Overall CCEP gets a technical rating of 3 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.
- In the last month CCEP has a been trading in the 84.66 - 92.39 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- CCEP has an average volume of 1582620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When compared to the yearly performance of all other stocks, CCEP outperforms 64% of them, which is more or less in line with the market.
- CCEP is part of the Beverages industry. There are 33 other stocks in this industry, CCEP did better than 56% of them.
- CCEP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CCEP is lagging the market.
CCEP has a poor technical rating and the quality of the setup is also only medium 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
81.60
We found 3 important support areas.
- A support zone ranging from 87.77 to 89.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @85.43 from a horizontal line in the daily time frame.
- Support @82.42 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 89.65 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 93.53. This zone is formed by a combination of multiple trend lines 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 CCEP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CCEP is neutral. |
| ChartMill Relative Strength | 64.12 | NEUTRAL | CCEP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CCEP is above 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) | 49.84 | NEUTRAL | The RSI value for CCEP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests CCEP has a positive trend. |
| Stochastics (14,3) | 69.99 | NEUTRAL | The Stochastics value for CCEP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.72 | LOW VOLATILITY | The low ATR as a percentage value for CCEP suggests low volalility. |
| Average Directional Index/ADX (14) | 16.6 | NEGATIVE | The low ADX value for CCEP suggests a weak or negative trend. |
89.55
-0.74 (-0.82%)
COCA-COLA EUROPACIFIC PARTNE / CCEP FAQ
Can you provide the ChartMill technical rating for COCA-COLA EUROPACIFIC PARTNE?
ChartMill assigns a technical rating of 3 / 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 49.835. 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 0.182122, indicating a bearish trend.
What is the support and resistance level for CCEP stock?
COCA-COLA EUROPACIFIC PARTNE (CCEP) has a support level at 89.43 and a resistance level at 89.65. Check the full technical report for our detailed analysis of CCEP support and resistance levels.