Previous Hold Today KO ranks #1447 as HOLD CANDIDATE. Next Hold
Today KO ranks #1447 as HOLD CANDIDATE.

KO stock Coca-Cola Company (The)

KO stock
Coca-Cola Company (The)

23 January 2019
Change 1.15%
Chart period: 2018-10-24 - 2019-01-23
VOLUME
Buy
TREND
Sell

MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Buy
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Coca-Cola Company (The) Stock Analysis

Technical stock analysis for 23 January 2019

Hold candidate since 2019-01-23
Shorts 1.79% ( 2018-12-31 )
Cash 20 675.0 mill
Loans 47 685.0 mill
Beta 0.56
ROA 3.17

Coca-Cola Company (The) gained 1.15% in the last trading day, rising from $47.72 to $48.27 , and 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. The price has risen in 7 of the last 10 days and is up by 1.66% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 0.08 million more shares were traded than the day before. In total, 11.37 million shares bought and sold for approximately $548.79 million.

Close price at the end of the last trading day (Wednesday, 23rd Jan 2019) of the KO stock was $48.27. This is 1.15% more than the trading day before Tuesday, 22nd Jan 2019.

During day the stock fluctuated 1.34% from a day low at $47.65 to a day high of $48.29.

30 day high of the KO stock price was $48.29 and low was $45.66.
90 day high was $50.84 and low was $45.43.
52 week high for the Coca-Cola Company (The) - $50.84 and low - $41.45.

Trend

Coca-Cola Company (The) lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -2.87% during the next 3 months and, with 90% probability hold a price between $43.23 and $48.15 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

Coca-Cola Company (The) holds buy signals from both short- and long-term moving averages, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down there will be some support from the lines at $47.47 and $47.96. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday January 09, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.

The stock had a Golden Star Signal* on Friday January 11, 2019 in the medium-term chart.

* Golden Star Signal* is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSI14 is 60 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Coca-Cola Company (The) finds support from accumulated volume at $47.88.

Support: $47.88 Price: $48.27 Resistance: $49.37

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.64 (1.34%) between high and low. For the last week, the stock has had a daily average volatility of 1.13%.

Our recommended stoploss: $45.80 (-5.12%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 9 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation

Coca-Cola Company (The) holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level we recommend to hold or accumulate in this position whilst awaiting for further development. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Hold/Accumulate.

Previous Hold Today KO ranks #1447 as HOLD CANDIDATE. Next Hold
Today KO ranks #1447 as HOLD CANDIDATE.