• Return to Headlines

Next Resistance Level for Coca-Cola Co/The (KO) is $47.10

By Shiri Gupta

Coca-Cola Co/The (NYSE:KO) has opened bullishly above the pivot of $46.92 today and has reached the first level of resistance at $47.04. Analysts will be watching for a cross of the next upside pivot targets of $47.10 and $47.28.

There is potential upside of 5.6% for shares of Coca-Cola Co/The based on a current price of $47.08 and an average consensus analyst price target of $49.73. The stock should find initial support at its 200-day moving average (MA) of $46.73 and further support at its 50-day MA of $46.45.

Coca-Cola Co/The share prices have moved between a 52-week high of $50.84 and a 52-week low of $41.45 and are now trading 14% above that low price at $47.08 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.2%.

SmarTrend is tracking the current trend status for Coca-Cola Co/The and will alert subscribers who have KO in their portfolio or watchlist when shares have changed trend direction.

Keywords: pivot alerts coca-cola co/the

Ticker(s): KO