COCA-COLA CONSOLIDATED INC (COKE)

US1910981026 - Common Stock

853.4  +12.37 (+1.47%)

After market: 851.8 -1.6 (-0.19%)

Technical Rating and Analysis

6

Overall COKE gets a technical rating of 6 out of 10. In the last year, COKE was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

The long and short term trends are both positive. This is looking good!
COKE is part of the Beverages industry. There are 32 other stocks in this industry. COKE outperforms 80% of them.
In the last month COKE has a been trading in the 800.76 - 853.40 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 70% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
COKE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so COKE is lagging the market slightly.
Weekly and Daily overview Charts
COKE Weekly chart
COKE Daily chart
Setup Rating and Analysis

8

Although the technical rating is only medium, COKE does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 850.70, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

733.27

937.69

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 801.01 to 850.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @740.68 from a trend line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • Resistance @909.51 from a horizontal line in the daily time frame.
  • Resistance @928.41 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.69
Mansfield0.38
10 Day High853.4
10 Day Low818.18
20 Day High853.4
20 Day Low800.76
52 Week High961.91
52 Week Low614.22
Performance
1 Week3.76%
2 Weeks4.43%
1 Month2.81%
3 Month-6.17%
6 Month30.69%
12 Month30.12%
2 Year51.05%
3 Year110.76%
5 Year182.57%
10 Year1033.94%
15 Year1649.49%
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)
Technical Indicators
MACD(12,26,9)3.52
RSI(14)58.86
LBB800.98
UBB854.07
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
853.41818.1735.24 (4.13%)24.22%
An entry @853.41. This is a Buy Stop order right above the 10 day high.An exit @818.17. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 35.24 points, which is 4.13%.When investing 24.22% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
COKE Daily chart

COCA-COLA CONSOLIDATED INC

NASDAQ:COKE (5/3/2024, 7:00:00 PM)

After market: 851.8 -1.6 (-0.19%)

853.4

+12.37 (+1.47%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg1.47%
1 Week3.76%
2 Weeks4.43%
1 Month2.81%
3 Month-6.17%
6 Month30.69%
12 Month30.12%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)15.51
ATR(20)%1.92%
ATR Inc
Range Today15.89
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High853.4
10 Day Low818.18
20 Day High853.4
20 Day Low800.76
52 Week High961.91
52 Week Low614.22
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume42.60K
Volume Incr13.02%
Vol(5)41.76K
Vol(50)42.76K