Logo image of AKO.B

EMBOTELLADORA ANDINA-ADR B (AKO.B) Stock Technical Analysis

NYSE:AKO.B - New York Stock Exchange, Inc. - US29081P3038 - ADR

18.59  -0.25 (-1.33%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to AKO.B. In the last year, AKO.B was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.

Warning: AKO.B has an average volume of 9336 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that AKO.B is one of the better performing stocks in the market, outperforming 79% of all stocks. On top of that, AKO.B also shows a nice and consistent pattern of rising prices.
AKO.B is one of the better performing stocks in the Beverages industry, it outperforms 86% of 31 stocks in the same industry.
AKO.B is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AKO.B is lagging the market slightly.
In the last month AKO.B has a been trading in the 17.50 - 19.06 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
EMBOTELLADORA ANDINA-ADR B / AKO.B Weekly stock chart
EMBOTELLADORA ANDINA-ADR B / AKO.B Daily stock chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, AKO.B also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 18.95. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

16.50

20.25

4 important support areas can be observed.

  • A support zone ranging from 18.36 to 18.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 17.93 to 18.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @17.37 from a trend line in the daily time frame.
  • A support zone ranging from 16.67 to 16.88. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 3 important resistance areas.

  • A resistance zone ranging from 18.95 to 19.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @19.57 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 19.91 to 20.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.52
Mansfield-0.31
10 Day High19.06
10 Day Low17.5
20 Day High19.06
20 Day Low17.5
52 Week High20.38
52 Week Low13.74
Performance
1 Week3.86%
2 Weeks5.72%
1 Month6.14%
3 Month3.57%
6 Month3.46%
12 Month32.21%
2 Year23.46%
3 Year50.72%
5 Year21.47%
10 Year12.54%
15 Year-4.94%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)54.24
LBB17.57
UBB19.31
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
19.0118.350.66 (3.47%)25.00%
An entry @19.01. This is a Buy Stop order right above the resistance zone.An exit @18.35. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.66 points, which is 3.47%.For a 0.87% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of AKO.B. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EMBOTELLADORA ANDINA-ADR B / AKO.B Daily stock chart

EMBOTELLADORA ANDINA-ADR B

NYSE:AKO.B (1/22/2025, 3:30:39 PM)

18.59

-0.25 (-1.33%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg-1.33%
1 Week3.86%
2 Weeks5.72%
1 Month6.14%
3 Month3.57%
6 Month3.46%
12 Month32.21%
2 Year23.46%
3 Year50.72%
5 Year21.47%
10 Year12.54%
15 Year-4.94%
Volatility
ATR(14)0.78
ATR(20)%4.08%
ATR Inc-48.39%
Range Today0.59
ADR(20)0.71
ADR(20)%3.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.52
Mansfield-0.31
10 Day High19.06
10 Day Low17.5
20 Day High19.06
20 Day Low17.5
52 Week High20.38
52 Week Low13.74
CS1 End18.54
CR1 Start18.95
Volume & EV
DER(3)-3.18%
DER(5)1.53%
Volume6.08K
Volume Incr93.01%
Vol(5)19.60K
Vol(50)9.34K