COCA-COLA EUROPACIFIC PARTNE (CCEP) Stock Technical Analysis
NASDAQ:CCEP - Nasdaq - GB00BDCPN049 - Common Stock - Currency: USD
Taking everything into account, CCEP scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CCEP is showing a nice and steady performance.
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 CCEP is one of the better performing stocks in the market, outperforming 88% of all stocks. We also observe that the gains produced by CCEP over the past year are nicely spread over this period.
CCEP is one of the better performing stocks in the Beverages industry, it outperforms 77% of 32 stocks in the same industry.
CCEP is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CCEP is leading the market.
CCEP is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
CCEP has an average volume of 1665030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CCEP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 87.28. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 86.76, a Stop Loss order could be placed below this zone.
More info and screens
72.14
88.43
3 important support areas can be observed.
- A support zone ranging from 86.08 to 86.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 74.70 to 76.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 72.87 to 73.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 87.28 to 87.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.6
Mansfield0.95
10 Day High88.39
10 Day Low84.61
20 Day High88.39
20 Day Low76.97
52 Week High88.39
52 Week Low65.94
Performance
1 Week-0.32%
2 Weeks2.38%
1 Month10.66%
3 Month11.9%
6 Month7.64%
12 Month23.13%
2 Year46.85%
3 Year78.81%
5 Year131.6%
10 YearN/A
15 YearN/A
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)71.96
LBB81.48
UBB89.68
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 87.56 | 86.07 | 1.49 (1.70%) | 25.00% |
| An entry @87.56. This is a Buy Stop order right above the resistance zone. | An exit @86.07. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.49 points, which is 1.70%. | For a 0.43% 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 CCEP. 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.
86.92
+0.66 (+0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg0.77%
1 Week-0.32%
2 Weeks2.38%
1 Month10.66%
3 Month11.9%
6 Month7.64%
12 Month23.13%
2 Year46.85%
3 Year78.81%
5 Year131.6%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.48
ATR(20)%1.59%
ATR Inc11.82%
Range Today1.52
ADR(20)1.33
ADR(20)%1.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.6
Mansfield0.95
10 Day High88.39
10 Day Low84.61
20 Day High88.39
20 Day Low76.97
52 Week High88.39
52 Week Low65.94
CS1 End86.76
CR1 Start87.28
Volume & EV
DER(3)1.1%
DER(5)0.55%
Volume1.94M
Volume Incr24.47%
Vol(5)2.15M
Vol(50)1.67M