MONSTER BEVERAGE CORP (MNST) Stock Technical Analysis
USA - NASDAQ:MNST - US61174X1090 - Common Stock
Overall MNST gets a technical rating of 10 out of 10. 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 and the volatility has been reduced.
More info and screens
45.60
3 important support areas can be observed.
- A support zone ranging from 66.31 to 67.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @63.01 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.
- A resistance zone ranging from 71.32 to 71.91. 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 | UP | POSITIVE | The short term trend for MNST is up. |
| ChartMill Relative Strength | 86.12 | POSITIVE | MNST has a high relative strength, it outperformed 86.12% 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) | 61.21 | NEUTRAL | The RSI value for MNST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests MNST has a positive trend. |
| Stochastics (14,3) | 75.34 | 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) | 21.6 | NEUTRAL | The ADX value for MNST suggests a possible start of a new trend. |
71.31
+0.23 (+0.32%)
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 61.211. 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 0.286091, indicating a bearish trend.
What is the short term momentum for MNST stock?
The short term momentum for MONSTER BEVERAGE CORP (MNST) is positive.