STZ Technical Analysis - CONSTELLATION BRANDS INC-A

Technical Rating and Analysis

Taking everything into account, STZ scores 0 out of 10 in our technical rating. STZ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

When comparing the yearly performance of all stocks, STZ is a bad performer in the overall market: 94% of all stocks are doing better.

STZ is one of the lesser performing stocks in the Beverages industry. 83% of 32 stocks in the same industry do better.

STZ is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.

In the last month STZ has a been trading in the 139.45 - 171.00 range, which is quite wide. It is currently trading near the lows of this range.

Prices have been falling strongly lately, it is better to avoid new long positions here.

STZ has an average volume of 2150310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

CONSTELLATION BRANDS INC-A / STZ Weekly stock chart

CONSTELLATION BRANDS INC-A / STZ Daily stock chart

Setup Rating and Analysis

The technical rating of STZ is bad and it also does not present a 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

138.10

175.61

When analyzing the resistance we notice 3 important areas.

A resistance zone ranging from 147.15 to 148.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A resistance zone ranging from 161.46 to 164.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 171.04 to 173.87. This zone is formed by a combination of multiple trend lines in the daily time frame.

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What is Support and Resistance

Support and Resistance indicators

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Technical Indicator Signal Analysis

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	DOWN	NEGATIVE	The long term trend for STZ is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for STZ is down.
ChartMill Relative Strength	6.88	NEGATIVE	STZ has a low relative strength, it was outperformed by 93.12% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of STZ is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of STZ is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of STZ is below a declining SMA(200).
Relative Strength Index/RSI (14)	24.56	OVERSOLD	The low RSI value suggests STZ may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-1.47	NEGATIVE	The MACD value suggests STZ has a negative trend, although the MACD value is rising.
Stochastics (14,3)	1.49	OVERSOLD	The low Stochastics value suggests STZ may be oversold.
Average True Range in percent/ATR (20)	3.01	MEDIUM VOLATILITY	The ATR as a percentage value for STZ suggests some volalility.
Average Directional Index/ADX (14)	35.98	POSITIVE	The high ADX value value for STZ suggests a strong trend.