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. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, STZ.B is showing a nice and steady performance.
Although STZ.B has an excellent technical rating, it does not offer a high quality setup 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
We found 4 important support areas.
- 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.
When analyzing the resistance we notice one important 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.
What is the trend direction for STZ.B stock?
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 short term momentum for CONSTELLATION BRANDS INC-B (STZ.B) stock?
The short term momentum for CONSTELLATION BRANDS INC-B (STZ.B) is positive.
What is the buy/sell signal for CONSTELLATION BRANDS INC-B (STZ.B) stock?
The buy/sell signal for CONSTELLATION BRANDS INC-B (STZ.B) is buy as both the short term and long term trends are positive.