COCA-COLA CO. - Daily - Technical analysis published on 07/16/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
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.
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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 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:
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:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
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:
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
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| 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 |
|---|---|---|---|---|---|---|---|
| Standard | 51.54 | 51.73 | 51.92 | 52.11 | 52.30 | 52.49 | 52.68 |
| Camarilla | 52.02 | 52.05 | 52.09 | 52.12 | 52.16 | 52.19 | 52.22 |
| Woodie | 51.55 | 51.73 | 51.93 | 52.11 | 52.31 | 52.49 | 52.69 |
| Fibonacci | 51.73 | 51.87 | 51.96 | 52.11 | 52.25 | 52.34 | 52.49 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 50.69 | 51.06 | 51.59 | 51.96 | 52.49 | 52.86 | 53.39 |
| Camarilla | 51.87 | 51.96 | 52.04 | 52.12 | 52.20 | 52.29 | 52.37 |
| Woodie | 50.77 | 51.10 | 51.67 | 52.00 | 52.57 | 52.90 | 53.47 |
| Fibonacci | 51.06 | 51.40 | 51.62 | 51.96 | 52.30 | 52.52 | 52.86 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 45.41 | 47.03 | 48.97 | 50.59 | 52.53 | 54.15 | 56.09 |
| Camarilla | 49.94 | 50.27 | 50.59 | 50.92 | 51.25 | 51.57 | 51.90 |
| Woodie | 45.58 | 47.11 | 49.14 | 50.67 | 52.70 | 54.23 | 56.26 |
| Fibonacci | 47.03 | 48.39 | 49.23 | 50.59 | 51.95 | 52.79 | 54.15 |
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% |
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:
- Thinking about trading options or stock in Bank of America, Blackstone, Coca-Cola, Charles Schwab, or Twitter?
- A First for B2B Payments From Masterpass and Coca-Cola Icecek
-
Coca-Cola Teams Up With Chinese Dairy Company In Olympic Partnership Deal
- American Dream Reveals Multi-Faceted Partnership With Coca-Cola
- Coca-Cola North America To Launch Digital Marketplace With Leading Foodservice Technologies Powered By Omnivore
This member declared not having a position on this financial instrument or a related financial instrument.
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