MONSTER BEVERAGE CORP (MNST) Stock Technical Analysis
NASDAQ:MNST - Nasdaq - US61174X1090 - Common Stock - Currency: USD
Taking everything into account, MNST scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, MNST has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
MNST is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so MNST slightly outperforms the market at the moment.
In the last month MNST has a been trading in the 54.73 - 60.34 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
MNST has an average volume of 6574720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that MNST is one of the better performing stocks in the market, outperforming 89% of all stocks. However, this relatively good performance is mostly due to a recent big move.
MNST is an average performer in the Beverages industry, it outperforms 58% of 32 stocks in the same industry.
MNST has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 58.03, a Stop Loss order could be placed below this zone.
More info and screens
45.60
60.26
3 important support areas can be observed.
- A support zone ranging from 56.45 to 58.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 54.34 to 55.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 46.06 to 46.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @58.42 from a horizontal line in the weekly time frame.
- Resistance @59.66 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.08
Mansfield2.01
10 Day High60
10 Day Low54.73
20 Day High60.34
20 Day Low54.73
52 Week High60.34
52 Week Low43.32
Performance
1 Week1.11%
2 Weeks-2.08%
1 Month2.71%
3 Month18.19%
6 Month8.07%
12 Month9.92%
2 Year4.3%
3 Year36.34%
5 Year89%
10 Year155.61%
15 Year1487.59%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.17
RSI(14)56.88
LBB55.88
UBB60.34
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 58.43 | 56.44 | 1.99 (3.41%) | 25.00% |
| An entry @58.43. This is a Buy Stop order right above the resistance zone. | An exit @56.44. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.99 points, which is 3.41%. | For a 0.85% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MNST. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
58.41
+0.46 (+0.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg0.79%
1 Week1.11%
2 Weeks-2.08%
1 Month2.71%
3 Month18.19%
6 Month8.07%
12 Month9.92%
2 Year4.3%
3 Year36.34%
5 Year89%
10 Year155.61%
15 Year1487.59%
Volatility
ATR(14)1.68
ATR(20)%2.48%
ATR Inc-44.07%
Range Today0.5
ADR(20)1.43
ADR(20)%2.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.08
Mansfield2.01
10 Day High60
10 Day Low54.73
20 Day High60.34
20 Day Low54.73
52 Week High60.34
52 Week Low43.32
CS1 End58.03
CR1 Start58.42
Volume & EV
DER(3)1.45%
DER(5)2.02%
Volume7.14M
Volume Incr-25%
Vol(5)5.09M
Vol(50)6.57M