Resistance

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>Keurig Dr Pepper’s stock price is currently trading at $33.40 with a drop of 0.65% in the last 24 hours.</a> </li> 
 <li> <span>2</span> <a>KDP stock shows a rising parallel and rejection from the 200-day SMA.</a> </li> 
</ul> 
<p>Keurig Dr. Pepper’s stock was at $33.40 with an intraday loss of 0.65% showing bearish cues in the past trading sessions. Moreover, the intraday trading volume is 6.328 Million. The market cap of KDP stock is $46.668 Billion.</p> 
<p>By evaluating the price data of the Keurig Dr. Pepper Stock, it can be said that it is in an uptrend presently. We can say that Keurig Dr. Pepper is performing well right now. From its 52-week bottom price of $30.47, it increased to $41.31 peak price.&nbsp;</p> 
<p>The company had a bad performance over the year. Year-to-date it gave negative returns of -6.31% and in the span of 6 months -4.68%. In the last 1 month, it gave a positive return of 5.80% and in the last seven days, the return was -3.24% . Indicating a Bearish trend continuing till now.</p> 
<h2 class="wp-block-heading" id="strong-technical-analysis-of-keurig-dr-pepper-stock-price-in-1-d-timeframe-strong"><strong>Technical Analysis of Keurig Dr. Pepper Stock Price in 1-D Timeframe</strong></h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter"> 
  <img decoding="async" src="https://lh6.googleusercontent.com/OiX78W-oZtlaS3jTJgpDoAS11Ovc99K4JWkE0yyXXA-9EsxCmecy4zurT9WiLtlPw_SDYBT3ra2-DQITUzdTeGI-Ie0SktlGzFPkuUjaNEhj7TFYBPoEjWcVIH0IUnXXWOxlKbEHTBaJNHENtdIBFAU" alt="Keurig Dr. Pepper Stock Price Prediction: Will KDP Break 200 SMA?"> 
  <figcaption class="wp-element-caption">
    Source: Keurig Dr Pepper.1D.NASDAQ by TradingView 
  </figcaption> 
 </figure> 
</div> 
<p>Currently, Keurig Dr. Pepper stock (NASDAQ: KDP) is trading above the 50 and taking rejection from its 200-day simple moving averages.</p> 
<p>Nevertheless, if buying volume counts up, then the price might sustain bullish momentum by making higher highs and new highs. Therefore, the Keurig Dr Pepper price is anticipated to move upward giving bullish views over the daily time frame chart.</p> 
<p>The current value of RSI is 56.36 points. The 14 SMA is above the median line at 65.65 points which indicates that the Keurig Dr. Pepper stock is bullish.</p> 
<p>The MACD line at 0.4949 and the signal line at 0.5137 are above the zero line. A bearish crossover is observed in the MACD indicator which signals weakness in the momentum of the KDP stock price.</p> 
<h4 class="wp-block-heading"><strong>Summary</strong></h4> 
<p><a href="https://www.thecoinrepublic.com/2023/07/25/fortive-price-prediction-ftv-stock-price-q2-result-awaiting/" target="_blank" rel="noopener noreferrer nofollow">Keurig Dr. Pepper </a>taking a rejection from 200 SMA. The technical indicators also support the bullish trend. The MACD, RSI, and EMA are emphasizing positive signs and imply that the uptrend may continue in the KDP stock price. Price action suggests that the investors and traders are bullish on the 1-Day time frame. The price action reflects a bullish perspective at the moment. However, investors and traders should wait for a proper setup for the next move and avoid FOMO.</p> 
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4> 
<ul> 
 <li><strong>Support Levels:</strong> Nearest support levels are $31.99 and $29.99.</li> 
 <li><strong>Resistance levels:</strong> Nearest resistance levels are $36.38 and $35.19.</li> 
</ul> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The analysis provided in this article is for informational and educational purposes only. Do not rely on this information as financial, investment, or trading advice. Investing and trading in stock involves risk. Please assess your situation and risk tolerance before making any investment decisions.</p>

Keurig Dr. Pepper Stock Price Prediction: Will KDP Break 200 SMA?

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Thecoinrepublic.com

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