MONSTER BEVERAGE CORP (MNST) Stock Technical Analysis
NASDAQ:MNST - Nasdaq - US61174X1090 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to MNST. MNST has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
MNST is one of the better performing stocks in the Beverages industry, it outperforms 80% of 32 stocks in the same industry.
MNST is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
MNST has an average volume of 5583660 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, MNST turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
In the last month MNST has a been trading in a tight range between 61.27 and 64.36.
MNST has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 61.70, a Stop Loss order could be placed below this zone.
More info and screens
45.60
64.89
2 important support areas can be observed.
- A support zone ranging from 61.23 to 63.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @46.06 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 63.96 to 64.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for MNST is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MNST is neutral. |
| ChartMill Relative Strength | 69.67 | NEUTRAL | MNST is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MNST is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MNST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MNST is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.63 | NEUTRAL | The RSI value for MNST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests MNST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 63.05 | NEUTRAL | The Stochastics value for MNST is a neutral value. |
| Average True Range in percent/ATR (20) | 1.57 | LOW VOLATILITY | The low ATR as a percentage value for MNST suggests low volalility. |
| Average Directional Index/ADX (14) | 13.97 | NEGATIVE | The low ADX value for MNST suggests a weak or negative trend. |
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)
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 |
|---|---|---|---|
| 64.26 | 61.27 | 3.00 (4.66%) | 21.46% |
| An entry @64.26. This is a Buy Stop order right above the resistance zone. | An exit @61.27. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.00 points, which is 4.66%. | When investing 21.46% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
63.08
+0.04 (+0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg0.06%
1 Week1.43%
2 Weeks-0.17%
1 Month-0.13%
3 Month10.51%
6 Month20.4%
12 Month26.79%
2 Year9.72%
3 Year26.64%
5 Year60.75%
10 Year146.49%
15 Year1707.02%
Volatility
ATR(14)1.06
ATR(20)%1.57%
ATR Inc-18.64%
Range Today0.9
ADR(20)0.95
ADR(20)%1.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.67
Mansfield0.73
10 Day High64.36
10 Day Low61.28
20 Day High64.36
20 Day Low61.28
52 Week High64.45
52 Week Low43.32
CS1 End61.7
CR1 Start62.89
Volume & EV
DER(3)0.22%
DER(5)0.67%
Volume3.78M
Volume Incr-8.87%
Vol(5)5.69M
Vol(50)5.58M