MOLSON COORS BEVERAGE CO - B (TAP) Technical Analysis
NYSE:TAP • US60871R2094
Current stock price
44.04 USD
+1.14 (+2.66%)
At close:
44.04 USD
0 (0%)
After Hours:
TAP Technical Rating and Analysis
Taking everything into account, TAP scores 0 out of 10 in our technical rating. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 85% of all other stocks performed better in the past year than TAP.
- TAP is part of the Beverages industry. There are 34 other stocks in this industry, of which 72% 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.
- TAP has an average volume of 3120720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month TAP has a been trading in the 41.04 - 47.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TAP Weekly and Daily overview Charts
TAP Setup Rating and Analysis
TAP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
TAP Support and Resistance Analysis
40.74
53.34
We found 1 important support area.
- A support zone ranging from 41.15 to 41.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 44.05 to 44.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 47.09 to 47.24. 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 51.99 to 52.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
TAP 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 TAP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TAP is down. |
| ChartMill Relative Strength | 15.46 | NEGATIVE | TAP has a low relative strength, it was outperformed by 84.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TAP is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TAP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TAP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.36 | NEUTRAL | The RSI value for TAP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.37 | POSITIVE | The MACD value suggests TAP has a positive trend. |
| Stochastics (14,3) | 68.55 | NEUTRAL | The Stochastics value for TAP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.58 | MEDIUM VOLATILITY | The ATR as a percentage value for TAP suggests some volalility. |
| Average Directional Index/ADX (14) | 38.33 | POSITIVE | The high ADX value value for TAP suggests a strong trend. |
TAP Chart- and CandleStick Pattern Analysis
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)
TAP Technicals: Chart, Performance Metrics, Trend & Indicators
44.04
+1.14 (+2.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg2.66%
1 Week5.08%
2 Weeks4.16%
1 Month-6.5%
3 Month-7.09%
6 Month-5.07%
12 Month-27.98%
2 Year-23.09%
3 Year-25.96%
5 Year-19.85%
10 Year-53.95%
15 Year-9.66%
Volatility
ATR(14)1.09
ATR(20)%2.58%
ATR Inc13.14%
Range Today1.38
ADR(20)1.07
ADR(20)%2.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.46
3 months CRS31.44
6 months CRS39.66
Mansfield-1.3
10 Day High44.13
10 Day Low41.04
20 Day High47.08
20 Day Low41.04
52 Week High62.16
52 Week Low41.04
CS1 End41.39
CR1 Start44.05
Volume & EV
DER(3)-1.75%
DER(5)-1.03%
Volume2.98M
Volume Incr-9.1%
Vol(5)2.67M
Vol(50)3.12M
MOLSON COORS BEVERAGE CO - B / TAP TA FAQ
What is the ChartMill technical rating of MOLSON COORS BEVERAGE CO - B (TAP) stock?
ChartMill assigns a technical rating of 0 / 10 to TAP.
What is the current trend direction of MOLSON COORS BEVERAGE CO - B (TAP) stock?
The current trend direction for MOLSON COORS BEVERAGE CO - B (TAP) is Bearish.
What is the RSI signal for MOLSON COORS BEVERAGE CO - B (TAP) stock?
MOLSON COORS BEVERAGE CO - B (TAP) has an RSI value of 48.3584. This indicates that the stock is currently neutral.
What is the short term momentum for TAP stock?
The short term momentum for MOLSON COORS BEVERAGE CO - B (TAP) is negative.
What is the buy/sell signal for MOLSON COORS BEVERAGE CO - B (TAP) stock?
The buy/sell signal for MOLSON COORS BEVERAGE CO - B (TAP) is sell as both the short term and long term trends are negative.