COCA-COLAEUROPACIF
COCA-COLAEUROPACIF
- EUR (-)
- 15 min delayed data - Euronext Amsterdam
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: CCEP
ISIN: GB00BDCPN049

COCA-COLAEUROPACIF - Daily - Technical analysis published on 10/07/2019 (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 48.48 EUR
My targets
51.50 EUR (+0.98%)
My analysis
The bullish trend is currently very strong on COCA-COLA EUROPEAN. As long as the price remains above the support at 48.48 EUR, you could try to benefit from the boom. The first bullish objective is located at 51.50 EUR. The bullish momentum would be boosted by a break in this resistance. 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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
7.3

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:
1H Weekly

Additional analysis

Quotes

The COCA-COLA EUROPEAN rating is 51.00 EUR. The price registered an increase of +0.39% on the session with the lowest point at 50.20 EUR and the highest point at 51.40 EUR. The deviation from the price is +1.59% for the low point and -0.78% for the high point.

50.20
51.40
51.00

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of COCA-COLA EUROPEAN in Daily shows a strongly overall bullish trend. 89.29% 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:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily


Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily



The technical indicators are bullish. There is still some doubt about the price increase.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily


Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily


Near support of triangle

Type : Bullish

Timeframe : Daily



For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 43.14 45.90 48.48 51.00 51.50
Change (%) -15.41% -10.00% -4.94% - +0.98%
Change -7.86 -5.10 -2.52 - +0.50
Level Intermediate Minor Intermediate - Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard49.5349.8750.3350.6751.1351.4751.93
Camarilla50.5850.6550.7350.8050.8750.9551.02
Woodie49.6049.9050.4050.7051.2051.5052.00
Fibonacci49.8750.1750.3650.6750.9751.1651.47


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard48.3049.2050.0050.9051.7052.6053.40
Camarilla50.3350.4950.6450.8050.9651.1151.27
Woodie48.2549.1849.9550.8851.6552.5853.35
Fibonacci49.2049.8550.2550.9051.5551.9552.60


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard46.7247.7349.4750.4852.2253.2354.97
Camarilla50.4450.7050.9551.2051.4551.7051.96
Woodie47.0847.9149.8350.6652.5853.4155.33
Fibonacci47.7348.7849.4350.4851.5352.1853.23

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): 53.81
MACD (12,26,9): 0.1600
Directional Movement: 5.50
AROON (14): 71.43
DEMA (21): 50.89
Parabolic SAR (0,02-0,02-0,2): 49.66
Elder Ray (13): 0.06
Super Trend (3,10): 51.41
Zig ZAG (10): 51.00
VORTEX (21): 0.9600
Stochastique (14,3,5): 50.94
TEMA (21): 50.91
Williams %R (14): -38.10
Chande Momentum Oscillator (20): -0.10
Repulse (5,40,3): 0.3100
ROCnROLL: 1
TRIX (15,9): 0.0600
Courbe Coppock: 1.02
MA7: 50.81
MA20: 50.66
MA50: 50.13
MA100: 50.29
MAexp7: 50.79
MAexp20: 50.66
MAexp50: 50.35
MAexp100: 49.48
Price / MA7: +0.37%
Price / MA20: +0.67%
Price / MA50: +1.74%
Price / MA100: +1.41%
Price / MAexp7: +0.41%
Price / MAexp20: +0.67%
Price / MAexp50: +1.29%
Price / MAexp100: +3.07%

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

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