CCEP.AS Forecast and Technical Stock Analysis
Sell candidate since 2019-08-12 Gain 0.61%
Coca-Cola European Partners Plc gained 1.13% in the last trading day ( Friday, 16th Aug 2019 ), rising from 48.80€ to 49.35€ , and has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 3.58% from a day low at 48.95€ to a day high of 50.70€. The price has risen in 6 of the last 10 days , but is still down by -1.3% for this period. Volume fell in the last day by -14 959 shares and in total, 14 118 shares bought and sold for approximately 696 723.00€. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.
- 30 day high of the CCEP.AS stock price was 52.40€ and low was 48.00€.
- 90 day high was 52.40€ and low was 48.00€.
- 52 week high for Coca-Cola European Partners Plc - 52.40€ and low - 35.60€.
Coca-Cola European Partners Plc is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Coca-Cola European Partners Plc with a 90% probability to be traded between 47.54€ and 50.64€ at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
A buy signal was issued from a pivot bottom point on Tuesday August 13, 2019, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Coca-Cola European Partners Plc holds a buy signal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at 50.28€. On a fall, the stock will find some support from the short-term average at 49.09€. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.
Relative Strength Index (RSI)
RSImin/max Values: [ 30 - 75 ]
RSI14 is 39 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Coca-Cola European Partners Plc finds support from accumulated volume at 49.25€.
In general the stock tends to have controlled movements, but the low liquidity has increased the risk substantially.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
2.52 %Average volatility
Very Low Low Medium High Very High
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 8.000 stocks usually only a few will trigger a Golden Star Signal per day!