MOLSON COORS BEVERAGE CO - B (TAP)

US60871R2094 - Common Stock

54.33  +0.32 (+0.59%)

After market: 54.33 0 (0%)

Technical Rating and Analysis

2

Overall TAP gets a technical rating of 2 out of 10. In the past year, TAP was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

When comparing the yearly performance of all stocks, TAP is a bad performer in the overall market: 85% of all stocks are doing better.
TAP is part of the Beverages industry. There are 32 other stocks in this industry, of which 64% are performing better than TAP.
TAP is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TAP is lagging the market.
In the last month TAP has a been trading in the 49.63 - 54.92 range, which is quite wide. It is currently trading near the high of this range.
TAP has an average volume of 2212970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Weekly and Daily overview Charts
TAP Weekly chart
TAP Daily chart
Setup Rating and Analysis

3

The technical rating of TAP 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.

Support and Resistance Analysis

49.02

66.36

2 important support areas can be observed.

  • A support zone ranging from 51.80 to 53.05. 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 49.52 to 49.98. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 54.34 to 54.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @59.40 from a horizontal line in the daily time frame.
  • Resistance @65.70 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.66
Mansfield-2.02
10 Day High54.92
10 Day Low51
20 Day High54.92
20 Day Low49.63
52 Week High70.41
52 Week Low49.19
Performance
1 Week3.68%
2 Weeks6.03%
1 Month7.31%
3 Month-13.13%
6 Month-13.4%
12 Month-22.99%
2 Year-9.07%
3 Year11.13%
5 Year0.63%
10 Year-19.55%
15 Year20.17%
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)
Technical Indicators
MACD(12,26,9)0.43
RSI(14)64.86
LBB49.74
UBB55.02
TAP Daily chart

MOLSON COORS BEVERAGE CO - B

NYSE:TAP (7/26/2024, 7:04:00 PM)

After market: 54.33 0 (0%)

54.33

+0.32 (+0.59%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg0.59%
1 Week3.68%
2 Weeks6.03%
1 Month7.31%
3 Month-13.13%
6 Month-13.4%
12 Month-22.99%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.98
ATR(20)%1.66%
ATR Inc
Range Today0.94
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High54.92
10 Day Low51
20 Day High54.92
20 Day Low49.63
52 Week High70.41
52 Week Low49.19
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.63M
Volume Incr-21.43%
Vol(5)1.67M
Vol(50)2.21M