|
Downtrend Broken Resist.Archive - 4/26/2024 - Sign In to see current Signals. |
Coca Cola Co. (KO) Technical Analysis
|
|
| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Coca Cola Co. (KO). During the week, the KO gained 1.57 points, or 2.61%, and closed at 61.74 on Friday, April 26, 2024. Weekly volume was 17% above average. Long-term trend: [See KO long-term trend chart] A long-term downtrend had started on April 25, 2022 at 67.20 and reached 51.55 on October 6, 2023. KO lost 15.65 points, or 23.29%, in 75 weeks. The chart has formed a Falling Channel chart pattern. The price is near the trend resistance line (62.54). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend. Medium-term trend: [See KO medium-term trend chart] A medium-term uptrend had started on October 6, 2023 at 51.55 and reached 62.59 on April 25, 2024. KO gained -11.04 points, or -21.42%, in 28 weeks. The price is now at the 7.70% retracement level. Weekly Technical Indicators: [See KO weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. Use the following link to access a MACD help. Short-term trend: [See KO short-term trend chart] A short-term uptrend had started on April 16, 2024 at 57.93 and reached 62.59 on April 25, 2024. KO gained -4.66 points, or -8.04%, in 9 days. The price is now at the 18.24% retracement level. Daily Technical Indicators: [See KO daily technical indicators chart] Daily Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
| |
|
|