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 4 out of 10 to KO. KO has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
KO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so KO is lagging the market slightly.
KO has an average volume of 16168900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, KO outperforms 66% of them, which is more or less in line with the market.
KO is an average performer in the Beverages industry, it outperforms 68% of 33 stocks in the same industry.
In the last month KO has a been trading in a tight range between 70.24 and 72.69.
KO has an average technical rating and it also does not offer a high quality setup 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
60.20
74.64
When analyzing the support we can see 3 important areas.
- Support @68.67 from a horizontal line in the daily time frame.
- Support @63.96 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 one important area.
- A resistance zone ranging from 70.79 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 | UP | POSITIVE | The long term trend for KO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KO is neutral. |
| ChartMill Relative Strength | 66.24 | 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 | MIXED | The current price of KO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.29 | NEUTRAL | The RSI value for KO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests KO has a negative trend. |
| Stochastics (14,3) | 38.87 | NEUTRAL | The Stochastics value for KO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.3 | LOW VOLATILITY | The low ATR as a percentage value for KO suggests low volalility. |
| Average Directional Index/ADX (14) | 11.48 | 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)
70.52
-0.5 (-0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg-0.7%
1 Week-1.74%
2 Weeks-2.06%
1 Month-2.06%
3 Month2.69%
6 Month12.74%
12 Month12.35%
2 Year17.1%
3 Year12.1%
5 Year57.83%
10 Year79.76%
15 Year181.41%
Volatility
ATR(14)0.97
ATR(20)%1.3%
ATR Inc59.67%
Range Today1.38
ADR(20)0.88
ADR(20)%1.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.24
Mansfield-0.12
10 Day High72.69
10 Day Low70.24
20 Day High72.69
20 Day Low70.24
52 Week High74.38
52 Week Low60.62
CS1 End68.67
CR1 Start70.79
Volume & EV
DER(3)0.59%
DER(5)1.86%
Volume15.05M
Volume Incr-2.64%
Vol(5)14.06M
Vol(50)16.17M