COCA-COLA CONSOLIDATED INC (COKE) Stock Technical Analysis
NASDAQ:COKE • US1910981026
Taking everything into account, COKE scores 8 out of 10 in our technical rating. 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.
- The long and short term trends are both positive. This is looking good!
- A new 52 week high is currently being made by COKE, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month COKE has a been trading in the 146.80 - 185.99 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that COKE is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- COKE is an average performer in the Beverages industry, it outperforms 68% of 33 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although COKE has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
120.29
3 important support areas can be observed.
- A support zone ranging from 156.56 to 156.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 153.85 to 154.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 121.51 to 122.06. 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 COKE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for COKE is up. |
| ChartMill Relative Strength | 75.63 | POSITIVE | COKE has a high relative strength, it outperformed 75.63% off all stocks 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) | UP | POSITIVE | The current price of COKE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.28 | OVERBOUGHT | The high RSI value suggests COKE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.37 | POSITIVE | The MACD value suggests COKE has a positive trend. |
| Stochastics (14,3) | 90.01 | OVERBOUGHT | The high Stochastics value suggests COKE may be overbought. |
| Average True Range in percent/ATR (20) | 3.08 | MEDIUM VOLATILITY | The ATR as a percentage value for COKE suggests some volalility. |
| Average Directional Index/ADX (14) | 24.09 | NEUTRAL | The ADX value for COKE suggests a possible start of a new trend. |
176.79
+6.5 (+3.82%)
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 current trend direction of COCA-COLA CONSOLIDATED INC (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 74.2836. This indicates that the stock is currently overbought.
What is the MACD signal for COKE stock?
The MACD indicator for COCA-COLA CONSOLIDATED INC (COKE) has a value of 2.36851, indicating a bullish trend.
Can you provide the support and resistance levels for COCA-COLA CONSOLIDATED INC?
COCA-COLA CONSOLIDATED INC (COKE) has a support level at 156.86. Check the full technical report for our detailed analysis of COKE support and resistance levels.