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Archive
- 10/2/2026 -
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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 first positive week after 5 consecutive negative weeks for the Molson Coors Brewing Company (TAP). During the week, the TAP gained 0.91 points, or 2.53%, and closed at 36.86 on Friday, October 2, 2026. It was the best weekly gain since August 7, 2026. TAP was trading at average weekly trading volume.
 Long-term trend: [See TAP long-term trend chart]
A long-term downtrend had started on July 26, 2023 at 70.90 and reached 35.52 on September 28, 2026. TAP lost 35.38 points, or 49.90%, in 165 weeks. The chart has formed a Falling Channel chart pattern. The downtrend support line (39.22) is broken. Usually a broken support is considered to be a long-term bearish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
 Medium-term trend: [See TAP medium-term trend chart]
A medium-term downtrend had started on August 6, 2026 at 44.50 and reached 35.52 on September 28, 2026. TAP lost 8.98 points, or 20.18%, in 7 weeks. The price is now at the 14.92% retracement level.
 Weekly Technical Indicators: [See TAP weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is below its signal line since September 18, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help.
 Short-term trend: [See TAP short-term trend chart]
A short-term downtrend had started on August 24, 2026 at 43.92 and reached 35.52 on September 28, 2026. TAP lost 8.40 points, or 19.13%, in 35 days. The chart has formed a Falling Wedge chart pattern.
 Daily Technical Indicators: [See TAP daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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