Coca-Cola Stock Dips Below Key Support Level

Coca-Cola (NYSE: KO) closed at 85.65 USD on October 2, 2026, marking a 0.52% decline from the previous session. This downward movement extends a broader trend, with the stock dropping 2.46% over the past five days and 3.56% over the last month.

The technical indicators suggest KO is in a downtrend, as the price remains below both the 20-day and 50-day moving averages (SMA20 and SMA50). The 14-day Relative Strength Index (RSI) stands at 37.3, placing it in the neutral range. The Bollinger %B indicator is at -5%, while the Average True Range (ATR) over 14 days is 1.15.

Key support for KO is currently at 85.65 USD, with resistance around 89.35 USD. Over the past three months, the stock has fluctuated between a low of 80.83 USD and a high of 92.49 USD.

The latest technical analysis notes that KO is testing a support level, which could influence its near-term movement. Previous reports highlighted the stock's attempts to break through resistance levels, including a 5% gain in late July 2026 and a 0.22% increase in late September 2026.