KO
(Last Updated April 15, 2021)
Welcome to the news page for Coca Cola Co (KO). Below you’ll find our daily market updates. Here’s a technical and fundamental summary of where things currently stand:
The Trend
On Coca Cola Co, there is currently a clear uptrend on the 30 day timeframe.
KO Moving Averages
The moving averages on KO summarize its price action in an interesting way. Of the 20, 50, 100, and 200 day averages — three of them (all but the 100) — are bullish, suggesting the trend is generally upward, save for a fall that occurred about 3 months ago.
Below is a chart showing KO’s price with its moving averages.
Coca Cola Co (KO) 2 Day Up Streak Snapped, Crosses 20 Day Moving Average; in an Uptrend Over Past 30 Days
From a hourly perspective, the market looks fairly choppy; clear trends aren’t showing up on the 20, 50 and 100 hour timeframes.
Coca Cola Co (KO) Heads Up For the 2nd Straight Day; Eyes 20 Day Average
Given that we see an uptrend on the 20 and 5 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
Coca Cola Co (KO) 2 Day Down Streak Snapped, Crosses 20 and 200 Day Moving Averages; Price Base in Formation Over Past 14 Days
Price action traders in particular will want to note that the 14 day period appears to show price forming a base; this could indicate that a support/resistance level is developing.
Coca Cola Co (KO) Down 2.35%, Breaks Below 20 and 200 Day Averages; Price Base in Formation Over Past 14 Days
Regarding the trend, note that the strongest trend exists on the 20 hour timeframe.