CCH.L breaks below previous session low


Coca-Cola HBC AG (CCH.L) Technical Analysis Report for May 17, 2018 [< 1 min read]
Highlights
CCH.L closes lower for the 2nd day in a row
CCH.L breaks below previous session low
TQ Sentiment
Report Sentiment: 0% Neutral
Technical Forecast:
Overview

Moving lower for the 2nd day in a row, CCH.L ended Thursday at 2574.00 losing £24.00 (-0.92%). Closing below Wednesday's low at 2578.00, the share confirms its breakout through the previous session's low having traded £10.00 below it intraday.

Daily chart for CCH.L
Volatility

Thursday's trading range was £26.00 (1.01%), that's below last trading month's daily average range of £44.25. Things look different on a weekly scale, where volatility is way above the markets average with the monthly volatility being slightly below average.

Support/Resistance

Prices are trading close to a key support level at 2566.00.

Trend

The trend is clearly bullish, showing an intact uptrend in the short, medium and long-term.

Conclusion

While classical technical analysis indicates a neutral sentiment for the next trading day, our quantitative statistics show a different picture being bullish.

Market Conditions for Coca-Cola HBC AG
Condition Forecast Direction Win Avg Worst Best Events
Bearish Break through SMA 50 TQ Pro Members Only
Down Close Near Low of Period TQ Pro Members Only
Close to S1 Support TQ Pro Members Only
Bearish Closing Marubozu TQ Pro Members Only
Close near low of period TQ Pro Members Only
More market conditions identified for TQ Pro members...
Learn more about TQ Pro
Latest Report:

CCH.L closes within prior day's range

Aug 14, 2018
Trending Assets

Upgrade your trading!

Get the stats behind the charts

Find out what happened when Coca-Cola HBC AG traded like this in the past. See the odds for each technical pattern with expected gain and loss.

Signup
Stocks Top Movers
NKY 22,356.08498.65 2.28%
NATGAS 2.9550.029 0.99%
ASX 6,299.6047.40 0.76%
SPX 2,841.7619.83 0.70%
NDX 7,449.8648.69 0.66%
CAC 5,403.41-8.91 -0.16%
TBOND 143.875-0.344 -0.24%
GBPUSD 1.2722-0.0043 -0.34%
FTSE 7,611.64-30.86 -0.40%
EURUSD 1.1344-0.0065 -0.57%
Start your day with the facts moving the markets
By clicking "Subscribe", you agree to our terms and privacy policy.

Related Stocks

ABBV 10 day candlestick chart for ABBV96.14 -0.64
-0.66%
ACN 10 day candlestick chart for ACN161.24 1.01
0.63%
ADBE 10 day candlestick chart for ADBE256.05 2.51
0.99%
AAP 10 day candlestick chart for AAP154.80 9.96
6.88%
AES 10 day candlestick chart for AES13.52 0.14
1.05%
AET 10 day candlestick chart for AET197.11 2.40
1.23%
AFL 10 day candlestick chart for AFL46.51 0.21
0.45%
AMG 10 day candlestick chart for AMG147.35 0.95
0.65%
A 10 day candlestick chart for A66.99 1.05
1.59%
ABT 10 day candlestick chart for ABT63.74 0.31
0.49%