COCA-COLA EUROPACIFIC PARTNE (CCEP) Stock Technical Analysis
NASDAQ:CCEP - Nasdaq - GB00BDCPN049 - Common Stock - Currency: USD
Overall CCEP gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CCEP is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, CCEP did better than 75% of all other stocks. We also observe that the gains produced by CCEP over the past year are nicely spread over this period.
CCEP is part of the Beverages industry. There are 32 other stocks in this industry. CCEP outperforms 83% of them.
A new 52 week high is currently being made by CCEP, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month CCEP has a been trading in the 90.50 - 96.55 range, which is quite wide. It is currently trading near the high of this range.
CCEP has an average volume of 1821220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although CCEP has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
72.14
97.49
When analyzing the support we can see 5 important areas.
- A support zone ranging from 89.83 to 91.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @86.62 from a horizontal line in the daily time frame.
- Support @80.19 from a trend line in the weekly time frame.
- Support @77.74 from a trend line in the weekly time frame.
- Support @72.87 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for CCEP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CCEP is up. |
| ChartMill Relative Strength | 75.67 | POSITIVE | CCEP has a high relative strength, it outperformed 75.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CCEP is above the rising 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) | 71.57 | OVERBOUGHT | The high RSI value suggests CCEP may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests CCEP has a positive trend. |
| Stochastics (14,3) | 77.5 | NEUTRAL | The Stochastics value for CCEP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.6 | LOW VOLATILITY | The low ATR as a percentage value for CCEP suggests low volalility. |
| Average Directional Index/ADX (14) | 33.96 | POSITIVE | The high ADX value value for CCEP suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
96.52
+2.94 (+3.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg3.14%
1 Week5.75%
2 Weeks4.11%
1 Month6.1%
3 Month15%
6 Month26.75%
12 Month30.73%
2 Year52.26%
3 Year78.34%
5 Year134.44%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.61
ATR(20)%1.6%
ATR Inc42.04%
Range Today3.15
ADR(20)1.49
ADR(20)%1.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.67
Mansfield0.86
10 Day High96.55
10 Day Low90.67
20 Day High96.55
20 Day Low90.5
52 Week High96.55
52 Week Low71.49
CS1 End91.09
CR1 Start92.23
Volume & EV
DER(3)0.98%
DER(5)1.82%
Volume2.59M
Volume Incr8.54%
Vol(5)2.04M
Vol(50)1.82M