MOLSON COORS BEVERAGE CO - B (TAP)

US60871R2094 - Common Stock

51.17  +0.21 (+0.41%)

Technical Rating and Analysis

0

Overall TAP gets a technical rating of 0 out of 10. TAP 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, TAP is a bad performer in the overall market: 86% of all stocks are doing better.
TAP is part of the Beverages industry. There are 33 other stocks in this industry, of which 75% are performing better than TAP.
TAP is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month TAP has a been trading in the 50.71 - 58.95 range, which is quite wide. It is currently trading near the lows of this range.
TAP has an average volume of 2158790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
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

50.44

66.92

We found 1 important support area.

  • A support zone ranging from 50.95 to 50.95. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 5 important resistance areas.

  • A resistance zone ranging from 52.21 to 52.76. 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 54.08 to 54.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 59.39 to 59.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @63.59 from a horizontal line in the daily time frame.
  • Resistance @66.26 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
CRS14.36
Mansfield-2.8
10 Day High55.08
10 Day Low50.71
20 Day High58.95
20 Day Low50.71
52 Week High70.9
52 Week Low50.71
Performance
1 Week-3.76%
2 Weeks-3.78%
1 Month-13.27%
3 Month-24.47%
6 Month-17.54%
12 Month-23.11%
2 Year-6.51%
3 Year-5.08%
5 Year-9%
10 Year-31.28%
15 Year20.39%
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)0.03
RSI(14)25.32
LBB51.07
UBB54.97
TAP Daily chart

MOLSON COORS BEVERAGE CO - B

NYSE:TAP (6/12/2024, 10:06:09 AM)

51.17

+0.21 (+0.41%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg0.41%
1 Week-3.76%
2 Weeks-3.78%
1 Month-13.27%
3 Month-24.47%
6 Month-17.54%
12 Month-23.11%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.07
ATR(20)%2.17%
ATR Inc
Range Today0.26
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 High55.08
10 Day Low50.71
20 Day High58.95
20 Day Low50.71
52 Week High70.9
52 Week Low50.71
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume5.41K
Volume Incr41.31%
Vol(5)2.97M
Vol(50)2.16M