Coca-Cola: 11th week of the buy signal, +8.4%
Coca-Cola stock climbs 6.5% near record highs as the buy signal cools
Coca-Cola: 11th week of the buy signal, +8.4%
Our view last week
Coca-Cola's daily bar saw almost all of its volume land on the buy side, 94% of the session's trade: a clear sign of participation, even as price stays boxed into a tight band between the resistance of the daily VWMA and the support of the pivot average. Coca-Cola shares head into earnings week with the weekly structure still clean - 0 warning signs across 11 price action components - but with the MACD starting to lose its shine.
This week's summary
Coca-Cola stock climbs 6.5% in a week and moves back near its record highs, with the weekly ADX rising and the MACD improving. The technical picture stays orderly, but signal strength drops to 33 out of 100: the buy signal is losing steam. The trade is already up 8.4% since entry, with all three model targets already hit.
IQS Phase
74
in tension
Signal Strength
33
medium · weak
Sizing
REDUCED
Ranking
#105 / 120
US stocks in progress
Trade P&L %
+8.38%
from signal to date, no stop loss
Rank position
ranks 105th among the 120 Longs already running for US stocks in our ranking, with a signal strength of 33 out of 100.
Sector context
SectorDefensive Staples
Benchmark ETFXLP
Sector regimein positive regime
Performanceweekly +1.09% · monthly +2.10%
KO belongs to the defensive staples sector (reference ETF XLP). The sector is classified in positive regime according to our weekly reading.
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