COCA-COLA CONSOLIDATED INC (COKE) Stock Technical Analysis
NASDAQ:COKE - Nasdaq - US1910981026 - Common Stock - Currency: USD
Overall COKE gets a technical rating of 0 out of 10. 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, COKE is a bad performer in the overall market: 77% of all stocks are doing better.
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 109.42 - 124.50 range, which is quite wide. It is currently trading near the lows of this range.
COKE is part of the Beverages industry. There are 32 other stocks in this industry, COKE did better than 54% of them.
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. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
104.66
147.31
3 important support areas can be observed.
- A support zone ranging from 112.08 to 112.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @110.21 from a trend line in the weekly time frame.
- 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.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 113.88 to 118.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @134.65 from a trend line in the daily time frame.
- 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 | NEUTRAL | NEUTRAL | The short term trend for COKE is neutral. |
| ChartMill Relative Strength | 23.09 | NEGATIVE | COKE has a low relative strength, it was outperformed by 76.91% 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 | 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) | 47.56 | NEUTRAL | The RSI value for COKE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests COKE has a negative trend. |
| Stochastics (14,3) | 23.32 | NEUTRAL | The Stochastics value for COKE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.83 | MEDIUM VOLATILITY | The ATR as a percentage value for COKE suggests some volalility. |
| Average Directional Index/ADX (14) | 25.33 | 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)
112.41
+0.66 (+0.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg0.59%
1 Week-5.38%
2 Weeks-0.84%
1 Month-4.5%
3 Month-1.83%
6 Month-17.81%
12 Month-11.79%
2 Year60.84%
3 Year136.99%
5 Year311.31%
10 Year628.85%
15 Year2160.41%
Volatility
ATR(14)3.45
ATR(20)%2.83%
ATR Inc-9.82%
Range Today2.6
ADR(20)2.99
ADR(20)%2.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.09
Mansfield-1.66
10 Day High124.5
10 Day Low110.4
20 Day High124.5
20 Day Low109.42
52 Week High146.09
52 Week Low105.21
CS1 End112.32
CR1 Start113.88
Volume & EV
DER(3)-1.39%
DER(5)-0.35%
Volume552.20K
Volume Incr-16.18%
Vol(5)606.50K
Vol(50)661.13K