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. - 1H - Technical analysis published on 06/11/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Bearish
Underlying: Bullish
Technical indicators
39%
22%
39%
My opinion
Bullish above 62.79 USD
My targets
64.07 USD (+0.82%)
My analysis
The basic trend is bullish on COCA-COLA CO. and in the short term, the price is attempting to correct. For the time being, this is only a simple technical correction and the basic trend is not threatened. For the correction to be confirmed, it would have to at least return to below the support 62.79 USD. Sellers would then use the next support located at 61.63 USD as an objective. Crossing it would then enable sellers to target 61.07 USD. If there is a return to above the resistance located at 64.07 USD, this would be a sign of a reversal in the basic bullish trend.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
2

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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The COCA-COLA CO. price is 63.55 USD. The price is lower by -0.06% since the last closing and was traded between 63.07 USD and 63.65 USD over the period. The price is currently at +0.76% from its lowest and -0.16% from its highest.

63.07
63.65
63.55

So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this COCA-COLA CO. chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. Caution: the current slightly bearish signals from short-term moving averages indicate that the overall trend may be slowing down. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 61.63 62.79 63.37 63.55 63.76 64.07 64.36
Change (%) -3.02% -1.20% -0.28% - +0.33% +0.82% +1.27%
Change -1.92 -0.76 -0.18 - +0.21 +0.52 +0.81
Level Minor Major Intermediate - Intermediate Minor Intermediate



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
Standard62.6963.0363.3163.6563.9364.2764.55
Camarilla63.4263.4863.5363.5963.6563.7063.76
Woodie62.6663.0263.2863.6463.9064.2664.52
Fibonacci63.0363.2763.4163.6563.8964.0364.27


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard60.8661.6562.7863.5764.7065.4966.62
Camarilla63.3863.5663.7363.9164.0964.2664.44
Woodie61.0361.7462.9563.6664.8765.5866.79
Fibonacci61.6562.3862.8463.5764.3064.7665.49


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard58.7259.9061.4162.5964.1065.2866.79
Camarilla62.1962.4462.6862.9363.1863.4263.67
Woodie58.9059.9861.5962.6764.2865.3666.97
Fibonacci59.9060.9261.5662.5963.6164.2565.28

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): 49.59
MACD (12,26,9): -0.0600
Directional Movement: -4.46
AROON (14): -57.14
DEMA (21): 63.56
Parabolic SAR (0,02-0,02-0,2): 63.67
Elder Ray (13): 0.05
Super Trend (3,10): 64.14
Zig ZAG (10): 63.56
VORTEX (21): 0.9000
Stochastique (14,3,5): 45.25
TEMA (21): 63.36
Williams %R (14): -46.20
Chande Momentum Oscillator (20): 0.18
Repulse (5,40,3): 0.1000
ROCnROLL: 1
TRIX (15,9): -0.0100
Courbe Coppock: 1.47
MA7: 63.72
MA20: 62.98
MA50: 61.62
MA100: 60.68
MAexp7: 63.50
MAexp20: 63.60
MAexp50: 63.45
MAexp100: 63.13
Price / MA7: -0.27%
Price / MA20: +0.91%
Price / MA50: +3.13%
Price / MA100: +4.73%
Price / MAexp7: +0.08%
Price / MAexp20: -0.08%
Price / MAexp50: +0.16%
Price / MAexp100: +0.67%

Quotes : - 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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