MONSTER BEVERAGE CORP (MNST) Stock Technical Analysis
USA - NASDAQ:MNST - US61174X1090 - Common Stock
65.34 USD
+0.75 (+1.16%)
65.34 USD
0 (0%)
Taking everything into account, MNST scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MNST is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that MNST is one of the better performing stocks in the market, outperforming 76% of all stocks. On top of that, MNST also shows a nice and consistent pattern of rising prices.
MNST is one of the better performing stocks in the Beverages industry, it outperforms 84% of 33 stocks in the same industry.
MNST is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MNST is lagging the market slightly.
MNST has an average volume of 5691720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month MNST has a been trading in the 61.76 - 67.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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 a support zone below the current price at 65.02, a Stop Loss order could be placed below this zone.
More info and screens
45.60
67.19
4 important support areas can be observed.
- A support zone ranging from 64.07 to 65.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 62.65 to 62.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 58.64 to 58.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @46.06 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @65.35 from a horizontal line in the weekly time frame.
- Resistance @66.52 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The short term trend for MNST is up. |
| ChartMill Relative Strength | 76.03 | POSITIVE | MNST has a high relative strength, it outperformed 76.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MNST is above the rising 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) | 58.54 | NEUTRAL | The RSI value for MNST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MNST has a positive trend. |
| Stochastics (14,3) | 55.97 | NEUTRAL | The Stochastics value for MNST is a neutral value. |
| Average True Range in percent/ATR (20) | 1.94 | LOW VOLATILITY | The low ATR as a percentage value for MNST suggests low volalility. |
| Average Directional Index/ADX (14) | 11.92 | 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 |
|---|---|---|---|
| 65.36 | 64.06 | 1.30 (1.99%) | 25.00% |
| An entry @65.36. This is a Buy Stop order right above the resistance zone. | An exit @64.06. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.30 points, which is 1.99%. | For a 0.50% 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.
65.34
+0.75 (+1.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg1.16%
1 Week1.89%
2 Weeks1%
1 Month5.35%
3 Month5.88%
6 Month12.93%
12 Month24.55%
2 Year23.4%
3 Year50.28%
5 Year62.94%
10 Year190.1%
15 Year1581.86%
Volatility
ATR(14)1.35
ATR(20)%1.94%
ATR Inc-12.5%
Range Today1.04
ADR(20)1.27
ADR(20)%1.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.03
Mansfield0.31
10 Day High67.13
10 Day Low63.01
20 Day High67.13
20 Day Low61.76
52 Week High67.13
52 Week Low45.7
CS1 End65.02
CR1 Start65.35
Volume & EV
DER(3)1.43%
DER(5)1.77%
Volume3.10M
Volume Incr-28.74%
Vol(5)3.82M
Vol(50)5.69M