MONSTER BEVERAGE CORP (MNST) Stock Technical Analysis
NASDAQ:MNST - US61174X1090 - Common Stock
62.46 USD
-0.99 (-1.56%)
62.45 USD
-0.01 (-0.02%)
Taking everything into account, MNST scores 6 out of 10 in our technical rating. Although MNST is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
MNST is part of the Beverages industry. There are 33 other stocks in this industry. MNST outperforms 81% of them.
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 5854590 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 the 60.97 - 66.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, MNST does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 61.91, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MNST in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
45.60
65.34
When analyzing the support we can see 3 important areas.
- A support zone ranging from 61.35 to 61.91. 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 one important area.
- A resistance zone ranging from 62.55 to 64.69. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 69.25 | NEUTRAL | MNST is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MNST is below 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) | 49.75 | NEUTRAL | The RSI value for MNST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests MNST has a negative trend. |
| Stochastics (14,3) | 50.82 | NEUTRAL | The Stochastics value for MNST is a neutral value. |
| Average True Range in percent/ATR (20) | 2.19 | MEDIUM VOLATILITY | The ATR as a percentage value for MNST suggests some volalility. |
| Average Directional Index/ADX (14) | 12.12 | 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 |
|---|---|---|---|
| 62.56 | 61.34 | 1.22 (1.95%) | 25.00% |
| An entry @62.56. This is a Buy Stop order right above the 10 day moving average. | An exit @61.34. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.22 points, which is 1.95%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.49%. |
- 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.
62.46
-0.99 (-1.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg-1.56%
1 Week0.71%
2 Weeks-2.95%
1 Month2.73%
3 Month-1.5%
6 Month13.42%
12 Month28.39%
2 Year17.96%
3 Year43.65%
5 Year55.76%
10 Year177.31%
15 Year1507.72%
Volatility
ATR(14)1.13
ATR(20)%2.19%
ATR Inc8.15%
Range Today1.53
ADR(20)1.18
ADR(20)%1.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.25
Mansfield0.12
10 Day High65
10 Day Low60.97
20 Day High66.75
20 Day Low60.97
52 Week High66.75
52 Week Low45.7
CS1 End61.91
CR1 Start62.55
Volume & EV
DER(3)3.24%
DER(5)1.44%
Volume3.34M
Volume Incr-37.41%
Vol(5)4.24M
Vol(50)5.85M