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. - Weekly - Technical analysis published on 05/31/2022 (GMT)

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Timeframe : Weekly
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

50%

44%

My opinion

Bullish above 55.98 USD

My targets

67.30 USD (+4.05%)

69.99 USD (+8.21%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on COCA-COLA CO. as long as the price remains well above 55.98 USD. The buyers' bullish objective is set at 67.30 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 69.99 USD. If there is any crossing, the next objective would be the resistance located at 72.78 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

7.5

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 rbrittonbrownjr. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The COCA-COLA CO. rating is 64.68 USD. Over 5 days, this instrument gained +1.03% with the lowest point at 64.14 USD and the highest point at 64.83 USD. The deviation from the price is +0.84% for the low point and -0.23% for the high point.

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.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

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

Technical

A technical analysis in Weekly of this COCA-COLA CO. chart shows a strongly bullish trend. 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. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Weekly

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Weekly

The probability of a further increase is slight given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

Timeframe : Weekly

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near horizontal resistance

Type : Bearish

Timeframe : Weekly

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Bullish harami

Type : Bullish

Timeframe : Weekly

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	40.35	45.44	55.98	64.68	66.21
Change (%)	-37.62%	-29.75%	-13.45%	-	+2.37%
Change	-24.33	-19.24	-8.70	-	+1.53
Level	Minor	Intermediate	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
Standard	63.58	63.86	64.27	64.55	64.96	65.24	65.65
Camarilla	64.49	64.55	64.62	64.68	64.74	64.81	64.87
Woodie	63.65	63.89	64.34	64.58	65.03	65.27	65.72
Fibonacci	63.86	64.12	64.29	64.55	64.81	64.98	65.24

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	51.58	55.62	58.30	62.34	65.02	69.06	71.74
Camarilla	59.13	59.75	60.36	60.98	61.60	62.21	62.83
Woodie	50.90	55.28	57.62	62.00	64.34	68.72	71.06
Fibonacci	55.62	58.19	59.77	62.34	64.91	66.49	69.06

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	56.34	59.03	61.82	64.51	67.30	69.99	72.78
Camarilla	63.10	63.61	64.11	64.61	65.11	65.62	66.12
Woodie	56.39	59.06	61.87	64.54	67.35	70.02	72.83
Fibonacci	59.03	61.12	62.42	64.51	66.60	67.90	69.99

Numerical data

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

Technical indicators

Moving averages

RSI (14):	59.33
MACD (12,26,9):	1.9800
Directional Movement:	-2.62
AROON (14):	50.00
DEMA (21):	64.74
Parabolic SAR (0,02-0,02-0,2):	67.05
Elder Ray (13):	0.28
Super Trend (3,10):	58.75
Zig ZAG (10):	64.68
VORTEX (21):	1.0400
Stochastique (14,3,5):	66.40
TEMA (21):	65.06
Williams %R (14):	-24.85
Chande Momentum Oscillator (20):	2.59
Repulse (5,40,3):	1.2000
ROCnROLL:	1
TRIX (15,9):	0.5200
Courbe Coppock:	12.26

MA7:	62.99
MA20:	63.89
MA50:	63.62
MA100:	61.98
MAexp7:	63.79
MAexp20:	62.06
MAexp50:	58.54
MAexp100:	54.89
Price / MA7:	+2.68%
Price / MA20:	+1.24%
Price / MA50:	+1.67%
Price / MA100:	+4.36%
Price / MAexp7:	+1.40%
Price / MAexp20:	+4.22%
Price / MAexp50:	+10.49%
Price / MAexp100:	+17.84%

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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