• user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 461438 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT COUNT(sid) AS count FROM sessions WHERE timestamp >= 1419307845 AND uid = 0 in /var/www/www.fnno.com/htdocs/includes/session.inc on line 111.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT DISTINCT u.uid, u.name, s.timestamp FROM users u INNER JOIN sessions s ON u.uid = s.uid WHERE s.timestamp >= 1419307845 AND s.uid > 0 ORDER BY s.timestamp DESC in /var/www/www.fnno.com/htdocs/modules/user/user.module on line 765.

Bearish Moving Average Cross by Coca-Cola Enterprises (CCE)

Published on Mon, 03/18/2013 - 11:29
By Robert Cotter

Coca-Cola Enterprises (NYSE:CCE) crossed under its 10-day moving average of $36.02 on a volume of 369K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

Coca-Cola Enterprises share prices have moved between a 52-week high of $36.57 and a 52-week low of $26.05 and are now trading 38% above that low price at $35.92 per share. Over the past week, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 1.3%.

Coca-Cola Enterprises Inc. markets, sells, manufactures, and distributes non-alcoholic beverages. The Company provides refreshments, including sparkling waters, juices, isotonics, teas, and sodas. Coca-Cola Enterprises operates internationally.

There is potential upside of 5.7% for shares of Coca-Cola Enterprises based on a current price of $35.92 and an average consensus analyst price target of $37.98. The stock should discover initial support at its 50-day moving average (MA) of $34.93 and subsequent support at its 200-day MA of $31.06.

By Robert Cotter
rcotter@fnno.com

Latest News from FNNO

Watch for Continued Gains in Shares of T...

Shares of T Rowe Price (NASDAQ:TROW) traded today at $87.45, breaking its 52-week high. ...

Shares of TriQuint Semiconductor Rise to...

Shares of TriQuint Semiconductor (NASDAQ:TQNT) traded today at $27.36, breaking its 52- ...

TJX Cos: The Winning Streak Continues (T...

TJX Cos (NYSE:TJX) traded today at a new 52-week high of $67.49. This new high was rea ...

TreeHouse Foods: The Winning Streak Cont...

Shares of TreeHouse Foods (NYSE:THS) traded at a new 52-week high today of $88.52. So ...

Recent 52-Week High Exceeded in Shares o...

Taser International (NASDAQ:TASR) traded at a new 52-week high today of $26.39. So far ...

TravelCenters of America Looks to Contin...

Shares of TravelCenters of America (AMEX:TA) traded at a new 52-week high today of $12. ...

Recent 52-Week High Exceeded in Shares o...

Shares of Sensient Technologies (NYSE:SXT) traded at a new 52-week high today of $61.74 ...

Watch for Continued Gains in Shares of S...

Shares of Skyworks Solutions (NASDAQ:SWKS) traded today at $74.18, breaking its 52-week ...