COCA-COLA CO.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	KO
ISIN:

COCA-COLA CO. - Daily - Technical analysis published on 03/08/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Slightly bullish

Technical indicators

17%

44%

39%

My opinion

Bearish under 62.85 USD

My targets

56.81 USD (-4.50%)

53.81 USD (-9.55%)

My analysis

The strong short-term decline in COCA-COLA CO. calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 62.85 USD, one could consider taking advantage of the short-term movement. The first bearish objective is located at 56.81 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 53.81 USD as an objective. Crossing it would then enable sellers to target 52.33 USD. Be careful, a return to above 62.85 USD could jeopardize the reversal.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

1.3

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The COCA-COLA CO. rating is 59.49 USD. The price is lower by -2.60% since the last closing and was traded between 59.17 USD and 61.54 USD over the period. The price is currently at +0.54% from its lowest and -3.33% from its highest.

59.17

61.54

59.49

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of COCA-COLA CO. indicates that the overall trend is slightly bullish. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Daily

In fact, only 8 technical indicators out of 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily

Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal support

Type : Bullish

Timeframe : Daily

Near support of channel

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	52.33	53.81	56.81	59.49	60.13	62.85
Change (%)	-12.04%	-9.55%	-4.50%	-	+1.08%	+5.65%
Change	-7.16	-5.68	-2.68	-	+0.64	+3.36
Level	Major	Minor	Intermediate	-	Major	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	59.16	59.94	60.51	61.29	61.86	62.64	63.21
Camarilla	60.71	60.83	60.96	61.08	61.20	61.33	61.45
Woodie	59.06	59.89	60.41	61.24	61.76	62.59	63.11
Fibonacci	59.94	60.46	60.77	61.29	61.81	62.12	62.64

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	59.69	60.44	61.51	62.26	63.33	64.08	65.15
Camarilla	62.07	62.24	62.40	62.57	62.74	62.90	63.07
Woodie	59.84	60.52	61.66	62.34	63.48	64.16	65.30
Fibonacci	60.44	61.14	61.57	62.26	62.96	63.39	64.08

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	56.33	57.77	60.01	61.45	63.69	65.13	67.37
Camarilla	61.23	61.57	61.90	62.24	62.58	62.92	63.25
Woodie	56.72	57.97	60.40	61.65	64.08	65.33	67.76
Fibonacci	57.77	59.18	60.05	61.45	62.86	63.73	65.13

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	39.69
MACD (12,26,9):	0.2100
Directional Movement:	-10.48
AROON (14):	-21.43
DEMA (21):	61.84
Parabolic SAR (0,02-0,02-0,2):	63.02
Elder Ray (13):	-1.16
Super Trend (3,10):	59.00
Zig ZAG (10):	59.46
VORTEX (21):	0.9200
Stochastique (14,3,5):	48.43
TEMA (21):	61.49
Williams %R (14):	-92.33
Chande Momentum Oscillator (20):	-2.66
Repulse (5,40,3):	-3.9600
ROCnROLL:	2
TRIX (15,9):	0.1000
Courbe Coppock:	1.17

MA7:	61.75
MA20:	61.56
MA50:	60.81
MA100:	58.13
MAexp7:	61.34
MAexp20:	61.44
MAexp50:	60.45
MAexp100:	58.82
Price / MA7:	-3.66%
Price / MA20:	-3.36%
Price / MA50:	-2.17%
Price / MA100:	+2.34%
Price / MAexp7:	-3.02%
Price / MAexp20:	-3.17%
Price / MAexp50:	-1.59%
Price / MAexp100:	+1.14%

Quotes : - 15 min delayed data - NYSE Stocks

News

The latest news and videos published on COCA-COLA CO. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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