MONSTER BEVERAGE CORP (MNST) Stock Technical Analysis
USA - NASDAQ:MNST - US61174X1090 - Common Stock
We assign a technical rating of 10 out of 10 to MNST. 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.
MNST has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 67.11, a Stop Loss order could be placed below this zone.
More info and screens
45.60
We found 3 important support areas.
- A support zone ranging from 66.31 to 67.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @62.91 from a trend line in the daily time frame.
- Support @46.06 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @71.91 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 | 84 | POSITIVE | MNST has a high relative strength, it outperformed 84% 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) | 58.59 | NEUTRAL | The RSI value for MNST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests MNST has a positive trend. |
| Stochastics (14,3) | 73.12 | NEUTRAL | The Stochastics value for MNST is a neutral value. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for MNST suggests some volalility. |
| Average Directional Index/ADX (14) | 21.1 | NEUTRAL | The ADX value for MNST suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 71.92 | 65.87 | 6.06 (8.42%) | 11.88% |
| An entry @71.92. This is a Buy Stop order right above the resistance zone. | An exit @65.86. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 6.06 points, which is 8.42%. | For a 1.00% total portfolio risk, you can invest 11.88% 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.
70.48
-1.43 (-1.99%)
MONSTER BEVERAGE CORP / MNST FAQ
What is the ChartMill technical rating of MONSTER BEVERAGE CORP (MNST) stock?
ChartMill assigns a technical rating of 10 / 10 to MNST.
Can you provide the trend direction for MONSTER BEVERAGE CORP?
The current trend direction for MONSTER BEVERAGE CORP (MNST) is Bullish.
What is the RSI signal for MNST stock?
MONSTER BEVERAGE CORP (MNST) has an RSI value of 58.5927. This indicates that the stock is currently neutral.
What is the MACD signal for MONSTER BEVERAGE CORP (MNST) stock?
The MACD indicator for MONSTER BEVERAGE CORP (MNST) has a value of 0.216688, indicating a bearish trend.
What is the short term momentum for MNST stock?
The short term momentum for MONSTER BEVERAGE CORP (MNST) is positive.