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Archive - 5/22/2026 - Sign In to see current Signals. |
Molson Coors Brewing Company (TAP) Technical Analysis
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| Summary:
| | Weekly :    | | Daily :     Move cursor over the icon to see details.
| | It was a first positive week for the Molson Coors Brewing Company (TAP). During the week, the TAP gained 1.71 points, or 4.19%, and closed at 42.55 on Friday, May 22, 2026. It was the best weekly gain since March 27, 2026. TAP was trading at average weekly trading volume. TAP is a member of Brewers Industry. Brewers is the fourth most oversold industry. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See TAP long-term trend chart] A long-term downtrend had started on July 26, 2023 at 70.90 and reached 40.64 on May 4, 2026. TAP lost 30.26 points, or 42.68%, in 144 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 41.00 and resistance is at 57.95. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a long-term trend.
Medium-term trend: [See TAP medium-term trend chart] A medium-term downtrend had started on February 12, 2026 at 54.82 and reached 40.64 on May 4, 2026. TAP lost 14.18 points, or 25.87%, in 11 weeks. The chart has formed a Descending Triangle chart pattern. The downtrend resistance line (40.43) is broken. A broken support is considered to be a long-term bullish signal. 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 resistance line in a medium-term trend.
Weekly Technical Indicators: [See TAP weekly technical indicators chart] Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. During the last week, weekly Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. 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 March 13, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. 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 May 4, 2026 at 40.64 and reached 43.50 on May 8, 2026. TAP gained -2.86 points, or -7.04%, in 4 days. The price is now at the 33.22% retracement level.
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. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. Price is close to the 50 Day Moving Average. 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.
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