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Archive - 9/4/2026 - 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 the negative week for the Molson Coors Brewing Company (TAP). During the week, the TAP dropped -0.96 points, or -2.32%, and closed at 40.50 on Friday, September 4, 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 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 (39.59) 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 44.50 on August 6, 2026. TAP gained -6.46 points, or -16.98%, in 9 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 38.17 and resistance is at 45.93. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge pattern in a medium-term trend.
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. 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 6, 2026 at 44.50 and reached 39.57 on September 1, 2026. TAP lost 4.93 points, or 11.08%, in 26 days. The price is now at the 18.86% retracement level.
Daily Technical Indicators: [See TAP daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily 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 daily MACD line is below its signal line since August 24, 2026. This is an indication that the short-term trend is down. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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 crossed below the 50 Day Moving Average. While the medium-term trend is up and daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. 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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