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 06/06/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Slightly bullish

Technical indicators

22%

33%

44%

My opinion

Bearish under 65.03 USD

My targets

59.94 USD (-4.66%)

55.98 USD (-10.96%)

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 65.03 USD, one could consider taking advantage of the short-term movement. The first bearish objective is located at 59.94 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 55.98 USD as an objective. Crossing it would then enable sellers to target 51.90 USD. Be careful, a return to above 65.03 USD could jeopardize the reversal.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

1.1

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 62.87 USD. The price is lower by -0.16% since the last closing and was traded between 62.66 USD and 63.77 USD over the period. The price is currently at +0.34% from its lowest and -1.41% from its highest.

62.66

63.77

62.87

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by COCA-COLA CO.:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a 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. 53.57% 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 scanner detects a bearish signal on moving averages that could impact this trend:

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Daily

On the 18 technical indicators analysed, 4 are bullish, 8 are neutral and 6 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

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 triangle

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	55.98	59.94	62.37	62.87	65.03	66.21
Change (%)	-10.96%	-4.66%	-0.80%	-	+3.44%	+5.31%
Change	-6.89	-2.93	-0.50	-	+2.16	+3.34
Level	Major	Major	Intermediate	-	Intermediate	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	61.32	61.99	62.43	63.10	63.54	64.21	64.65
Camarilla	62.57	62.67	62.77	62.87	62.97	63.07	63.18
Woodie	61.21	61.93	62.32	63.04	63.43	64.15	64.54
Fibonacci	61.99	62.41	62.68	63.10	63.52	63.79	64.21

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	59.74	60.92	61.95	63.13	64.16	65.34	66.37
Camarilla	62.36	62.57	62.77	62.97	63.17	63.38	63.58
Woodie	59.66	60.88	61.87	63.09	64.08	65.30	66.29
Fibonacci	60.92	61.77	62.29	63.13	63.98	64.50	65.34

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	53.18	56.42	59.90	63.14	66.62	69.86	73.34
Camarilla	61.53	62.15	62.76	63.38	64.00	64.61	65.23
Woodie	53.30	56.48	60.02	63.20	66.74	69.92	73.46
Fibonacci	56.42	58.99	60.57	63.14	65.71	67.29	69.86

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):	46.17
MACD (12,26,9):	-0.2000
Directional Movement:	-5.86
AROON (14):	-21.43
DEMA (21):	63.38
Parabolic SAR (0,02-0,02-0,2):	60.28
Elder Ray (13):	-0.24
Super Trend (3,10):	65.33
Zig ZAG (10):	62.87
VORTEX (21):	0.9100
Stochastique (14,3,5):	53.22
TEMA (21):	62.98
Williams %R (14):	-50.16
Chande Momentum Oscillator (20):	1.67
Repulse (5,40,3):	-1.0700
ROCnROLL:	2
TRIX (15,9):	-0.0400
Courbe Coppock:	2.32

MA7:	63.57
MA20:	63.65
MA50:	63.89
MA100:	62.14
MAexp7:	63.30
MAexp20:	63.58
MAexp50:	63.30
MAexp100:	61.98
Price / MA7:	-1.10%
Price / MA20:	-1.23%
Price / MA50:	-1.60%
Price / MA100:	+1.17%
Price / MAexp7:	-0.68%
Price / MAexp20:	-1.12%
Price / MAexp50:	-0.68%
Price / MAexp100:	+1.44%

Quotes : - 15 min delayed data - NYSE Stocks

News

The last news published on COCA-COLA CO. at the time of the generation of this analysis was as follows:

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

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