COCA-COLA CO/THE (KO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:KO - US1912161007 - Common Stock
Overall KO gets a technical rating of 1 out of 10. 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 a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 67.97, a Stop Loss order could be placed below this zone.
More info and screens
60.20
We found 4 important support areas.
- A support zone ranging from 67.41 to 67.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @66.21 from a horizontal line in the daily time frame.
- Support @64.72 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 found 1 important resistance area.
- A resistance zone ranging from 69.96 to 73.90. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for KO is down. |
| ChartMill Relative Strength | 68.29 | 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) | DOWN | NEGATIVE | The current price of KO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of KO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.89 | NEUTRAL | The RSI value for KO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests KO has a negative trend. |
| Stochastics (14,3) | 33.75 | NEUTRAL | The Stochastics value for KO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.15 | LOW VOLATILITY | The low ATR as a percentage value for KO suggests low volalility. |
| Average Directional Index/ADX (14) | 22.29 | NEUTRAL | The ADX value for KO suggests a possible start of a new trend. |
69.12
-0.79 (-1.13%)
COCA-COLA CO/THE / KO FAQ
What is the ChartMill technical rating of COCA-COLA CO/THE (KO) stock?
ChartMill assigns a technical rating of 1 / 10 to KO.
What is the trend direction for KO stock?
The current trend direction for COCA-COLA CO/THE (KO) is Bearish.
What is the RSI signal for KO stock?
COCA-COLA CO/THE (KO) has an RSI value of 39.8887. This indicates that the stock is currently neutral.
What is the support and resistance level for KO stock?
COCA-COLA CO/THE (KO) has a support level at 67.97 and a resistance level at 69.96. Check the full technical report for our detailed analysis of KO support and resistance levels.