KO stock prediction for tomorrow
8/5/2024 05:14am
**Coca-Cola's stock (KO) is predicted to have a mixed performance tomorrow**. Here's a detailed analysis based on available data:
1. **Recent Performance**: Coca-Cola's stock has shown a positive trend recently, with a 1-week percentage change of 3.4% and a 1-month percentage change of 9.47%. This indicates a recent uptick in the stock's value.
|Ticker|Name|Interval Percentage Change|Date|code|market_code|
|---|---|---|---|---|---|
|KO.N|The Coca-Cola|9.474182851729038|20240705-20240802|KO|169|
|KO.N|The Coca-Cola|3.4004474272930665|20240729-20240802|KO|169|
2. **Moving Averages**: The stock's 5-day moving average is $67.71, its 10-day moving average is $66.72, and its 20-day moving average is $65.29. The proximity of the 5-day and 10-day moving averages suggests that the stock is experiencing short-term volatility.
|Ticker|Name|5-Day Moving Average|20-Day Moving Average|10-Day Moving Average|Date|code|market_code|
|---|---|---|---|---|---|---|---|
|KO.N|The Coca-Cola|67.7080|65.2925|66.7200|20240802|KO|169|
3. **Price Forecast**: The forecast price for Coca-Cola over the next ten trading days ranges from $69.77 to $71.33. This suggests that the stock could continue its upward trend but with a potential for slight fluctuations.
|Ticker|Name|Forecast Price|Date|code|market_code|
|---|---|---|---|---|---|
|KO.N|The Coca-Cola||20240804|KO|169|
|KO.N|The Coca-Cola|69.77208199|20240805|KO|169|
|KO.N|The Coca-Cola|69.5550467|20240806|KO|169|
|KO.N|The Coca-Cola|69.7063459|20240807|KO|169|
|KO.N|The Coca-Cola|70.24945523|20240808|KO|169|
|KO.N|The Coca-Cola|70.37879884|20240809|KO|169|
|KO.N|The Coca-Cola|71.13361055|20240812|KO|169|
|KO.N|The Coca-Cola|71.07441058|20240813|KO|169|
|KO.N|The Coca-Cola|70.92228813|20240814|KO|169|
|KO.N|The Coca-Cola|71.32714884|20240815|KO|169|
4. **Analyst Ratings**: The average price target for Coca-Cola is $69.79, with a high forecast of $75.00 and a low forecast of $62.00. This indicates a generally positive outlook from analysts.
5. **Market Sentiment**: Investor sentiment towards Coca-Cola has been positive, with a high level of interest from investors. This could contribute to continued demand for the stock.
6. **Earnings Release**: Coca-Cola's most recent earnings were released on April 30, 2024, with a financial report period covering March 29, 2024, to March 30, 2024. While this is not directly predictive of tomorrow's stock performance, it does provide a recent snapshot of the company's financial health.
7. **Company Fundamentals**: Coca-Cola has a diverse brand portfolio and has shown growth in revenue and earnings. This strong foundation could support continued stock price growth.
In conclusion, while there are indicators of both upward movement and short-term volatility, the overall trend for Coca-Cola's stock appears positive for tomorrow. However, investors should remain aware of potential fluctuations based on the proximity of the moving averages and the forecast price range.