50% off all subscriptions! ... left. Order NowOrder Now

Weaker Hold
Today COKE ranks #6388 as hold candidate. Get a Free Stock at Robinhood
Stronger Stock

Coca-Cola Bottling Co. Consolidated Stock Forecast NASDAQ:COKE

$597.10 (0.18%)

Volume: 30k

Closed: Nov 26, 2021

Hollow Logo Score: 0.000

Coca-Cola Bottling Co. Consolidated Stock Forecast

$597.10 (0.18%)

Volume: 30k

Closed: Nov 26, 2021

Score Hollow Logo 0.000
Which way will COKE go? Request
Stop-loss: $581.69 (-2.58%)
Key Stats
P/E Ratio 18.00
Beta 0.51
Trailing Dividend Rate 0.17% ($1.00)
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 80 ] RSI14 is 96 and the stock is extremely overbought on RSI14, but may also ontinue to gain. Some stocks see their best performance while being overbought, but very seldom does RSI remain so high for a long time without short corrections. Risk has therefore increased and larger daily movements can be expected over the next couple of days.

Coca-Cola Bottling Co. Consolidated stock price up 0.18% on Friday
(Updated on Nov 26, 2021)


Buy or Hold candidate since 2021-10-28 Gain 49.66%

The Coca-Cola Bottling Co. Consolidated stock price gained 0.18% on the last trading day (Friday, 26th Nov 2021), rising from $596.01 to $597.10. , and has now gained 11 days in a row. It is not often that stocks manage to gain so many days in a row, and falls for a day or two should be expected. During the day the stock fluctuated 4.37% from a day low at $580.55 to a day high of $605.92. The price has risen in 10 of the last 10 days and is up by 22.42% over the past 2 weeks. Volume fell on the last day by -12 thousand shares and in total, 30 thousand shares were bought and sold for approximately $18.08 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock has broken the wide and strong rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at $509.35, a level that may pose a second chance to hit a runner.

Signals & Forecast

The Coca-Cola Bottling Co. Consolidated stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $571.59 and $451.59. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, October 18, 2021, and so far it has risen 53.10%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss

Coca-Cola Bottling Co. Consolidated finds support from accumulated volume at $590.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $25.38 between high and low, or 4.37%. For the last week, the stock has had a daily average volatility of 4.57%.

The Coca-Cola Bottling Co. Consolidated stock is extremely overbought on RSI14 (96). Normally this may pose a good selling opportunity but since the stock has broken the trend up, the chance for a major correction due to high RSI is very small as the stock will find support at the trend broken. Since the Coca-Cola Bottling Co. Consolidated has been rising for 11 days in a row, the risk over the next couple of days has increased. As we cannot be certain with regards to the size of the reaction, we urge caution.

Our recommended stop-loss: $581.69 (-2.58%) (This stock has very high daily movements and this gives very high risk. The RSI14 is 96 and this increases the risk substantially. There is a buy signal from a pivot bottom found 28 days ago.)

Is Coca-Cola Bottling Co. Consolidated stock A Buy?

Coca-Cola Bottling Co. Consolidated holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.000

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Coca-Cola Bottling Co. Consolidated of Monday, November 29, 2021

The predicted opening price is based on yesterday's movements between high, low, and the closing price.

Fair opening price November 29, 2021 Current price
$594.52 $597.10 (Overvalued)
Hold/Accumulate Unchanged

Remember To Visit Our YouTube Channel

Volatility and Risk
Daily Average Volatility: 4.57 %
Overall Risk: Very High High Medium Low Very Low
Volatility
4.57 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

No Resistance Found
Price: $597.10
Support: $590.00

COKE Insider Trading Show all Trades

INSIDER POWER

0.698

Last 100 transactions
Buy: 889 170 | Sell: 1 274 664 (Shares)
Date Action Amount Person Type
Oct 22, 2021 Sell 194 333 Harrison J Frank Iii Class B Common Stock
Oct 22, 2021 Sell 390 620 Harrison J Frank Iii Class B Common Stock
May 10, 2019 Sell 500 Murrey John W Iii Common Stock
May 10, 2019 Sell 500 Murrey John W Iii Common Stock
Mar 05, 2019 Sell 15 476 Harrison J Frank Iii Class B Common Stock
Show all Insider Trades
INSIDER POWER

0.698

Last 100 transactions
Buy: 889 170 | Sell: 1 274 664 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 619.90 3.82 %
610.20 2.19 %
604.21 1.19 %
Current price: 597.10
Support 584.83 -2.06 %
578.84 -3.06 %
569.15 -4.68 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 0 .
0 .
0 .
Current price 597.10
Support 590.00 -1.19%
487.76 -18.31%
480.00 -19.61%

Click to get the best stock tips daily for free!

About Coca-Cola Bottling Co. Consolidated

Coca-Cola Bottling Co Consolidated Coca-Cola Bottling Co. Consolidated, together with its subsidiaries, produces, markets, and distributes nonalcoholic beverages, primarily products of The Coca-Cola Company in the United States. It offers sparkling beverages comprising energy drinks; and still beverages, such as bottled water, tea, ready-to-drink coffee, enhanced water, juices, and sports drinks. The company holds cola beverage agreements and allied beverage agreements under which... Read more

Golden Star Signal

This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.

This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!

Get access to Golden Star list now!

StockInvest.usJoin 100 000+ Happy Subscribers

Don't miss out on the runners!

Get The StockInvest.Us Newsletter

StockInvest.usStock Podcast

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT