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Coles Group Limited

Coles Group Limited technical analysis

COL.AXConsumer Defensive Updated daily

Technical analysis of Coles Group Limited (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.

What is Coles Group Limited

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Description generated automatically from public sources; it may be inaccurate or out of date.

Coles Group Limited: latest session data

Closing values for September 2, 2026, computed on the last 12 months of prices.

Close23.68
Change+0.68%
RSI (14)56.4
MACD0.080
ADX15.6
Volatility (ATR)1.95%
Volume vs 20-avg123%
12-month high24.21
12-month low20.01

Moving averages

21 sessions

23.26

+1.83%

50 sessions

23.24

+1.88%

200 sessions

21.80

+8.62%

Session levels

s2

23.14

Support

s1

23.33

Support

pivot

23.52

Pivot

r1

23.71

Resistance

r2

23.91

Resistance

How to read it

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.

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How Montbon’s technical analysis works

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.

Read the full Montbon Score methodology →

FAQ about Coles Group Limited

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.

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Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.

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