COCA-COLA EUROPACIFIC PARTNE (CCEP) Technical Analysis
NASDAQ:CCEP • GB00BDCPN049
Current stock price
CCEP Technical Rating and Analysis
Overall CCEP gets a technical rating of 2 out of 10. CCEP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- CCEP is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- CCEP has an average volume of 1850600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When compared to the yearly performance of all other stocks, CCEP outperforms 58% of them, which is more or less in line with the market.
- CCEP is part of the Beverages industry. There are 34 other stocks in this industry, CCEP did better than 66% of them.
- CCEP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CCEP is lagging the market slightly.
CCEP Weekly and Daily overview Charts
CCEP Setup Rating and Analysis
The technical rating of CCEP is bad and it also does not present a 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
CCEP Support and Resistance Analysis
84.58
We found 2 important support areas.
- A support zone ranging from 91.10 to 91.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 85.43 to 87.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 91.65 to 96.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
CCEP Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for CCEP is down. |
| ChartMill Relative Strength | 58.47 | NEUTRAL | CCEP is not amongst the best or worst performers 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 | MIXED | The current price of CCEP is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CCEP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31 | NEUTRAL | The RSI value for CCEP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.13 | NEGATIVE | The MACD value suggests CCEP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.71 | OVERSOLD | The low Stochastics value suggests CCEP may be oversold. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for CCEP suggests some volalility. |
| Average Directional Index/ADX (14) | 32.71 | POSITIVE | The high ADX value value for CCEP suggests a strong trend. |
CCEP Chart- and CandleStick Pattern Analysis
CCEP Technicals: Chart, Performance Metrics, Trend & Indicators
91.64
-1.15 (-1.24%)
COCA-COLA EUROPACIFIC PARTNE / CCEP TA FAQ
Can you provide the ChartMill technical rating for COCA-COLA EUROPACIFIC PARTNE?
ChartMill assigns a technical rating of 2 / 10 to CCEP.
What is the current trend direction of COCA-COLA EUROPACIFIC PARTNE (CCEP) stock?
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 30.9971. This indicates that the stock is currently neutral.
Can you provide the MACD signal for COCA-COLA EUROPACIFIC PARTNE?
The MACD indicator for COCA-COLA EUROPACIFIC PARTNE (CCEP) has a value of -1.12501, indicating a bearish trend.
What is the support and resistance level for CCEP stock?
COCA-COLA EUROPACIFIC PARTNE (CCEP) has a support level at 91.62 and a resistance level at 91.65. Check the full technical report for our detailed analysis of CCEP support and resistance levels.