CONSTELLATION BRANDS INC-B (STZ.B) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:STZ.B - US21036P2074 - Common Stock
We assign a technical rating of 10 out of 10 to STZ.B. Both in the recent history as in the last year, STZ.B has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Warning: STZ.B has an average volume of 484 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that STZ.B is one of the better performing stocks in the market, outperforming 96% of all stocks. On top of that, STZ.B also shows a nice and consistent pattern of rising prices.
- STZ.B is one of the better performing stocks in the Beverages industry, it outperforms 96% of 32 stocks in the same industry.
- STZ.B 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 STZ.B has a been trading in the 283.95 - 314.00 range, which is quite wide. It is currently trading near the high of this range.
Although STZ.B has an excellent technical rating, it does not present a decent entry opportunity 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
208.81
4 important support areas can be observed.
- A support zone ranging from 283.94 to 295.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @242.64 from a trend line in the weekly time frame.
- Support @216.00 from a horizontal line in the daily time frame.
- Support @210.92 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 314.01 to 314.01. 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 STZ.B is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for STZ.B is up. |
| ChartMill Relative Strength | 96.91 | POSITIVE | STZ.B has a high relative strength, it outperformed 96.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of STZ.B is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of STZ.B is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of STZ.B is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.26 | NEUTRAL | The RSI value for STZ.B is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests STZ.B has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 79.84 | NEUTRAL | The Stochastics value for STZ.B is a neutral value. |
| Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for STZ.B suggests low volalility. |
| Average Directional Index/ADX (14) | 14.95 | NEGATIVE | The low ADX value for STZ.B suggests a weak or negative trend. |
NYSE:STZ.B (11/10/2022, 8:04:01 PM)
310
+0.92 (+0.3%)
CONSTELLATION BRANDS INC-B / STZ.B FAQ
What is the ChartMill technical rating of CONSTELLATION BRANDS INC-B (STZ.B) stock?
ChartMill assigns a technical rating of 10 / 10 to STZ.B.
Can you provide the trend direction for CONSTELLATION BRANDS INC-B?
The current trend direction for CONSTELLATION BRANDS INC-B (STZ.B) is Bullish.
What is the RSI signal for CONSTELLATION BRANDS INC-B (STZ.B) stock?
CONSTELLATION BRANDS INC-B (STZ.B) has an RSI value of 58.2558. This indicates that the stock is currently neutral.
What is the MACD signal for STZ.B stock?
The MACD indicator for CONSTELLATION BRANDS INC-B (STZ.B) has a value of -0.00951721, indicating a bearish trend.
Can you provide the support and resistance levels for CONSTELLATION BRANDS INC-B?
CONSTELLATION BRANDS INC-B (STZ.B) has a support level at 295.73 and a resistance level at 314.01. Check the full technical report for our detailed analysis of STZ.B support and resistance levels.