COCA-COLA CONSOLIDATED INC (COKE) Stock Technical Analysis
NASDAQ:COKE - Nasdaq - US1910981026 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to COKE. COKE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
71% of all other stocks performed better in the past year than COKE.
COKE is currently trading in the lower part 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.
In the last month COKE has a been trading in the 105.21 - 117.85 range, which is quite wide. It is currently trading near the lows of this range.
COKE is part of the Beverages industry. There are 33 other stocks in this industry, COKE did better than 46% of them.
Volume is considerably higher in the last couple of days.
COKE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 107.13, a Stop Loss order could be placed below this zone.
More info and screens
104.66
147.31
When analyzing the support we notice one important area.
- A support zone ranging from 105.72 to 107.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 110.08 to 110.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @114.65 from a horizontal line in the daily time frame.
- Resistance @137.45 from a trend line in the daily time frame.
- A resistance zone ranging from 141.71 to 141.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @145.85 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 | DOWN | NEGATIVE | The long term trend for COKE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for COKE is down. |
| ChartMill Relative Strength | 29.78 | NEGATIVE | COKE has a low relative strength, it was outperformed by 70.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of COKE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of COKE is below a declining 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) | 37.75 | NEUTRAL | The RSI value for COKE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests COKE has a positive trend. |
| Stochastics (14,3) | 12.07 | OVERSOLD | The low Stochastics value suggests COKE may be oversold. |
| Average True Range in percent/ATR (20) | 2.87 | MEDIUM VOLATILITY | The ATR as a percentage value for COKE suggests some volalility. |
| Average Directional Index/ADX (14) | 41.44 | POSITIVE | The high ADX value value for COKE 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)
107.14
+0.94 (+0.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg0.89%
1 Week-2.45%
2 Weeks0.91%
1 Month-5.85%
3 Month-17.62%
6 Month-10.91%
12 Month7.64%
2 Year68.45%
3 Year90%
5 Year367.47%
10 Year609.21%
15 Year2135.81%
Volatility
ATR(14)2.81
ATR(20)%2.87%
ATR Inc-41.79%
Range Today2.02
ADR(20)3
ADR(20)%2.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.78
Mansfield-1.78
10 Day High112
10 Day Low105.44
20 Day High117.85
20 Day Low105.21
52 Week High146.09
52 Week Low99.56
CS1 End107.13
CR1 Start110.08
Volume & EV
DER(3)1.01%
DER(5)0.34%
Volume1.36M
Volume Incr73.71%
Vol(5)796.14K
Vol(50)296.30K