range-bound

Killy_Mel Killy_Mel KO, D, a year ago
KO: DOW JONES OVERVIEW: COKE IS IN MACRO RANGE, SHORT TERM RISK
46 0 2
KO, D
DOW JONES OVERVIEW: COKE IS IN MACRO RANGE, SHORT TERM RISK
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 ...
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