EMBOTELLADORA ANDINA-ADR B (AKO.B) Stock Technical Analysis
NYSE:AKO.B • US29081P3038
We assign a technical rating of 4 out of 10 to AKO.B. Although AKO.B is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month AKO.B has a been trading in the 27.28 - 33.86 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Warning: AKO.B has an average volume of 22801 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Looking at the yearly performance, AKO.B did better than 72% of all other stocks. We also observe that the gains produced by AKO.B over the past year are nicely spread over this period.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- AKO.B is part of the Beverages industry. There are 33 other stocks in this industry, AKO.B did better than 68% of them.
- AKO.B is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AKO.B is lagging the market.
AKO.B has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
24.77
2 important support areas can be observed.
- A support zone ranging from 26.00 to 26.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @25.02 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 29.71 to 30.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for AKO.B is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AKO.B is down. |
| ChartMill Relative Strength | 72.46 | POSITIVE | AKO.B has a high relative strength, it outperformed 72.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AKO.B is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AKO.B is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AKO.B is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 30.61 | NEUTRAL | The RSI value for AKO.B is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.47 | NEGATIVE | The MACD value suggests AKO.B has a negative trend. |
| Stochastics (14,3) | 4.71 | OVERSOLD | The low Stochastics value suggests AKO.B may be oversold. |
| Average True Range in percent/ATR (20) | 4.28 | MEDIUM VOLATILITY | The ATR as a percentage value for AKO.B suggests some volalility. |
| Average Directional Index/ADX (14) | 32.68 | POSITIVE | The high ADX value value for AKO.B suggests a strong trend. |
27.75
-0.8 (-2.8%)
EMBOTELLADORA ANDINA-ADR B / AKO.B FAQ
What is the ChartMill technical rating of EMBOTELLADORA ANDINA-ADR B (AKO.B) stock?
ChartMill assigns a technical rating of 4 / 10 to AKO.B.
Can you provide the trend direction for EMBOTELLADORA ANDINA-ADR B?
The current trend direction for EMBOTELLADORA ANDINA-ADR B (AKO.B) is Bearish.
Can you provide the RSI signal for EMBOTELLADORA ANDINA-ADR B?
EMBOTELLADORA ANDINA-ADR B (AKO.B) has an RSI value of 30.6124. This indicates that the stock is currently neutral.
What is the MACD signal for AKO.B stock?
The MACD indicator for EMBOTELLADORA ANDINA-ADR B (AKO.B) has a value of -0.465339, indicating a bearish trend.
Can you provide the short term momentum for EMBOTELLADORA ANDINA-ADR B?
The short term momentum for EMBOTELLADORA ANDINA-ADR B (AKO.B) is negative.