COCA-COLA CO.
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 05/31/2022 (GMT)

  • 202
  • 0
  • 05/31/2022 - 02:30
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • Timeframe : Daily
  • - Analysis generated on 05/31/2022 - 02:30
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 63.08 USD
My targets
66.21 USD (+2.37%)
My analysis
The bullish trend is currently very strong on COCA-COLA CO.. As long as the price remains above the support at 63.08 USD, you could try to benefit from the boom. The first bullish objective is located at 66.21 USD. The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8

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 rbrittonbrownjr. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The COCA-COLA CO. price is 64.68 USD. The price registered an increase of +0.59% on the session and was between 64.14 USD and 64.83 USD. This implies that the price is at +0.84% from its lowest and at -0.23% from its highest.

64.14
64.83
64.68

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by COCA-COLA CO.:
Created with Raphaël 2.3.0010203040January 1st3 years1 year6 months1 month5 daysToday
The Central Records scanner for higher/lower results shows the following items:

Central Records

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



Technical


Technical analysis of this Daily chart of COCA-COLA CO. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily



The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 55.98 59.89 63.08 64.68 65.03 66.21
Change (%) -13.45% -7.41% -2.47% - +0.54% +2.37%
Change -8.70 -4.79 -1.60 - +0.35 +1.53
Level Major Intermediate Major - Major Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard63.5863.8664.2764.5564.9665.2465.65
Camarilla64.4964.5564.6264.6864.7464.8164.87
Woodie63.6563.8964.3464.5865.0365.2765.72
Fibonacci63.8664.1264.2964.5564.8164.9865.24


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard58.9760.2862.4863.7965.9967.3069.50
Camarilla63.7264.0464.3664.6865.0065.3265.65
Woodie59.4260.5062.9364.0166.4467.5269.95
Fibonacci60.2861.6262.4563.7965.1365.9667.30


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard56.3459.0361.8264.5167.3069.9972.78
Camarilla63.1063.6164.1164.6165.1165.6266.12
Woodie56.3959.0661.8764.5467.3570.0272.83
Fibonacci59.0361.1262.4264.5166.6067.9069.99

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Created with Raphaël 2.3.0Buy12
Moving averages
Created with Raphaël 2.3.0Buy26

RSI (14): 54.02
MACD (12,26,9): -0.0600
Directional Movement: 3.42
AROON (14): -21.43
DEMA (21): 63.82
Parabolic SAR (0,02-0,02-0,2): 59.77
Elder Ray (13): 0.71
Super Trend (3,10): 65.33
Zig ZAG (10): 64.68
VORTEX (21): 0.9500
Stochastique (14,3,5): 69.79
TEMA (21): 63.41
Williams %R (14): -25.30
Chande Momentum Oscillator (20): 0.37
Repulse (5,40,3): 1.5100
ROCnROLL: 1
TRIX (15,9): -0.0200
Courbe Coppock: 3.10
MA7: 62.99
MA20: 63.89
MA50: 63.62
MA100: 61.98
MAexp7: 63.82
MAexp20: 63.84
MAexp50: 63.33
MAexp100: 61.85
Price / MA7: +2.68%
Price / MA20: +1.24%
Price / MA50: +1.67%
Price / MA100: +4.36%
Price / MAexp7: +1.35%
Price / MAexp20: +1.32%
Price / MAexp50: +2.13%
Price / MAexp100: +4.58%

Quotes : 05/27/2022 - 19:59 - 15 min delayed data - NYSE Stocks

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

About author

Online

Overall rating :
15.7k
Number of analyses :
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

Comments

0 comments on the analysis COCA-COLA CO. - Daily