Killy_Mel

DOW JONES OVERVIEW: COKE IS IN MACRO RANGE, SHORT TERM RISK

NYSE:KO   COCA-COLA COMPANY (THE)
Coca-Cola trades in macro range - on 5 and 10 year basis.

Price is now currently trading between 2 key levels. The lower level is 5-year (260 weeks) mean. The higher level is upper 1st standard deviation from 10-year (520 weeks) mean.

Price trading within 1 standard deviation is not trending, thus the range outlined above is lateral.

On short term basis, however price succeeded in falling below the 1st standard deviations from quarterly (66 days) and 1-year (264 days) means, thus it is on a downtrend risk here at the moment.

Overall situation hints that the price is likely to remain in the long term range for observable future (38.00-40.50)
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
中国
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out