COCA-COLA CONSOLIDATED INC (COKE) Stock Technical Analysis
USA - NASDAQ:COKE - US1910981026 - Common Stock
Overall COKE gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, COKE is only an average performer.
COKE has an excellent technical rating, but the quality of the setup is 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
108.45
We found 2 important support areas.
- A support zone ranging from 111.91 to 114.94. 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.
We can see 2 important resistance areas.
- Resistance @132.52 from a trend line in the daily time frame.
- Resistance @141.72 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 COKE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for COKE is up. |
| ChartMill Relative Strength | 68.07 | NEUTRAL | COKE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of COKE is above the rising 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 | MIXED | The current price of COKE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.85 | NEUTRAL | The RSI value for COKE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests COKE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.75 | NEUTRAL | The Stochastics value for COKE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.91 | LOW VOLATILITY | The low ATR as a percentage value for COKE suggests low volalility. |
| Average Directional Index/ADX (14) | 30.37 | POSITIVE | The high ADX value value for COKE suggests a strong trend. |
128.17
+0.51 (+0.4%)
COCA-COLA CONSOLIDATED INC / COKE FAQ
What is the technical rating for COKE stock?
ChartMill assigns a technical rating of 8 / 10 to COKE.
What is the trend direction for COKE stock?
The current trend direction for COCA-COLA CONSOLIDATED INC (COKE) is Bullish.
What is the RSI signal for COCA-COLA CONSOLIDATED INC (COKE) stock?
COCA-COLA CONSOLIDATED INC (COKE) has an RSI value of 60.8523. This indicates that the stock is currently neutral.
Can you provide the MACD signal for COCA-COLA CONSOLIDATED INC?
The MACD indicator for COCA-COLA CONSOLIDATED INC (COKE) has a value of 0.0515666, indicating a bearish trend.
Can you provide the buy/sell signal for COCA-COLA CONSOLIDATED INC?
The buy/sell signal for COCA-COLA CONSOLIDATED INC (COKE) is buy as both the short term and long term trends are positive.