RSI low/high Values: [ 20 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CCH.L
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Coca-Cola HBC AG stock price ended at £2,518.00 on Wednesday, after gaining 0.319%.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Feb 14, 2024 Gain 5.71% PDF

The Coca-Cola HBC AG stock price gained 0.319% on the last trading day (Wednesday, 27th Mar 2024), rising from £2,510.00 to £2,518.00. It has now gained 5 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 last trading day the stock fluctuated 1.80% from a day low at £2,504.00 to a day high of £2,549.00. The price has risen in 7 of the last 10 days and is up by 1.74% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 144 thousand more shares were traded than the day before. In total, 660 thousand shares were bought and sold for approximately £1.66 billion.

The stock lies in the upper part of a wide and weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at £2,567.54 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 9.48% during the next 3 months and, with a 90% probability hold a price between £2,514.81 and £2,811.00 at the end of this 3-month period.

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CCH.L Signals & Forecast

The Coca-Cola HBC AG 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 £2,479.86 and £2,440.26. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, February 08, 2024, and so far it has risen 15.66%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Coca-Cola HBC AG stock

Coca-Cola HBC AG finds support from accumulated volume at £2,480.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved £45.00 between high and low, or 1.80%. For the last week the stock has had daily average volatility of 1.39%.

Our recommended stop-loss: £2,424.83 (-3.70%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 34 days ago.)

Trading Expectations (CCH.L) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Coca-Cola HBC AG to open at £2,523.67, and during the day (based on 14 day Average True Range), to move between £2,482.67 and £2,553.33, which gives a possible trading interval of +/-£35.33 (+/-1.40%) up or down from last closing price. If Coca-Cola HBC AG takes out the full calculated possible swing range there will be an estimated 2.81% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ £2,480.00, some £38.00 (1.51%) from the current price of £2,518.00, our system finds the risk reward attractive.

Is Coca-Cola HBC AG stock A Buy?

Coca-Cola HBC AG holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

Current score: 6.228 Strong Buy Candidate Unchanged

Predicted Opening Price for Coca-Cola HBC AG of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£2,523.67 ( 0.225%) £2,518.00

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

Trading levels for CCH.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 2,568.67 2.01 %
R2 2,551.48 1.33 %
R1 2,540.86 0.91 %
Current price: 2,518.00
Support S1 2,506.48 -0.458 %
S2 2,495.86 -0.88 %
S3 2,478.67 -1.56 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 2,518.00
Support S1 2,480.00 -1.51%
S2 2,476.00 -1.67%
S3 2,475.00 -1.71%

CCH Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 25, 2023 May 25, 2023 May 25, 2023 £78.00 3.26%
2 May 19, 2022 Jul 07, 2022 Aug 02, 2022 £71.00 3.61%
3 May 21, 2021 Jul 08, 2021 Aug 03, 2021 £64.00 2.31%
4 May 14, 2020 Jul 02, 2020 Jul 28, 2020 £62.00 3.01%
5 May 14, 2019 Jul 04, 2019 Jul 30, 2019 £200.00 6.98%

FAQ

What is the symbol for Coca-Cola HBC AG Stock and on which exchange is it traded?
The symbol for Coca-Cola HBC AG is CCH.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Coca-Cola HBC AG Stock?
Coca-Cola HBC AG holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

How to buy Coca-Cola HBC AG Stock?
Coca-Cola HBC AG Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Coca-Cola HBC AG Stock.

What's the current price of Coca-Cola HBC AG Stock?
As of the end of day on the 2024-03-27, the price of an Coca-Cola HBC AG (CCH.L) share was £2,518.00.

What is the 52-week high and low for Coca-Cola HBC AG Stock?
The 52-week high for Coca-Cola HBC AG Stock is £2,582.00 and the 52-week low is £2,065.00.

What is the market capitalization of Coca-Cola HBC AG Stock?
As of the 2024-03-27, the market capitalization of Coca-Cola HBC AG is 9.192B.

When is the next earnings date for Coca-Cola HBC AG?
The upcoming earnings date for Coca-Cola HBC AG is Aug 07, 2024.
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About Coca-Cola HBC AG

Coca-Cola HBC AG Coca-Cola HBC AG engages in the production, distribution, and sale of non-alcoholic ready-to-drink beverages worldwide. The company offers sparkling soft drinks, hydration drinks, juices, ready-to-drink tea, energy drinks, coffee, water, plant-based drinks, premium spirits and flavored alcoholic beverages, and snacks. It markets and sells its products under several brands, including Coca-Cola, Fanta, Sprite, Adez, Aquarius, Averna, Amita, Avra, D... CCH.L Profile

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