COCA-COLA CO/THE (KO) Technical Analysis
NYSE:KO • US1912161007
Current stock price
KO Technical Rating and Analysis
Taking everything into account, KO scores 5 out of 10 in our technical rating. In the last year, KO was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month KO has a been trading in the 74.39 - 82.00 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that KO is one of the better performing stocks in the market, outperforming 71% of all stocks.
- KO is part of the Beverages industry. There are 34 other stocks in this industry. KO outperforms 75% of them.
- KO has an average volume of 18926900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- 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 it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
KO Support and Resistance Analysis
65.01
We found 3 important support areas.
- A support zone ranging from 71.83 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 68.78. 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.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 75.58 to 76.99. 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 | 71.88 | POSITIVE | KO has a high relative strength, it outperformed 71.88% off all stocks 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) | 34.45 | NEUTRAL | The RSI value for KO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.57 | NEGATIVE | The MACD value suggests KO has a negative trend. |
| Stochastics (14,3) | 2.9 | OVERSOLD | The low Stochastics value suggests KO may be oversold. |
| Average True Range in percent/ATR (20) | 1.73 | LOW VOLATILITY | The low ATR as a percentage value for KO suggests low volalility. |
| Average Directional Index/ADX (14) | 20.86 | 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
74.75
-0.8 (-1.06%)
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 5 / 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 34.4502. 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 75.58. Check the full technical report for our detailed analysis of KO support and resistance levels.