COCA-COLA CO.

- USD (-)

- 15 min delayed data - NYSE Stocks

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Change:	-
Volume:	-

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Type:	Stocks
Ticker:	KO
ISIN:

COCA-COLA CO. - Daily - Technical analysis published on 03/30/2024 (GMT)

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03/30/2024 - 21:46
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Timeframe : Daily
- Analysis generated on 03/30/2024 - 21:46
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

17%

My opinion

Bullish above 58.91 USD

My targets

62.79 USD (+2.63%)

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 58.91 USD. The buyers' bullish objective is set at 62.79 USD. A bullish break in this resistance would boost the bullish momentum. 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

8.8

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

Additional analysis

Quotes

The COCA-COLA CO. price is 61.18 USD. On the day, this instrument gained +0.25% and was traded between 60.99 USD and 61.26 USD over the period. The price is currently at +0.31% from its lowest and -0.13% from its highest.

60.99

61.26

61.18

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 several elements:

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 LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of COCA-COLA CO. in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near resistance of channel

Type : Bearish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	57.91	58.91	60.75	61.18	61.56	62.79
Change (%)	-5.34%	-3.71%	-0.70%	-	+0.62%	+2.63%
Change	-3.27	-2.27	-0.43	-	+0.38	+1.61
Level	Minor	Major	Major	-	Major	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
Standard	60.76	60.87	61.03	61.14	61.30	61.41	61.57
Camarilla	61.11	61.13	61.16	61.18	61.21	61.23	61.25
Woodie	60.78	60.88	61.05	61.15	61.32	61.42	61.59
Fibonacci	60.87	60.98	61.04	61.14	61.25	61.31	61.41

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	58.67	59.24	59.86	60.43	61.05	61.62	62.24
Camarilla	60.16	60.27	60.38	60.49	60.60	60.71	60.82
Woodie	58.71	59.25	59.90	60.44	61.09	61.63	62.28
Fibonacci	59.24	59.69	59.97	60.43	60.88	61.16	61.62

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	55.39	56.85	58.20	59.66	61.01	62.47	63.82
Camarilla	58.77	59.03	59.28	59.54	59.80	60.06	60.31
Woodie	55.33	56.82	58.14	59.63	60.95	62.44	63.76
Fibonacci	56.85	57.93	58.59	59.66	60.74	61.40	62.47

Numerical data

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

Technical indicators

Moving averages

RSI (14):	64.42
MACD (12,26,9):	0.3600
Directional Movement:	10.33
AROON (14):	92.86
DEMA (21):	60.70
Parabolic SAR (0,02-0,02-0,2):	59.75
Elder Ray (13):	0.66
Super Trend (3,10):	59.40
Zig ZAG (10):	61.18
VORTEX (21):	1.0600
Stochastique (14,3,5):	85.85
TEMA (21):	60.86
Williams %R (14):	-10.73
Chande Momentum Oscillator (20):	1.16
Repulse (5,40,3):	0.2500
ROCnROLL:	1
TRIX (15,9):	0.0600
Courbe Coppock:	4.29

MA7:	60.69
MA20:	60.02
MA50:	59.72
MA100:	58.82
MAexp7:	60.71
MAexp20:	60.27
MAexp50:	59.71
MAexp100:	59.08
Price / MA7:	+0.81%
Price / MA20:	+1.93%
Price / MA50:	+2.44%
Price / MA100:	+4.01%
Price / MAexp7:	+0.77%
Price / MAexp20:	+1.51%
Price / MAexp50:	+2.46%
Price / MAexp100:	+3.55%

Quotes : 03/28/2024 - 19:59 - 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:

02/12/2024 - 14:34 Look ahead 13/02/24: US CPI; UK unemployment; Coca-Cola and TUI earnings
02/09/2024 - 14:30 Week ahead: Retail; consumer confidence; Coca-Cola; Cisco; Commerzbank; NatWest
01/11/2024 - 13:00 Hillenbrand, The Coca-Cola Company, and Net Impact Announce Second-annual Plastic Case Competition to Drive Circularity
01/11/2024 - 01:00 Coca-Cola Singapore partners XSQUARE to launch new Autonomous Forklifts and Warehouse Orchestration System
12/13/2023 - 19:05 Penny Pops: Wendy's Fans Can Pay a Penny and Fill Their Cup with a Coca-Cola Freestyle® Drink Daily Starting Dec. 13

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

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