COCA-COLA CONSOLIDATED INC. - Daily - Technical analysis published on 07/26/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Slightly bearish
Technical indicators
28%
44%
28%
My opinion
Bearish under 291.97 USD
My targets
244.04 USD (-16.38%)
217.46 USD (-25.49%)
My analysis
The short-term decline is currently reinforcing the basic trend, which is only slightly bearish. It would be possible for traders to only trade short positions (for sale) on COCA-COLA CONSOLIDATED INC. as long as the price remains well below 291.97 USD. The next bearish objective for sellers is set at 244.04 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 217.46 USD. In case of crossing, the next objective would be the support located at 191.02 USD.
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This analysis was given by Bastien Huneau. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The COCA-COLA CONSOLIDATED INC. rating is 291.84 USD. The price registered an increase of +0.75% on the session and was traded between 290.50 USD and 296.00 USD over the period. The price is currently at +0.46% from its lowest and -1.41% from its highest.290.50
296.00
291.84
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
Here is a more detailed summary of the historical variations registered by COCA-COLA CONSOLIDATED INC.:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of COCA-COLA CONSOLIDATED INC. in Daily shows an overall slightly bearish trend. 53.57% of the signals given by moving averages are bearish. This slightly bearish trend could be reinforced by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near support of triangle
Type : Bullish
Timeframe : Daily
Horizontal support is broken
Type : Bearish
Timeframe : Daily
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 | 191.02 | 217.46 | 244.04 | 291.84 | 291.97 | 318.18 | 399.86 |
| Change (%) | -34.55% | -25.49% | -16.38% | - | +0.04% | +9.03% | +37.01% |
| Change | -100.82 | -74.38 | -47.80 | - | +0.13 | +26.34 | +108.02 |
| Level | Minor | Major | Major | - | Intermediate | 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 | 285.98 | 287.17 | 288.42 | 289.61 | 290.87 | 292.06 | 293.32 |
| Camarilla | 289.01 | 289.23 | 289.46 | 289.68 | 289.90 | 290.13 | 290.35 |
| Woodie | 286.01 | 287.18 | 288.46 | 289.63 | 290.90 | 292.08 | 293.35 |
| Fibonacci | 287.17 | 288.10 | 288.68 | 289.61 | 290.55 | 291.12 | 292.06 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 269.13 | 279.94 | 285.61 | 296.42 | 302.09 | 312.90 | 318.57 |
| Camarilla | 286.74 | 288.25 | 289.76 | 291.27 | 292.78 | 294.29 | 295.80 |
| Woodie | 266.55 | 278.66 | 283.03 | 295.14 | 299.51 | 311.62 | 315.99 |
| Fibonacci | 279.94 | 286.24 | 290.13 | 296.42 | 302.72 | 306.61 | 312.90 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 252.88 | 272.06 | 285.65 | 304.83 | 318.42 | 337.60 | 351.19 |
| Camarilla | 290.24 | 293.24 | 296.25 | 299.25 | 302.25 | 305.26 | 308.26 |
| Woodie | 250.10 | 270.66 | 282.87 | 303.43 | 315.64 | 336.20 | 348.41 |
| Fibonacci | 272.06 | 284.58 | 292.31 | 304.83 | 317.35 | 325.08 | 337.60 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 39.61 | |
| MACD (12,26,9): | -4.8700 | |
| Directional Movement: | -3.89 | |
| AROON (14): | -85.71 | |
| DEMA (21): | 293.37 | |
| Parabolic SAR (0,02-0,02-0,2): | 301.90 | |
| Elder Ray (13): | -3.26 | |
| Super Trend (3,10): | 310.01 | |
| Zig ZAG (10): | 293.01 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 12.59 | |
| TEMA (21): | 290.75 | |
| Williams %R (14): | -80.10 | |
| Chande Momentum Oscillator (20): | -18.61 | |
| Repulse (5,40,3): | -0.5700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1600 | |
| Courbe Coppock: | 11.05 |
| MA7: | 291.84 | |
| MA20: | 302.51 | |
| MA50: | 305.31 | |
| MA100: | 302.05 | |
| MAexp7: | 293.00 | |
| MAexp20: | 299.18 | |
| MAexp50: | 302.87 | |
| MAexp100: | 291.37 | |
| Price / MA7: | -0% | |
| Price / MA20: | -3.53% | |
| Price / MA50: | -4.41% | |
| Price / MA100: | -3.38% | |
| Price / MAexp7: | -0.40% | |
| Price / MAexp20: | -2.45% | |
| Price / MAexp50: | -3.64% | |
| Price / MAexp100: | +0.16% |
News
The last news published on COCA-COLA CONSOLIDATED INC. at the time of the generation of this analysis was as follows:
- Coke Consolidated Announces First Quarter Dividend
- Coca-Cola Bottling Co. Consolidated Reports Third Quarter 2016 Results
- Coca-Cola Recycle & Win to Refresh North Carolina, Virginia, and West Virginia Recycling Efforts
- Coca-Cola Bottling Co. Consolidated To Release Third Quarter 2016 Results
- Coke Consolidated Announces Fourth Quarter Dividend
This member declared not having a position on this financial instrument or a related financial instrument.
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