% from its highest.

51.87
52.29
52.13

A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

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 Daily of this COCA-COLA CO. chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 49.80 50.51 51.60 52.13
Change (%) -4.47% -3.11% -1.02% -
Change -2.33 -1.62 -0.53 -
Level Minor Major Major -



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard51.5451.7351.9252.1152.3052.4952.68
Camarilla52.0252.0552.0952.1252.1652.1952.22
Woodie51.5551.7351.9352.1152.3152.4952.69
Fibonacci51.7351.8751.9652.1152.2552.3452.49


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard50.6951.0651.5951.9652.4952.8653.39
Camarilla51.8751.9652.0452.1252.2052.2952.37
Woodie50.7751.1051.6752.0052.5752.9053.47
Fibonacci51.0651.4051.6251.9652.3052.5252.86


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard45.4147.0348.9750.5952.5354.1556.09
Camarilla49.9450.2750.5950.9251.2551.5751.90
Woodie45.5847.1149.1450.6752.7054.2356.26
Fibonacci47.0348.3949.2350.5951.9552.7954.15

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): 63.22
MACD (12,26,9): 0.5300
Directional Movement: 3.51
AROON (14): 35.72
DEMA (21): 52.29
Parabolic SAR (0,02-0,02-0,2): 51.13
Elder Ray (13): 0.29
Super Trend (3,10): 50.46
Zig ZAG (10): 52.13
VORTEX (21): 1.0400
Stochastique (14,3,5): 87.11
TEMA (21): 52.18
Williams %R (14): -11.05
Chande Momentum Oscillator (20): 1.01
Repulse (5,40,3): 0.0900
ROCnROLL: 1
TRIX (15,9): 0.1700
Courbe Coppock: 2.44
MA7: 51.97
MA20: 51.61
MA50: 50.16
MA100: 48.06
MAexp7: 51.97
MAexp20: 51.54
MAexp50: 50.34
MAexp100: 49.03
Price / MA7: +0.31%
Price / MA20: +1.01%
Price / MA50: +3.93%
Price / MA100: +8.47%
Price / MAexp7: +0.31%
Price / MAexp20: +1.14%
Price / MAexp50: +3.56%
Price / MAexp100: +6.32%

This member declared not having a position on this financial instrument or a related financial instrument.

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