Coca Cola Analysis / RSI divergence Hello everyone, as we all know the market action discounts everything :)
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The KO stock has been doing great lately, where in the last 2 weeks the price jumped from $54.28 and reached $56.92 today almost a 5% increase.
Both the short-term and long-term trends are positive. This is a very positive sign.
KO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
KO has an average volume of 14981700. This is a good sign as it is always nice to have a liquid stock.
Possible Scenario for the market :
Looking at how the stock has been doing lately we notice a strong Bullish movement that will lead the stock to the first resistance line at $56.95, if the Bulls were able to push further and breakout that resistance then we could be seeing the stock reaching the $57.92 range by the end of the week.
In case they weren't able to breakout the first resistance then a correction wave will happen that will cause the price to drop back the support line at $56.13.
Technical indicators show :
1) The market is above the 5 10 20 50 100 and 200 MA and EMA (Strong Bullish Sign)
2) The MACD is above the 0 line indicating a Bullish market with a positive crossover between the MACD line and the Signal line
3) The RSI is 64.84 showing great strength. with a small Bullish divergences
Weekly Support & Resistance points :
support Resistance
1) 56.14 1) 57.03
2) 55.67 2) 57.45
3) 55.25 3) 57.92
Fundamental point of view :
Kepler Capital analyst Richard Withagen maintained a Buy rating on Coca-Cola (NYSE:KO) Europacific Partners on Tuesday, setting a price target of EUR59, which is approximately 17.15% above the present share price of $57.8.
The current consensus among 10 TipRanks analysts is for a Moderate Buy rating of shares in Coca-Cola Europacific Partners, with an average price target of $66.65.
The analysts price targets range from a high of $76 to a low of $48.78.
Coca-Cola European Partners (NASDAQ:CCEP) Plc engages in the distribution and sale of ready-to-drink beverages. It operates through the following brands: Coca-Cola, Diet Coke or Coca-Cola Light, Coke Zero, Coca-Cola Life, Fanta, and Sprite. It also offers energy drinks, waters, juices, sports drinks, and ready-to-drink teas. The company was founded on August 4, 2015 and is headquartered in Uxbridge, the United Kingdom.
This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts and News for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.
KO
KO (Coca-Cola Company) Target Price 57.55KO (Coca-Cola Company) show signs of more bullish moves. On the H1, H2, H3, H4, and Daily Chart:
@higher lows were created,
@EMA 10 is above the EMA 20
Charts shown below are H1, H2, H3, H4, and Daily Chart:
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Charts below were the best entry points:
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KO making a corrective formation against the ascending trendlineToday we will speak about The Coca - Cola Company.
Main items we can see on the chart:
a) The price is making a corrective formation (yellow lines)
b) Currently that structure is supported on a previous resistance level + the bullish trendline
c) The next resistance zone we have is the previous ATH. That's why we are gonna use that level as a target
d) Our main view right now is: IF the price reaches the green horizontal line, we will take that as a confirmation for the bullish movement towards the next resistance level
Thanks for reading!
KO great risk/reward short setupBearish divergence on the daily RSI in perfect confluence with the top resistance of this rising wedge pattern gives a great risk/reward trade setup. I dont trade stocks personally, but i chart some stocks for a family member and found this rising wedge about a week ago, and just now confirming bearish divergence on the daily RSI. Just something I thought some people here may find interesting.
Technical analysis update: KO (12th July 2021)The Coca Cola Company lacks a trend at the moment. This is reflected in low ADX value on daily timeframe. However, RSI, MACD and Stochastics are turning bullish. Support currently sits at 53.55 USD while resistance appears at 56.48 USD. We think there is potential for KO to resume its previous bullish trend and move above its resistance. Because of that we would like to update our medium term price target for KO to 56.50 USD.
Disclaimer: This analysis is not intended to encourage buying or selling of any particular securities. Furthermore, it should not serve as basis for taking any trade action by individual investor. Your own due dilligence is highly advised before entering trade.
A MONSTER trade - Don't Hold Til Expiration!In this video I present a cautionary tale from trading history to show why it is a very bad idea from a risk management standpoint to hold options until expiration. This example comes from NASDAQ:MNST in 2014 when NYSE:KO made a surprise announcement that led to a huge move in the stock.
Coca cola Long Shortly after Portuguese soccer star Cristiano Ronaldo slid two Coca-Cola bottles away from him during a press conference on Monday, at least $4 billion was wiped off the soft drink company's market value, according to data from stock market research platform Macrotrends.
Every action has a reaction on the financial markets. This was one GOLDEN opportunity to sell coca cola on the markets.
We expecting for a correction this coming week, Our target price level is $58.48.
Sector early indicator? No, Consumer Staples, not that much.The Consumer Staples sector - here represented by Procter & Gamble (PG, in pink), Coca Cola (KO, in yellow) and PepsiCo (PEP, in purple) - are mostly not strong early indicators against the broader market (here represented by the DJIA in gray, and the NASDAQ in black)... KO & PEP fell from peaks in July 1998, then a period of over six months of weak underperforming prices from Dec 2014, a period of around two and a half months of weak underperforming prices from Aug 2017, then weak underperforming prices for KO & PEP during all of Aug 2018, and a period of around two and a half months of weak underperforming prices from mid Oct 2019.
COCA-COLA | FUNDAMENTAL ANALYSIS ⭐️Coca-Cola shareholders are getting one of the highest dividends in Wall Street history. The corporation has been paying dividends for more than a century, and in 2021 it raised its annual payout for the 59th consecutive year. But AT&T just recently showed the market a severe hint that even companies with a long tradition of dividend increases can't guarantee that those regular raises will last forever.
So now is a good time for investors to take a closer look at Coca-Cola and estimate its ability to remain an outstanding company with a high dividend.
Coke's 2% dividend increase in February brought its annual payout to $1.68 per share. Those who buy the stock at the current price will get a yield of about 3.1%, more than double the current S&P 500 average yield of about 1.4%.
What's more, Coca-Cola, with more than 50 consecutive years of growth under its belt, is the Dividend King, a pretty rare title. Such a track record can lend additional confidence to income-oriented investors, as maintaining such momentum requires long-term balance sheet stability. Because of that, some rank Coca-Cola among the safest dividend stocks in the world.
Of course, dividend stocks cannot explicitly guarantee future payouts. Nevertheless, since a rejection of such a massive series would likely cause a detrimental loss of confidence in Coca-Cola stock, investors can feel a high degree of confidence that management will make continued payout growth a priority.
This beverage company's portfolio extends far beyond its flagship Coke brand and even soda. The company now owns about 200 brands, including such familiar names as Minute Maid orange juice, Honest Tea, Costa Coffee, and Topo Chico mineral water.
In 2020, the company introduced Topo Chico, low-alcohol carbonated water (hard-seltzer) in the Mexican and Brazilian markets, and earlier this year brought it to the United States. It's the company's first entry into the spirits market after a brief stint in the wine business 40 years ago.
Despite this broad range, however, investors have to look deeper to find the company's competitive advantages. Products such as water, tea, coffee, or juice can hardly be called unique. Nevertheless, Coca-Cola stands out largely because of the brand recognition it has built over many decades.
High spending on marketing around the world helps ensure this recognition. In addition, the fact that the company charges competitive prices for its products contributes to both recognition and loyalty.
Such advantages help the company generate the profits and free cash flow needed to pay dividends for decades to come. In 2020, Coca-Cola generated just under $8.7 billion in free cash flow when its payout was just over $7 billion.
However, the fact that 81% of the company's free cash flow now goes to dividends is cause for concern. Notably, that percentage has remained unchanged from 2019 levels. When cash flow declined because of the pandemic, Coca-Cola management cut spending on fixed assets by 43%. This kept the share of cash flow going to dividends the same.
In addition, current revenue and earnings trends do not bode well. Earnings are down 11% in 2020, and non-GAAP net income is down 6% as the company has cut operating expenses.
The pandemic-related foodservice closures were largely responsible for last year's decline in sales. However, Coca-Cola's revenue growth rate has long been in the single-digit percentage range, and the company is projecting only single-digit revenue growth in 2021, despite the projected economic recovery this year.
In addition, new investors will have to pay dearly for relatively sluggish growth. Over the past 10 years, Coca-Cola's stock price has risen only 62%, compared to a rise of more than 216% for the S&P 500. Yet despite this weak performance, the stock trades at 33 times earnings, exceeding the long-term historical averages for the S&P 500.
Although Coca-Cola generates above-average returns, potential new investors have good reason to hesitate. Dividend costs already leave Coca-Cola with little to invest in the business. Thus, investors should anticipate only humble payout increases. Furthermore, if the company fails to increase revenues significantly over the next few years, its dividend hike streak could be in jeopardy. With all this in mind, investors should look for higher-yielding stocks that can afford to cover their payouts.
Fresh Local High for KO. What's next?Fresh Local High for KO. What's next?
-Today, we will speak about KO. Since the bottom of March 2020, the price has been moving on a bullish trend. It's not the most beautiful bullish trend you have ever seen, of course. BUT the sequence of Higher Highs and Higher Lows provides us with a clear idea of the major trend.
-Using Trendlines (White lines), we can define the higher and lower boundaries of the bullish trend we observe. These lines are beneficial to establish which are the limits of the ascending situation. In general terms: IF the price is above the Bullish Major Trend, we should keep thinking in long situations.
-Yesterday (10/05/2021), the price made a new local high above the previous one at 54.96. We can see that at the current level, we have a significant resistance zone since September 2019
-So, what can we expect here?. The ideal scenario would be to wait for a correction that fits the size of the circle and presents similar proportions in time as the one that we observed before on DEC 19 - JAN 2020
-If that scenario happens, the breakout of that structure would be a great confirmation to look for Bullish setups or situations towards the next resistance zone at 59 - 60. Please consider these two things
-1)Waiting for Corrective patterns before trading provides you with a better trigger in terms of safety than trading with a market order. However, the disadvantage is that if the correction you are waiting for does not happen, you miss the movement.
-2) The corrective patterns may happen at the edge or above a support resistance zone; it's important to keep in mind that you are looking for a retracement and adapting that idea to the infinite variations the market makes.
Thanks for reading!
Cola-Cola: Ready for Take-Off 🔜🔜🔜The Coca-Cola stock has proven to be one of the more stable stocks in the world. It shows a long history of growth and another push should come very soon as the price is testing the $54.61 resistance. Once over this threshold, the way is paved for higher prices!
Another day, another opportunity!
$NIO TO $50+ 🚀$NIO broke out our triangle confirming a BULLISH regersal trend. If you want in.... I suggest to buy in before earnings May 1st. We can see some crazy prices/run up into the newest delivery numbers set to be announced. I am bullish on this trade set up, a price trend over $40 can easily confirm a solid run to $50+. Keep $NIO stock on your watchlist this week and the next 🚀
KO - A beautiful Elliot waveYo!
just wanted to share KO stock Elliot wave, a bit hard to see I didn't manage to fit every thing in 1 shot ( you can zoom in :) ).
Also a nice Divergences before the wave!
Do not refer to Harmonic patterns.. Probably it is not true Cola stock is not characterized by this pattern (just an attempt).
(Sorry for my English.. not my main language)
Cheers,
t437.
NYSE:KO