COCA-COLA EUROPACIFIC PARTNE (CCEP) Stock Technical Analysis
NASDAQ:CCEP - Nasdaq - GB00BDCPN049 - Common Stock - Currency: USD
Taking everything into account, CCEP scores 10 out of 10 in our technical rating. 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 82% of all other stocks. On top of that, CCEP also shows a nice and consistent pattern of rising prices.
CCEP is one of the better performing stocks in the Beverages industry, it outperforms 87% of 32 stocks in the same industry.
CCEP is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month CCEP has a been trading in the 90.67 - 100.67 range, which is quite wide. It is currently trading near the high of this range.
CCEP has an average volume of 1784280 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
101.17
We found 6 important support areas.
- A support zone ranging from 94.79 to 96.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 91.10 to 93.29. 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 @80.97 from a trend line in the weekly time frame.
- Support @78.23 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 | 82.47 | POSITIVE | CCEP has a high relative strength, it outperformed 82.47% 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) | 73.73 | OVERBOUGHT | The high RSI value suggests CCEP may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests CCEP has a positive trend. |
| Stochastics (14,3) | 95.18 | OVERBOUGHT | The high Stochastics value suggests CCEP may be overbought. |
| Average True Range in percent/ATR (20) | 1.49 | LOW VOLATILITY | The low ATR as a percentage value for CCEP suggests low volalility. |
| Average Directional Index/ADX (14) | 34.27 | 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)
100.17
+0.32 (+0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg0.32%
1 Week4.2%
2 Weeks4.95%
1 Month9.4%
3 Month13.99%
6 Month30.46%
12 Month34.84%
2 Year58.02%
3 Year85.09%
5 Year143.31%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.42
ATR(20)%1.49%
ATR Inc-37.17%
Range Today1.01
ADR(20)1.45
ADR(20)%1.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.47
Mansfield1.02
10 Day High100.67
10 Day Low93.52
20 Day High100.67
20 Day Low90.67
52 Week High100.67
52 Week Low71.49
CS1 End96.98
CR1 StartN/A
Volume & EV
DER(3)1.79%
DER(5)1.06%
Volume1.48M
Volume Incr-22.9%
Vol(5)1.42M
Vol(50)1.78M