COCA-COLA EUROPACIFIC PARTNE (CCEP) Stock Technical Analysis
USA - NASDAQ:CCEP - GB00BDCPN049 - Common Stock
Taking everything into account, CCEP scores 5 out of 10 in our technical rating. Although CCEP 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.
Although the technical rating is only medium, CCEP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 90.13, a Stop Loss order could be placed below this zone.
More info and screens
72.14
When analyzing the support we can see 5 important areas.
- A support zone ranging from 89.65 to 90.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 86.20 to 87.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @83.79 from a horizontal line in the daily time frame.
- Support @80.81 from a trend line in the weekly time frame.
- Support @72.87 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 90.39 to 90.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 92.50 to 92.99. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 100.04 to 100.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 CCEP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CCEP is neutral. |
| ChartMill Relative Strength | 71.29 | POSITIVE | CCEP has a high relative strength, it outperformed 71.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CCEP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CCEP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CCEP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.56 | NEUTRAL | The RSI value for CCEP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests CCEP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.77 | NEUTRAL | The Stochastics value for CCEP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.11 | MEDIUM VOLATILITY | The ATR as a percentage value for CCEP suggests some volalility. |
| Average Directional Index/ADX (14) | 16.19 | NEGATIVE | The low ADX value for CCEP suggests a weak or negative trend. |
90.36
-1.29 (-1.41%)
COCA-COLA EUROPACIFIC PARTNE / CCEP FAQ
Can you provide the ChartMill technical rating for COCA-COLA EUROPACIFIC PARTNE?
ChartMill assigns a technical rating of 5 / 10 to CCEP.
Can you provide the trend direction for COCA-COLA EUROPACIFIC PARTNE?
The current trend direction for COCA-COLA EUROPACIFIC PARTNE (CCEP) is Bearish.
What is the RSI signal for COCA-COLA EUROPACIFIC PARTNE (CCEP) stock?
COCA-COLA EUROPACIFIC PARTNE (CCEP) has an RSI value of 50.557. This indicates that the stock is currently neutral.
What is the MACD signal for CCEP stock?
The MACD indicator for COCA-COLA EUROPACIFIC PARTNE (CCEP) has a value of 0.240462, indicating a bearish trend.
Can you provide the support and resistance levels for COCA-COLA EUROPACIFIC PARTNE?
COCA-COLA EUROPACIFIC PARTNE (CCEP) has a support level at 90.13 and a resistance level at 90.39. Check the full technical report for our detailed analysis of CCEP support and resistance levels.