MOLSON COORS BEVERAGE CO - B (TAP)
US60871R2094 - Common Stock
Overall TAP gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TAP is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
TAP has an average volume of 1787790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, TAP turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
TAP is part of the Beverages industry. There are 31 other stocks in this industry, TAP did better than 70% 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.
In the last month TAP has a been trading in the 52.51 - 64.29 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TAP has an excellent technical rating, but the quality of the setup is only medium 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
49.48
64.75
3 important support areas can be observed.
- A support zone ranging from 56.19 to 57.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 53.84 to 54.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @49.98 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 63.73 to 64.11. 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
CRS51.83
Mansfield-0.85
10 Day High64.29
10 Day Low57.69
20 Day High64.29
20 Day Low52.51
52 Week High69.18
52 Week Low49.19
Performance
1 Week-3.6%
2 Weeks6.59%
1 Month7.79%
3 Month12.34%
6 Month13.03%
12 Month0.8%
2 Year9.73%
3 Year36.07%
5 Year19.79%
10 Year-21.82%
15 Year33.75%
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)0.11
RSI(14)59.9
LBB54.77
UBB65.15
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 |
|---|---|---|---|
| 61.46 | 57.68 | 3.78 (6.15%) | 16.26% |
| An entry @61.46. This is a Buy Stop order right above the 10 day moving average. | An exit @57.68. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.78 points, which is 6.15%. | For a 1.00% total portfolio risk, you can invest 16.26% of your capital in this trade. |
- 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.
MOLSON COORS BEVERAGE CO - B
NYSE:TAP (11/21/2024, 8:04:00 PM)
After market: 60.47 0 (0%)60.47
+0.09 (+0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg0.15%
1 Week-3.6%
2 Weeks6.59%
1 Month7.79%
3 Month12.34%
6 Month13.03%
12 Month0.8%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.91
ATR(20)%2.63%
ATR Inc
Range Today0.54
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High64.29
10 Day Low57.69
20 Day High64.29
20 Day Low52.51
52 Week High69.18
52 Week Low49.19
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.33M
Volume Incr-11.01%
Vol(5)1.67M
Vol(50)1.79M