COCA-COLA CO/THE (KO)

US1912161007 - Common Stock

61.03  +0.49 (+0.81%)

Premarket: 61.07 +0.04 (+0.07%)

Technical Rating and Analysis

7

Taking everything into account, KO scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, KO is only an average performer.

Both the short term and long term trends are positive. This is a very positive sign.
KO 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 KO is lagging the market slightly.
KO has an average volume of 14492100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, KO outperforms 40% of them, which is more or less in line with the market.
KO is part of the Beverages industry. There are 33 other stocks in this industry, KO did better than 59% of them.
In the last month KO has a been trading in a tight range between 58.97 and 61.43.
Weekly and Daily overview Charts
KO Weekly chart
KO Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, KO also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 61.21. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 60.56, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

53.96

66.38

4 important support areas can be observed.

  • A support zone ranging from 59.86 to 60.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @58.91 from a horizontal line in the daily time frame.
  • Support @57.61 from a horizontal line in the daily time frame.
  • Support @54.51 from a horizontal line in the weekly time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 61.21 to 61.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @64.35 from a horizontal line in the weekly time frame.
  • Resistance @65.72 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
CRS40.56
Mansfield-1.2
10 Day High61.43
10 Day Low59.64
20 Day High61.43
20 Day Low58.97
52 Week High64.99
52 Week Low51.55
Performance
1 Week0.46%
2 Weeks-0.15%
1 Month1.04%
3 Month3.56%
6 Month9.02%
12 Month-1.61%
2 Year-1.56%
3 Year15.78%
5 Year30.24%
10 Year57.86%
15 Year177.73%
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)0.05
RSI(14)59.38
LBB59.61
UBB61.22
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
61.8859.852.03 (3.28%)25.00%
An entry @61.88. This is a Buy Stop order right above the resistance zone.An exit @59.85. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 2.03 points, which is 3.28%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.82%.

  • 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.
KO Daily chart

COCA-COLA CO/THE

NYSE:KO (3/27/2024, 8:24:12 PM)

Premarket: 61.07 +0.04 (+0.07%)

61.03

+0.49 (+0.81%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg0.81%
1 Week0.46%
2 Weeks-0.15%
1 Month1.04%
3 Month3.56%
6 Month9.02%
12 Month-1.61%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.63
ATR(20)%1.05%
ATR Inc
Range Today0.73
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 High61.43
10 Day Low59.64
20 Day High61.43
20 Day Low58.97
52 Week High64.99
52 Week Low51.55
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume12.55M
Volume Incr-10.34%
Vol(5)12.71M
Vol(50)14.49M