COCA-COLA CO/THE (KO) Stock Technical Analysis
NYSE:KO - New York Stock Exchange, Inc. - US1912161007 - Common Stock - Currency: USD
Taking everything into account, KO scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, KO has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, KO also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 73.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 72.47, a Stop Loss order could be placed below this zone.
More info and screens
61.12
2 important support areas can be observed.
- A support zone ranging from 68.37 to 72.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 61.74 to 62.83. 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 73.01 to 73.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 |
|---|---|---|---|
| 73.19 | 66.04 | 7.15 (9.77%) | 10.24% |
| An entry @73.19. This is a Buy Stop order right above the resistance zone. | An exit @66.04. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 7.15 points, which is 9.77%. | For a 1.00% total portfolio risk, you can invest 10.24% of your capital in this trade. |
- 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.
73
+1.32 (+1.84%)