We assign a technical rating of 10 out of 10 to MNST. Both in the recent history as in the last year, MNST has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, MNST did better than 88% of all other stocks. We also observe that the gains produced by MNST over the past year are nicely spread over this period.
- 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 near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month MNST has a been trading in the 74.06 - 79.01 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- MNST has an average volume of 5565290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MNST has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 78.18. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 77.83, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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3 important support areas can be observed.
- A support zone ranging from 77.04 to 77.83. 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 71.57 to 72.49. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @66.83 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 78.18 to 78.43. 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 | 88.74 | POSITIVE | MNST has a high relative strength, it outperformed 88.74% 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) | 63.88 | NEUTRAL | The RSI value for MNST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MNST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 75.27 | NEUTRAL | The Stochastics value for MNST is a neutral value. |
| Average True Range in percent/ATR (20) | 1.66 | LOW VOLATILITY | The low ATR as a percentage value for MNST suggests low volalility. |
| Average Directional Index/ADX (14) | 24.37 | 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 |
|---|---|---|---|
| 78.44 | 77.03 | 1.41 (1.80%) | 25.00% |
| An entry @78.44. This is a Buy Stop order right above the resistance zone. | An exit @77.03. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.41 points, which is 1.80%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.45%. |
- 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.
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+0.26 (+0.33%)
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.
What is the current trend direction of MONSTER BEVERAGE CORP (MNST) stock?
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 63.8767. This indicates that the stock is currently neutral.
What is the MACD signal for MNST stock?
The MACD indicator for MONSTER BEVERAGE CORP (MNST) has a value of -0.014658, indicating a bearish trend.
Can you provide the short term momentum for MONSTER BEVERAGE CORP?
The short term momentum for MONSTER BEVERAGE CORP (MNST) is positive.