COCA-COLA CONSOLIDATED INC (COKE) Stock Technical Analysis
USA - NASDAQ:COKE - US1910981026 - Common Stock
120.65 USD
+1.35 (+1.13%)
120.65 USD
0 (0%)
Taking everything into account, COKE scores 4 out of 10 in our technical rating. In the last year, COKE was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
72% of all other stocks performed better in the past year than COKE.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
COKE is one of the better performing stocks in the Beverages industry, it outperforms 71% of 33 stocks in the same industry.
COKE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so COKE is lagging the market.
In the last month COKE has a been trading in the 110.60 - 125.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
COKE has an average technical rating and the quality of the presented setup is also not ideal 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
104.66
125.39
When analyzing the support we can see 4 important areas.
- A support zone ranging from 116.58 to 118.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 112.97 to 113.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @109.55 from a horizontal line in the daily time frame.
- A support zone ranging from 105.72 to 107.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 121.36 to 121.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @124.15 from a horizontal line 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 COKE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for COKE is up. |
| ChartMill Relative Strength | 28.7 | NEGATIVE | COKE has a low relative strength, it was outperformed by 71.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of COKE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of COKE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of COKE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.29 | NEUTRAL | The RSI value for COKE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests COKE has a positive trend. |
| Stochastics (14,3) | 71.39 | NEUTRAL | The Stochastics value for COKE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.44 | MEDIUM VOLATILITY | The ATR as a percentage value for COKE suggests some volalility. |
| Average Directional Index/ADX (14) | 17.28 | NEGATIVE | The low ADX value for COKE suggests a weak or negative 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)
120.65
+1.35 (+1.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg1.13%
1 Week4.56%
2 Weeks6.56%
1 Month-0.13%
3 Month2.5%
6 Month-7.63%
12 Month-6.62%
2 Year89.58%
3 Year147.74%
5 Year426.97%
10 Year471.23%
15 Year2162.75%
Volatility
ATR(14)2.83
ATR(20)%2.44%
ATR Inc-23.77%
Range Today2.04
ADR(20)2.92
ADR(20)%2.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.7
Mansfield-1.32
10 Day High121.58
10 Day Low112.17
20 Day High125.47
20 Day Low110.6
52 Week High146.09
52 Week Low105.21
CS1 End118.08
CR1 Start121.36
Volume & EV
DER(3)0.7%
DER(5)0.22%
Volume613.40K
Volume Incr-25.7%
Vol(5)478.66K
Vol(50)545.81K