MONSTER BEVERAGE CORP (MNST) Stock Technical Analysis
NASDAQ:MNST - Nasdaq - US61174X1090 - Common Stock - Currency: USD
Taking everything into account, MNST scores 2 out of 10 in our technical rating. MNST has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month MNST has a been trading in the 58.29 - 64.36 range, which is quite wide. It is currently trading near the lows of this range.
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 5873150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
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 54% of all stocks.
MNST has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
45.60
64.89
When analyzing the support we can see 2 important areas.
- 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 59.74 to 62.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | DOWN | NEGATIVE | The short term trend for MNST is down. |
| ChartMill Relative Strength | 54.54 | NEUTRAL | MNST is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MNST is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MNST is below a declining 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) | 36 | NEUTRAL | The RSI value for MNST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests MNST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.27 | OVERSOLD | The low Stochastics value suggests MNST may be oversold. |
| Average True Range in percent/ATR (20) | 1.87 | LOW VOLATILITY | The low ATR as a percentage value for MNST suggests low volalility. |
| Average Directional Index/ADX (14) | 19.28 | 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)
59
-0.09 (-0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg-0.15%
1 Week0.29%
2 Weeks-6.47%
1 Month-6.63%
3 Month1.01%
6 Month19.38%
12 Month15.94%
2 Year2.63%
3 Year18.45%
5 Year50.36%
10 Year130.54%
15 Year1590.14%
Volatility
ATR(14)1.13
ATR(20)%1.87%
ATR Inc-31.44%
Range Today0.85
ADR(20)1.09
ADR(20)%1.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.54
Mansfield-0.01
10 Day High63.34
10 Day Low58.29
20 Day High64.36
20 Day Low58.29
52 Week High64.45
52 Week Low43.32
CS1 End58.82
CR1 Start59.74
Volume & EV
DER(3)-1.03%
DER(5)-1.78%
Volume5.42M
Volume Incr-18.04%
Vol(5)5.29M
Vol(50)5.87M