KO: Bull Flag detected on 14 Sep 2026

Coca-Cola is forming a bull flag pattern with the stock trading at $88.29, positioned between key support at $85.16 and resistance at $90.92. The structure score of 12.2/15 indicates a well-defined consolidation following prior uptrend momentum. Volume ratio of 0.69 reflects below-average participation during flag formation, which is typical. The breakout score of 11.0/13 suggests the pole and flag geometry are properly proportioned. RSI at 51.52 is neutral, not overbought, supporting continuation potential. Overall pattern score of 62.7/98 with 53.17% win probability indicates a modest-quality setup with slightly better-than-coin-flip odds.

Coca-Cola operates in a neutral consumer staples sector (regime score -0.17) amid a bearish broader market regime (score -0.23). The stock is up 7.68% over three months but flat to slightly negative over the past two weeks (-0.86%), suggesting consolidation after earlier gains. KO trades 4.54% below its 52-week high but 37.89% above its 52-week low, indicating recovery from pandemic-era lows. The flat one-week performance and modest two-week decline suggest institutional indecision, typical before major earnings or guidance revisions. Consumer staples typically exhibit defensive characteristics in risk-off environments, which may explain why KO is holding above support despite bearish market regime.

A successful bull flag breakout would see KO close above resistance at $90.92 on above-average volume (exceeding the 20-day average of 14.47M shares). The measured move target of $91.73 represents approximately 1.63% upside from current levels, a modest but realistic extension. Volume confirmation is critical given current relative volume of only 0.69x—breakout volume should exceed 70% of the 20-day average to validate conviction. The invalidation level sits at key support of $85.16, roughly 3.5% below current price, defining risk parameters. Historical win probability of 53.17% suggests slightly favorable odds, though this is near 50-50 proposition.

Below-average volume (0.69x relative volume) during flag consolidation is a warning sign of weak institutional backing and raises breakout failure probability. MACD histogram is negative at -0.3459, indicating weakening momentum despite neutral RSI, suggesting divergence between price and momentum. Beta of -0.03 is unusual and may reflect data quality issues or hedging dynamics, warranting caution on broader market correlation assumptions. Bearish market regime (-0.23) creates headwinds for breakout follow-through; consumer staples can lag in risk-off periods. ATR of 1.23 (1.39% daily range) is modest, providing limited intraday opportunity. No recent news of earnings, product launches, or catalysts identified suggests pattern is forming in vacuum without fundamental catalyst to drive breakout conviction.

We scan more than 6,000 NYSE and NASDAQ stocks every trading day and compare each detected pattern against a database of 370,000+ historical detections. Every setup is scored across three dimensions: Structure, Volume, and Breakout Readiness. Win probability is a calibrated estimate of how similar historical setups performed over the following 10 trading days. This is a swing trading tool built for multi-day holds. It is not built or tested for day trading.