
Technical analysis of Coles Group Limited (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
Coles Group Limited is an Australian retail company founded in 1914 that operates in the food distribution and liquor retail sector through supermarket chains, e-commerce services with home delivery options, and specialized retail stores. The company also provides financial services including insurance and credit products, as well as a customer loyalty program and retail media services.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for September 2, 2026, computed on the last 12 months of prices.
21 sessions
23.26
+1.83%
50 sessions
23.24
+1.88%
200 sessions
21.80
+8.62%
s2
23.14
Support
s1
23.33
Support
pivot
23.52
Pivot
r1
23.71
Resistance
r2
23.91
Resistance
In the September 2, 2026 session Coles Group Limited closed higher at 23.68 , +0.68% versus the previous session.
The price sits above every moving average observed: +1.83% against the 21-session average, +1.88% against the 50 and +8.62% against the 200.
The 14-period RSI reads 56.4, in neutral territory.
MACD stands at 0.080 against a signal line at 0.020: the histogram is positive (+0.060).
ADX reads 15.6, indicating weak directionality.
Levels computed on the latest session place supports at 23.33 and 23.14 and resistances at 23.71 and 23.91 , around a pivot of 23.52.
The average daily range (ATR) is 0.462 , or 1.95% of price.
Turnover was 3.6M shares, 123% of the 20-session average.
Over the last twelve months the price ranged between 20.01 and 24.21 , and today stands −2.19% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
Score, Elliott Waves, moving averages and technical indicators — free, no card
If you're not registered we'll ask you to sign in (free), then open the COL.AX analysis.
Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is Coles Group Limited analysed technically?
Technical analysis of Coles Group Limited is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Coles Group Limited?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Coles Group Limited?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Coles Group Limited it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
Are you an issuer and want a correction or removal? Write to info@montbon.com.