COCA-COLA CONSOLIDATED INC (COKE) Technical Analysis
NASDAQ:COKE • US1910981026
Current stock price
COKE Technical Rating and Analysis
Overall COKE gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, COKE did better than 82% of all other stocks.
- COKE is one of the better performing stocks in the Beverages industry, it outperforms 100% of 34 stocks in the same industry.
- COKE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so COKE is lagging the market slightly.
- In the last month COKE has a been trading in the 177.28 - 218.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
COKE Weekly and Daily overview Charts
COKE Setup Rating and Analysis
Besides having an excellent technical rating, COKE also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 189.46, a Stop Loss order could be placed below this zone.
More info and screens
COKE Support and Resistance Analysis
170.30
When analyzing the support we can see 3 important areas.
- A support zone ranging from 186.21 to 189.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 180.01 to 181.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 172.02 to 172.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
COKE Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for COKE is neutral. |
| ChartMill Relative Strength | 82.88 | POSITIVE | COKE has a high relative strength, it outperformed 82.88% 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) | 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) | 46.95 | NEUTRAL | The RSI value for COKE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests COKE has a negative trend. |
| Stochastics (14,3) | 64.37 | NEUTRAL | The Stochastics value for COKE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.27 | MEDIUM VOLATILITY | The ATR as a percentage value for COKE suggests some volalility. |
| Average Directional Index/ADX (14) | 21.86 | NEUTRAL | The ADX value for COKE suggests a possible start of a new trend. |
COKE Chart- and CandleStick Pattern Analysis
COKE 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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 198.78 | 186.20 | 12.58 (6.33%) | 15.80% |
| An entry @198.78. This is a Buy Stop order right above the 10 day moving average. | An exit @186.20. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 12.58 points, which is 6.33%. | When investing 15.80% 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 Technicals: Chart, Performance Metrics, Trend & Indicators
192.1
-6.39 (-3.22%)
COCA-COLA CONSOLIDATED INC / COKE TA 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.
Can you provide the RSI signal for COCA-COLA CONSOLIDATED INC?
COCA-COLA CONSOLIDATED INC (COKE) has an RSI value of 46.9505. This indicates that the stock is currently neutral.
What is the short term momentum for COCA-COLA CONSOLIDATED INC (COKE) stock?
The short term momentum for COCA-COLA CONSOLIDATED INC (COKE) is neutral.