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Archive
- 7/31/2026 -
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Molson Coors Brewing Company (TAP) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was a third consecutive positive week for the Molson Coors Brewing Company (TAP). During the week, the TAP gained 0.61 points, or 1.49%, and closed at 41.56 on Friday, July 31, 2026. Weekly volume was 20% above average.
 Long-term trend: [See TAP long-term trend chart]
A long-term downtrend had started on July 26, 2023 at 70.90 and reached 38.04 on June 4, 2026. TAP lost 32.86 points, or 46.35%, in 149 weeks. The chart has formed a Falling Channel chart pattern. The price is near the trend support (40.08) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a long-term trend.
 Medium-term trend: [See TAP medium-term trend chart]
A medium-term uptrend had started on June 4, 2026 at 38.04 and reached 43.62 on July 29, 2026. TAP gained -5.58 points, or -14.67%, in 7 weeks. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Weekly Technical Indicators: [See TAP weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since July 17, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help.
Short-term trend: [See TAP short-term trend chart]
A short-term uptrend had started on July 6, 2026 at 38.08 and reached 43.62 on July 29, 2026. TAP gained -5.54 points, or -14.55%, in 23 days. Price is near the Fibonacci 38.2% retracement level.
Daily Technical Indicators: [See TAP daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since July 10, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
 Candlestick pattern: [See TAP candlestick chart pattern]
On Friday the chart has formed a Bullish Meeting Lines Candlestick pattern. This pattern appears during a decline, and it is a sign that a potential bullish reversal is in play. The reliability of the Bullish Meeting Lines Candlestick pattern is medium. Use the Technical Stock Screener to see the list of stocks that had a Bullish Meeting Lines Candlestick pattern during the last week.
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