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 02/13/2023 (GMT)

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  • 02/13/2023 - 15:57
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  • Timeframe : Daily
  • - Analysis generated on 02/13/2023 - 15:57
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
39%
33%
28%
My opinion
Bearish under 62.08 USD
My targets
58.28 USD (-3.14%)
56.38 USD (-6.30%)
My analysis
In the short term, we can see an acceleration in the bearish trend on COCA-COLA CO., which is a positive signal for sellers. As long as the price remains above 62.08 USD, a sale could be considered. The first bearish objective is located at 58.28 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 56.38 USD as an objective. Crossing it would then enable sellers to target 54.78 USD. If the price were to return above 62.08 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
3.4

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

Additional analysis

Quotes

The COCA-COLA CO. price is 60.17 USD. The price has increased by +0.92% since the last closing and was traded between 59.73 USD and 60.27 USD over the period. The price is currently at +0.74% from its lowest and -0.17% from its highest.

59.73
60.27
60.17

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

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
Created with Raphaël 2.3.0-6-4-202January 1st3 years1 year6 months1 month5 daysToday
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of COCA-COLA CO. in Daily shows an overall bearish trend. The signals given by moving averages are 67.86% bearish. This bearish trend is reinforced by the strong signals currently being 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 Moving Average 100

Type : Bullish

Timeframe : Daily



On the 18 technical indicators analysed, 7 are bullish, 5 are neutral and 6 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator: bullish divergence

Type : Bullish

Timeframe : Daily


MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily



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

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily


Near support of channel

Type : Bullish

Timeframe : Daily



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 54.78 56.38 58.28 60.17 60.49 62.08 64.80
Change (%) -8.96% -6.30% -3.14% - +0.53% +3.17% +7.69%
Change -5.39 -3.79 -1.89 - +0.32 +1.91 +4.63
Level Major Minor Major - Major Intermediate Major



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard58.0158.4559.0359.4760.0560.4961.07
Camarilla59.3459.4359.5359.6259.7159.8159.90
Woodie58.0958.4959.1159.5160.1360.5361.15
Fibonacci58.4558.8459.0859.4759.8660.1060.49


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard57.4358.1558.8959.6160.3561.0761.81
Camarilla59.2259.3559.4959.6259.7559.8960.02
Woodie57.4358.1658.8959.6260.3561.0861.81
Fibonacci58.1558.7159.0659.6160.1760.5261.07


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard54.9257.1659.2461.4863.5665.8067.88
Camarilla60.1360.5360.9261.3261.7262.1162.51
Woodie54.8457.1259.1661.4463.4865.7667.80
Fibonacci57.1658.8159.8361.4863.1364.1565.80

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
Created with Raphaël 2.3.0Buy7
Moving averages
Created with Raphaël 2.3.0Sell19

RSI (14): 43.99
MACD (12,26,9): -0.5500
Directional Movement: -9.00
AROON (14): -50.00
DEMA (21): 59.81
Parabolic SAR (0,02-0,02-0,2): 61.26
Elder Ray (13): -0.27
Super Trend (3,10): 61.99
Zig ZAG (10): 60.17
VORTEX (21): 0.8900
Stochastique (14,3,5): 31.21
TEMA (21): 59.53
Williams %R (14): -50.19
Chande Momentum Oscillator (20): -0.58
Repulse (5,40,3): 0.6900
ROCnROLL: -1
TRIX (15,9): -0.1400
Courbe Coppock: 1.74
MA7: 59.89
MA20: 60.35
MA50: 62.06
MA100: 60.12
MAexp7: 60.01
MAexp20: 60.53
MAexp50: 61.07
MAexp100: 60.97
Price / MA7: +0.47%
Price / MA20: -0.30%
Price / MA50: -3.05%
Price / MA100: +0.08%
Price / MAexp7: +0.27%
Price / MAexp20: -0.59%
Price / MAexp50: -1.47%
Price / MAexp100: -1.31%

Quotes : 02/13/2023 - 15:41 - 15 min delayed data - NYSE Stocks

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

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