COCA-COLA CO/THE (KO) Stock Technical Analysis
NYSE:KO - New York Stock Exchange, Inc. - US1912161007 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to KO. KO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
KO has an average volume of 15919200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, KO outperforms 41% of them, which is more or less in line with the market.
KO is an average performer in the Beverages industry, it outperforms 67% of 32 stocks in the same industry.
KO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so KO is lagging the market.
In the last month KO has a been trading in a tight range between 67.74 and 70.72.
Although the technical rating is bad, KO does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 71.14. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 70.20, a Stop Loss order could be placed below this zone.
More info and screens
60.20
74.64
3 important support areas can be observed.
- A support zone ranging from 68.14 to 70.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @64.85 from a trend line in the weekly time frame.
- A support zone ranging from 60.81 to 61.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @71.14 from a horizontal line in the daily time frame.
- A resistance zone ranging from 72.32 to 73.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for KO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KO is neutral. |
| ChartMill Relative Strength | 41.05 | NEUTRAL | KO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of KO is above a declining 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) | 55.94 | NEUTRAL | The RSI value for KO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests KO has a positive trend. |
| Stochastics (14,3) | 64.82 | NEUTRAL | The Stochastics value for KO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.36 | LOW VOLATILITY | The low ATR as a percentage value for KO suggests low volalility. |
| Average Directional Index/ADX (14) | 16.34 | NEGATIVE | The low ADX value for KO suggests a weak or negative 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)
70.43
+0.92 (+1.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg1.32%
1 Week3.74%
2 Weeks1.92%
1 Month0.95%
3 Month-0.13%
6 Month10.32%
12 Month2.55%
2 Year17.72%
3 Year14.13%
5 Year42.2%
10 Year79.12%
15 Year152.08%
Volatility
ATR(14)1
ATR(20)%1.36%
ATR Inc29.94%
Range Today1.39
ADR(20)0.9
ADR(20)%1.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.05
Mansfield-0.5
10 Day High70.72
10 Day Low67.74
20 Day High70.72
20 Day Low67.74
52 Week High74.38
52 Week Low60.62
CS1 End70.2
CR1 Start71.14
Volume & EV
DER(3)0.29%
DER(5)-0.2%
Volume15.79M
Volume Incr-19.23%
Vol(5)13.08M
Vol(50)15.92M