Coca-Cola (KO) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for KO · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$86.56last close · Aug 4, 202652-week range $65.35$90.92 · 4.8% below the high

KO Rising Wedge Pattern

KO is currently forming a rising wedge on the daily timeframe. Detected Aug 4, 2026.

A rising wedge is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $76.44 (−7.1%). Across 9,519 backtested rising wedges, the setup followed through 50.0% of the time, averaging +0.19R; KO's own rising wedges have hit 55.0%.

DirectionBearishTarget$76.44Projected move−7.1%Breakout level$81.89

New to this pattern? What a rising wedge is and how to trade it →

KO's Most Recent Rising Wedge Trade

KO's most recent completed rising wedge resolved as a loss: it broke down on Jul 23, 2026 near $81.56, then was stopped out at $88.27 on Jul 28, 2026 — a -1.68R move (8.2%) over 3 sessions. Across 180 backtested rising wedges, this setup wins 52.2% of the time.

OutcomeLossResult-1.68REntry$81.56Exit$88.27

Learn about rising wedge

How Rising Wedges Have Performed

Win rate
50.0%
Avg return
+0.19R
Backtested trades
9,519
KO win rate
55.0%

Historical pattern statistics (2006-08-04 – 2026-08-04), not a prediction.

How these backtests work →

KO Pattern Trade History

Every completed pattern trade our nightly backtest found on KO's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Rising WedgeJul 23, 2026 @ $81.56Jul 28, 2026 @ $88.27Loss-1.68R
Rising WedgeJul 17, 2026 @ $82.66Jul 28, 2026 @ $88.27Loss-1.86R
Falling WedgeAug 7, 2025 @ $69.83Sep 8, 2025 @ $67.43Loss-1.15R
TriangleJul 25, 2025 @ $68.98Aug 11, 2025 @ $70.75Loss-1.03R
TriangleJul 16, 2025 @ $68.81Nov 21, 2025 @ $72.95Loss-1.14R
TriangleJun 13, 2025 @ $71.14Jul 28, 2025 @ $68.51Win+1.69R
Falling WedgeJan 6, 2025 @ $61.50Jan 30, 2025 @ $64.05Loss-1.05R
Rising WedgeJul 23, 2024 @ $65.52Aug 12, 2024 @ $68.17Win+0.82R
TriangleJul 17, 2024 @ $64.47Aug 12, 2024 @ $68.17Win+1.69R
TriangleApr 10, 2024 @ $59.08Apr 24, 2024 @ $61.55Loss-1.05R
TriangleApr 3, 2024 @ $60.05Apr 12, 2024 @ $58.20Win+1.34R
TriangleMar 27, 2024 @ $61.01Apr 10, 2024 @ $58.92Loss-1.02R

KO Support and Resistance Levels

On the weekly chart, price recently pushed up to $86.20 about a week ago and got turned back down. That spot is acting like a ceiling — a price area where sellers have stepped in before — and after being rejected at a ceiling like this, price more often heads lower from here than higher.

  • Why this matters: price only had to reach $86.20 at some point during the week — it didn't have to close the week there for that ceiling to count.
  • What would change it: Two weekly closes back above $86.42 — that's just above the $86.20 ceiling, so buyers would have taken it back and the case for lower prices would be gone.
  • How far it could go: a drop toward support line around $74.81 below — the first place the slide is likely to pause and take profit.
  • So far price hasn't really moved that way yet — it's still close to where it turned.

Nearest auto-detected support sits near $74.81, resistance near $97.14. These are chart/swing-derived levels, not formula pivots.

Resistance
$97.14$101.73
Support
$74.81

KO Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$85.79$86.68$85.16$86.56
Aug 3, 2026$88.48$88.48$86.63$86.86
Jul 31, 2026$87.66$88.00$86.82$87.59
Jul 30, 2026$87.63$88.64$87.21$88.49
Jul 29, 2026$88.65$90.92$88.64$89.08
Jul 28, 2026$88.30$90.22$86.25$88.27
Jul 27, 2026$83.08$84.14$82.50$84.07
Jul 24, 2026$81.57$82.33$80.90$82.25
Jul 23, 2026$81.67$81.87$80.88$81.17
Jul 22, 2026$82.85$82.92$81.96$82.20

KO Frequently Asked Questions

What chart pattern is KO forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a rising wedge on Coca-Cola (KO) on the daily chart, with a measured-move target of $76.44.
Is a rising wedge bullish or bearish?
The rising wedge detected on KO is a bearish pattern, projecting a measured-move target of $76.44. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a rising wedge pattern, and what is its win rate?
Across TradingPal's backtest of the rising wedge family (9,519 trades over 631 symbols), it resolved in the expected direction 50.0% of the time with an average of +0.19R. These are historical statistics, not a prediction.
What are the support and resistance levels for KO?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), KO's nearest support is around $74.81 and nearest resistance around $97.14.
What is the price target if KO's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $76.44 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was KO's closing price on Aug 4, 2026?
Coca-Cola (KO) last closed at $86.56 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.