MOLSON COORS BEVERAGE CO - B (TAP)

US60871R2094 - Common Stock

62.54  -0.28 (-0.45%)

After market: 62.62 +0.08 (+0.13%)

Technical Rating and Analysis

2

Taking everything into account, TAP scores 2 out of 10 in our technical rating. TAP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

In the last month TAP has a been trading in the 61.70 - 69.18 range, which is quite wide. It is currently trading near the lows of this range.
TAP has an average volume of 1646460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the performance of all stocks over the past year, TAP turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
TAP is an average performer in the Beverages industry, it outperforms 61% of 32 stocks in the same industry.
TAP is currently trading in the middle 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 slightly.
Weekly and Daily overview Charts
TAP Weekly chart
TAP Daily chart
Setup Rating and Analysis

5

TAP has a poor technical rating and the quality of the setup is also only medium 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

57.48

68.68

3 important support areas can be observed.

  • A support zone ranging from 62.11 to 62.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @61.04 from a horizontal line in the daily time frame.
  • Support @58.06 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 63.59 to 65.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @66.91 from a trend line in the weekly time frame.
  • Resistance @68.00 from a horizontal line in the daily 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
CRS50.49
Mansfield-1.09
10 Day High66.87
10 Day Low61.7
20 Day High69.18
20 Day Low61.7
52 Week High70.9
52 Week Low55.67
Performance
1 Week-2.63%
2 Weeks-5.73%
1 Month-7%
3 Month-0.32%
6 Month10.2%
12 Month5.14%
2 Year15.52%
3 Year13.81%
5 Year-2.57%
10 Year4.29%
15 Year63.5%
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)33.22
LBB61.33
UBB68.15
TAP Daily chart

MOLSON COORS BEVERAGE CO - B

NYSE:TAP (4/26/2024, 7:18:38 PM)

After market: 62.62 +0.08 (+0.13%)

62.54

-0.28 (-0.45%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg-0.45%
1 Week-2.63%
2 Weeks-5.73%
1 Month-7%
3 Month-0.32%
6 Month10.2%
12 Month5.14%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.47
ATR(20)%2.03%
ATR Inc
Range Today0.77
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 High66.87
10 Day Low61.7
20 Day High69.18
20 Day Low61.7
52 Week High70.9
52 Week Low55.67
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.40M
Volume Incr21.29%
Vol(5)1.87M
Vol(50)1.65M