COCA-COLA CO/THE (KO) Stock Technical Analysis
USA - NYSE:KO - US1912161007 - Common Stock
67.08 USD
-0.43 (-0.64%)
67.13 USD
+0.05 (+0.07%)
We assign a technical rating of 1 out of 10 to KO. KO 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, KO is a bad performer in the overall market: 74% of all stocks are doing better.
KO has an average volume of 15473300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
KO is an average performer in the Beverages industry, it outperforms 61% 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 65.35 and 67.72.
KO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 67.86. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 66.66, a Stop Loss order could be placed below this zone.
More info and screens
60.20
74.64
When analyzing the support we can see 3 important areas.
- A support zone ranging from 66.02 to 66.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @63.93 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.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 67.86 to 68.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 70.59 to 71.14. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for KO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KO is neutral. |
| ChartMill Relative Strength | 26.43 | NEGATIVE | KO has a low relative strength, it was outperformed by 73.57% off all stocks 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 | NEGATIVE | The current price of KO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of KO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.82 | NEUTRAL | The RSI value for KO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests KO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.37 | OVERBOUGHT | The high Stochastics value suggests KO may be overbought. |
| Average True Range in percent/ATR (20) | 1.24 | LOW VOLATILITY | The low ATR as a percentage value for KO suggests low volalility. |
| Average Directional Index/ADX (14) | 18.57 | 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)
67.08
-0.43 (-0.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg-0.64%
1 Week1.45%
2 Weeks0.45%
1 Month0.06%
3 Month-3.97%
6 Month-8.11%
12 Month-4.77%
2 Year18.75%
3 Year12.08%
5 Year39.58%
10 Year58.39%
15 Year118.79%
Volatility
ATR(14)0.86
ATR(20)%1.24%
ATR Inc-6.85%
Range Today0.8
ADR(20)0.8
ADR(20)%1.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.43
Mansfield-1.08
10 Day High67.72
10 Day Low65.84
20 Day High67.72
20 Day Low65.35
52 Week High74.38
52 Week Low60.62
CS1 End66.66
CR1 Start67.86
Volume & EV
DER(3)1.98%
DER(5)2.05%
Volume11.19M
Volume Incr-12.83%
Vol(5)13.97M
Vol(50)15.47M