Stock Forecast Chart
Stock Price Prediction Summary
Forecast Score Based on 2 Weeks
Based on our forecast, the price of AKO-B will decline by -49.36% over the next 2 Weeks and hit $15.57 by Friday, November 24, 2023. In that time frame, AKO-B's share price is expected to range between $15.23 and $15.93.
BearishAverageBullish| Date | Predicted Lower | Predicted | Predicted Upper |
|---|---|---|---|
| Nov 24, 2023 | 15.19 | 15.57 | 15.91 |
| Nov 23, 2023 | 14.92 | 15.27 | 15.59 |
| Nov 22, 2023 | 14.94 | 15.27 | 15.57 |
| Nov 21, 2023 | 14.73 | 15.02 | 15.34 |
| Nov 20, 2023 | 14.54 | 14.82 | 15.10 |
| Nov 17, 2023 | 14.33 | 14.61 | 14.89 |
| Nov 16, 2023 | 14.00 | 14.30 | 14.60 |
| Nov 15, 2023 | 14.04 | 14.31 | 14.60 |
| Nov 14, 2023 | 13.79 | 14.06 | 14.34 |
| Nov 13, 2023 | 13.58 | 13.86 | 14.13 |
| Nov 10, 2023 | 13.08 | 13.37 | 13.65 |
| Nov 9, 2023 | 13.32 | 13.62 | 13.88 |
| Nov 8, 2023 | 13.34 | 13.62 | 13.88 |
| Nov 7, 2023 | 13.11 | 13.37 | 13.63 |
AKO-B shares fell -2.06% in Friday, August 21, 2026's trading session, dropping from a previous close of $30.39 to move at $29.76. The stock demonstrated notable intraday movement (see AKO-B's key stats for a full breakdown), fluctuating between $29.76 and $30.81, a +3.53% trading range. While recent weeks have seen some volatility, AKO-B has managed to secure a -5.22% drop over the past 2 weeks. The downward price movement was accompanied by decreased trading volume, with approximately 1.68K shares changing hands, 724 fewer than the previous session. This amounted to $49.91K in total market activity.
Will AKO-B Continue Its Downward Trend?
According to analyst ratings and projections for AKO-B, Embotelladora Andina S.A. shares are anticipated to decrease by -87.05%, potentially reaching $15.91 per share by November 24, 2023. Short-term technical indicators currently suggest a bearish sentiment for AKO-B. However, the stock has recorded 16 positive trading days within the past 30 sessions. Based on the AKO-B stock forecast, now is not the best time to buy AKO-B stock because its current trading price is +91.13% above our predicted value, hinting at a possible undervaluation. For deeper insights, view our sentiment analysis on AKO-B covering social and institutional perspectives.
AKO-B Technical Momentum: Overbought, Oversold, or Neutral?
An analysis of Relative Strength Index (RSI) indicators provides insight into AKO-B's momentum. Short-term RSIs (9, 14, and 20-day figures ranging from 57.22% to 61.56%) suggest mixed signals, with the stock in a neutral to slightly bearish momentum phase. The 50-day RSI, at 54.17%, suggests a neutral medium-term outlook. Additionally, the 100-day RSI, at 53.23%, maintains a neutral outlook for the long term. Insights into AKO-B's shareholder base show how institutional investors are positioning themselves during these momentum shifts

