NYSE trade advice (A): US beverages stock | 4-5% gain | USA stock trading idea on 25 Jun 2024

Date
June 25, 2024
Analysed By
Naranj Capital Research Desk
Stock Market
NYSE, United States of America

Swing Trading Advice in US Stocks

  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Coca-Cola
  • 63 – 63.5
  • 66 – 66.5
  • Below 62
  • 4% - 5%
  • 12 - 14 Days
  • Buy
    Coca-Cola
  • Buy
    Range
    63 – 63.5
  • Target
    66 – 66.5
  • Stoploss
    Below 62
  • Upside
    Potential
    4% - 5%
  • Trade
    Duration
    12 - 14 Days
  • * Once the first target hit, reset the StopLoss at your buying price.

    Coca-Cola (NYSE: KO) - Stock Overview

  • NYSE Code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • KO
  • Coca-Cola
  • Beverages
  • 64.36
  • 51.55
  • NYSE Code KO
  • Stock Name Coca-Cola
  • Sector Beverages
  • 52 Weeks High 64.36
  • 52 Weeks Low 51.55
  • Coca-Cola (NYSE: KO) vs NYSE - Relative Strength Comparison

    The image highlights Coca-Cola's performance over the last year versus NYSE.
    Relative Performance - Last 1 Year
    KO —   NYSE —

  • Coca-Cola (NYSE: KO) - Technical Analysis (Daily)

    Coca-Cola - Technical Analysis chart on Daily Price and Volume
    Coca-Cola - Technical Analysis chart on Daily Price and Volume

    • There was a period of significant consolidation in the price recently.
    • A notable rejection occurred around the 63 level, resulting in a substantial correction.
    • Eventually, the price found support near the 51 level and started moving upwards.
    • After a long journey, the price is now nearing its previous resistance level and is expected to break out soon.
  • Coca-Cola (NYSE: KO) - RSI Indicator

    Coca-Cola stock analysis based on RSI Indicator
    Coca-Cola - RSI Indicator

    • Current RSI of this stock is 61.86, which indicates the strength of buyers.

  • Coca-Cola (NYSE: KO) - EMA Crossover

    Coca-Cola stock analysis based on EMA Crossover
    Coca-Cola - EMA Crossover

    • The short length exponential moving average (10 EMA) has just crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.

  • Coca-Cola (NYSE: KO) - OBV Indicator

    Coca-Cola stock analysis based on OBV Indicator
    Coca-Cola - OBV Indicator

    • The OBV line is moving in the same upward direction which means there is a positive sentiment in the market. Also the significant price up move accompanying with increasing OBV volume suggests strong buying pressure.

  • Conclusion - Coca-Cola (NYSE: KO) Stock Price Forecast

    Based on our short term trading in the US stock market, Coca-Cola stock price target will be USD 66 - USD 66.5 in the next 12-14 trading sessions.

  • Share with
    0 0 votes
    Article Rating
    Subscribe
    Notify of
    guest
    0 Comments
    Inline Feedbacks
    View all comments
    Join Our Telegram Channel for Saudi Stock Market Update
    Saudi Stock Analysis
    Join Our Telegram Channel for USA Stock Analysis Update

    Target hit. Trade closed.

    25 Jun 2024
    23 Jul 2024
    25 Jul 2025
    17 days
    Loss per
    100,000 SAR
    Stop-loss
    62
    Buy Advice
    25 Jun 2024
    63 – 63.5
    Target 1
    23 Jul 2024
    66
    Target 2
    25 Jul 2025
    66.5
    Profit per
    100,000 SAR
    17 days
    5,556
    62
    63 – 63.5
    66
    66.5
    5,556
    25 Jun 2024
    23 Jul 2024
    25 Jul 2025
    17 days
    Loss per
    100,000 SAR
    Stop-loss
    62
    Buy Advice
    25 Jun 2024
    63 – 63.5
    Target 1
    23 Jul 2024
    66
    Target 2
    25 Jul 2025
    66.5
    Profit per
    100,000 SAR
    17 days
    5,556
    62
    63 – 63.5
    66
    66.5
    5,556
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Coca-Cola
  • 63 – 63.5
  • 66 – 66.5
  • Below 62
  • 4% - 5%
  • 12 - 14 Days
  • Buy Coca-Cola
  • Buy
    Range
    63 – 63.5
  • Target 66 – 66.5
  • Stoploss Below 62
  • Upside
    Potential
    4% - 5%
  • Trade
    Duration
    12 - 14 Days
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Coca-Cola
  • 63 – 63.5
  • 66 – 66.5
  • Below 62
  • 4% - 5%
  • 12 - 14 Days
  • Buy
    Coca-Cola
  • Buy
    Range
    63 – 63.5
  • Target
    66 – 66.5
  • Stoploss
    Below 62
  • Upside
    Potential
    4% - 5%
  • Trade
    Duration
    12 - 14 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    Coca-Cola (NYSE: KO) - Stock Overview

  • NYSE Code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • KO
  • Coca-Cola
  • Beverages
  • 64.36
  • 51.55
  • NYSE Code KO
  • Stock Name Coca-Cola
  • Sector Beverages
  • 52 Weeks High 64.36
  • 52 Weeks Low 51.55
  • Company profile

    Coca-Cola is a global beverage company that produces, markets, and sells various non-alcoholic beverages, including sparkling soft drinks, water, sports, coffee, tea, juice, and plant-based beverages. The company operates through various brands and distributors, and was founded in 1886 in Atlanta, Georgia. It operates through independent bottling partners, distributors, wholesalers, and retailers.

  • Coca-Cola (NYSE: KO) vs NYSE - Relative Strength Comparison

    The image highlights Coca-Cola's performance over the last year versus NYSE.
    Relative Performance - Last 1 Year
    KO —   NYSE —

  • Coca-Cola (NYSE: KO) - Technical Analysis (Daily)

    Coca-Cola - Technical Analysis chart on Daily Price and Volume
    Coca-Cola - Technical Analysis chart on Daily Price and Volume

    • There was a period of significant consolidation in the price recently.
    • A notable rejection occurred around the 63 level, resulting in a substantial correction.
    • Eventually, the price found support near the 51 level and started moving upwards.
    • After a long journey, the price is now nearing its previous resistance level and is expected to break out soon.
  • Coca-Cola (NYSE: KO) - RSI Indicator

    Coca-Cola stock analysis based on RSI Indicator
    Coca-Cola - RSI Indicator

    • Current RSI of this stock is 61.86, which indicates the strength of buyers.

  • Coca-Cola (NYSE: KO) - EMA Crossover

    Coca-Cola stock analysis based on EMA Crossover
    Coca-Cola - EMA Crossover

    • The short length exponential moving average (10 EMA) has just crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.

  • Coca-Cola (NYSE: KO) - OBV Indicator

    Coca-Cola stock analysis based on OBV Indicator
    Coca-Cola - OBV Indicator

    • The OBV line is moving in the same upward direction which means there is a positive sentiment in the market. Also the significant price up move accompanying with increasing OBV volume suggests strong buying pressure.

  • Conclusion - Coca-Cola (NYSE: KO) Stock Price Forecast

    Based on our short term trading in the US stock market, Coca-Cola stock price target will be USD 66 - USD 66.5 in the next 12-14 trading sessions.

  • Share with
    0 0 votes
    Article Rating
    Subscribe
    Notify of
    guest
    0 Comments
    Inline Feedbacks
    View all comments

    Join Our Telegram Channel for USA Stock Market Update

    USA Stock Analysis

    Details of Arijit Banerjee

    Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.

    Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.

    Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.

    If you’re interested in learning more about Arijit’s work or Naranj Capital’s services, you can reach out to them directly through their website