COCA-COLA CONSOLIDATED INC (COKE) Stock Technical Analysis
NASDAQ:COKE - Nasdaq - US1910981026 - Common Stock - Currency: USD
Taking everything into account, COKE scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. COKE was also a bad performer in the overall market in the last year.
74% 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, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month COKE has a been trading in the 105.21 - 118.05 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
COKE is part of the Beverages industry. There are 32 other stocks in this industry, COKE did better than 45% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of COKE is bad and it also does not present a 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
104.66
147.31
We found 1 important support area.
- 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.
We can see 4 important resistance areas.
- A resistance zone ranging from 117.72 to 117.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @136.58 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 | UP | POSITIVE | The short term trend for COKE is up. |
| ChartMill Relative Strength | 26.27 | NEGATIVE | COKE has a low relative strength, it was outperformed by 73.73% 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) | DOWN | MIXED | The current price of COKE is above 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) | 62.74 | NEUTRAL | The RSI value for COKE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.58 | POSITIVE | The MACD value suggests COKE has a positive trend. |
| Stochastics (14,3) | 93.96 | OVERBOUGHT | The high Stochastics value suggests COKE may be overbought. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for COKE suggests some volalility. |
| Average Directional Index/ADX (14) | 30.76 | 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)
117.71
+1.76 (+1.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg1.52%
1 Week6.16%
2 Weeks10.84%
1 Month9.31%
3 Month-9.88%
6 Month-10.96%
12 Month9.24%
2 Year85.84%
3 Year129.45%
5 Year412.76%
10 Year626.61%
15 Year2181.2%
Volatility
ATR(14)2.59
ATR(20)%2.23%
ATR Inc-0.71%
Range Today2.79
ADR(20)2.6
ADR(20)%2.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.27
Mansfield-1.4
10 Day High118.05
10 Day Low105.98
20 Day High118.05
20 Day Low105.21
52 Week High146.09
52 Week Low105.21
CS1 End107.14
CR1 Start117.72
Volume & EV
DER(3)-5.42%
DER(5)-3.95%
Volume467.40K
Volume Incr29.74%
Vol(5)888.76K
Vol(50)429.50K