COCA-COLA CO/THE (KO) Technical Analysis
NYSE:KO • US1912161007
Current stock price
KO Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to KO. In the last year, KO was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- In the last month KO has a been trading in the 74.07 - 82.00 range, which is quite wide. It is currently trading near the lows of this range.
- KO is one of the better performing stocks in the Beverages industry, it outperforms 78% of 34 stocks in the same industry.
- KO has an average volume of 18647700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- When compared to the yearly performance of all other stocks, KO outperforms 64% of them, which is more or less in line with the market.
- KO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so KO is lagging the market slightly.
KO Weekly and Daily overview Charts
KO Setup Rating and Analysis
KO has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
KO Support and Resistance Analysis
65.01
When analyzing the support we can see 3 important areas.
- A support zone ranging from 72.08 to 72.47. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 67.97 to 68.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 65.67 to 66.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 75.53 to 77.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 81.56 to 81.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
KO 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 KO is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for KO is down. |
| ChartMill Relative Strength | 64.36 | NEUTRAL | KO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of KO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.84 | NEUTRAL | The RSI value for KO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.48 | NEGATIVE | The MACD value suggests KO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.06 | OVERSOLD | The low Stochastics value suggests KO may be oversold. |
| Average True Range in percent/ATR (20) | 1.7 | LOW VOLATILITY | The low ATR as a percentage value for KO suggests low volalility. |
| Average Directional Index/ADX (14) | 22.12 | NEUTRAL | The ADX value for KO suggests a possible start of a new trend. |
KO Chart- and CandleStick Pattern Analysis
KO Technicals: Chart, Performance Metrics, Trend & Indicators
75.25
+0.58 (+0.78%)
COCA-COLA CO/THE / KO TA FAQ
What is the ChartMill technical rating of COCA-COLA CO/THE (KO) stock?
ChartMill assigns a technical rating of 4 / 10 to KO.
What is the trend direction for KO stock?
The current trend direction for COCA-COLA CO/THE (KO) is Bullish.
What is the RSI signal for KO stock?
COCA-COLA CO/THE (KO) has an RSI value of 39.8381. This indicates that the stock is currently neutral.
What is the buy/sell signal for KO stock?
The buy/sell signal for COCA-COLA CO/THE (KO) is hold as the short term and long term trends are mixed.
What is the support and resistance level for KO stock?
COCA-COLA CO/THE (KO) has a support level at 72.47 and a resistance level at 75.53. Check the full technical report for our detailed analysis of KO support and resistance levels.