MOLSON COORS BEVERAGE CO - B (TAP) Stock Technical Analysis
NYSE:TAP - New York Stock Exchange, Inc. - US60871R2094 - Common Stock - Currency: USD
Taking everything into account, TAP scores 4 out of 10 in our technical rating. TAP has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, TAP is a bad performer in the overall market: 65% of all stocks are doing better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month TAP has a been trading in the 52.69 - 60.92 range, which is quite wide. It is currently trading near the high of this range.
TAP has an average volume of 1896100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TAP is part of the Beverages industry. There are 31 other stocks in this industry, TAP did better than 60% of them.
TAP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TAP is lagging the market.
TAP has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
50.62
63.53
We found 4 important support areas.
- A support zone ranging from 56.07 to 57.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @54.81 from a horizontal line in the daily time frame.
- A support zone ranging from 52.43 to 53.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @51.13 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 60.40 to 60.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 62.06 to 62.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.69
Mansfield-0.25
10 Day High60.93
10 Day Low52.74
20 Day High60.93
20 Day Low52.69
52 Week High69.18
52 Week Low49.19
Performance
1 Week3.06%
2 Weeks11%
1 Month11.64%
3 Month-0.05%
6 Month12.08%
12 Month-3.46%
2 Year13.42%
3 Year15.62%
5 Year21.61%
10 Year-20.5%
15 Year49.41%
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)0.84
RSI(14)66.04
LBB49.97
UBB62.85
60.33
-0.07 (-0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg-0.12%
1 Week3.06%
2 Weeks11%
1 Month11.64%
3 Month-0.05%
6 Month12.08%
12 Month-3.46%
2 Year13.42%
3 Year15.62%
5 Year21.61%
10 Year-20.5%
15 Year49.41%
Volatility
ATR(14)1.58
ATR(20)%2.51%
ATR Inc-33.79%
Range Today1.04
ADR(20)1.3
ADR(20)%2.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.69
Mansfield-0.25
10 Day High60.93
10 Day Low52.74
20 Day High60.93
20 Day Low52.69
52 Week High69.18
52 Week Low49.19
CS1 End57.58
CR1 Start60.4
Volume & EV
DER(3)-0.45%
DER(5)0.88%
Volume2.17M
Volume Incr30.85%
Vol(5)2.54M
Vol(50)1.90M