COCA-COLA EUROPACIFIC PARTNE (CCEP) Stock Technical Analysis
NASDAQ:CCEP - Nasdaq - GB00BDCPN049 - Common Stock - Currency: USD
Overall CCEP gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month CCEP has a been trading in the 88.79 - 100.67 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, CCEP did better than 70% 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 81% of 33 stocks in the same industry.
CCEP has an average volume of 1768160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
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 an average technical rating and it also 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
When analyzing the support we can see 4 important areas.
- A support zone ranging from 90.71 to 91.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @81.75 from a trend line in the weekly time frame.
- Support @78.71 from a trend line in the weekly time frame.
- Support @72.87 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 93.69 to 94.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | UP | POSITIVE | The long term trend for CCEP is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CCEP is down. |
| ChartMill Relative Strength | 70.79 | POSITIVE | CCEP has a high relative strength, it outperformed 70.79% 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 | MIXED | The current price of CCEP is below 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) | 39.32 | NEUTRAL | The RSI value for CCEP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.81 | NEGATIVE | The MACD value suggests CCEP has a negative trend. |
| Stochastics (14,3) | 37.75 | NEUTRAL | The Stochastics value for CCEP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.21 | MEDIUM VOLATILITY | The ATR as a percentage value for CCEP suggests some volalility. |
| Average Directional Index/ADX (14) | 26.95 | 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)
91.96
-1.26 (-1.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg-1.35%
1 Week0.7%
2 Weeks-7.35%
1 Month-3.66%
3 Month4.14%
6 Month8.32%
12 Month20.34%
2 Year43.44%
3 Year87.02%
5 Year123.42%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.35
ATR(20)%2.21%
ATR Inc3.92%
Range Today2.42
ADR(20)1.67
ADR(20)%1.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.79
Mansfield-0.09
10 Day High99.04
10 Day Low88.79
20 Day High100.67
20 Day Low88.79
52 Week High100.67
52 Week Low73.4
CS1 End91.95
CR1 Start93.69
Volume & EV
DER(3)1.71%
DER(5)1.27%
Volume2.84M
Volume Incr25.19%
Vol(5)2.09M
Vol(50)1.77M