|
|
Archive
- 10/30/2026 -
Sign In to see current Signals. |
Molson Coors Brewing Company (TAP) Technical Analysis
|
 |
| 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 -1.09 points, or -2.64%, and closed at 40.12 on Friday, October 30, 2026. Weekly volume was -24% below average.
TAP is a member of Consumer Staples Sector. Consumer Staples is the most overbought sector. 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 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 price is near the trend support (38.82) 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 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 chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 31.28 and resistance is at 41.55. A Broadening Descending 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 Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending 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 October 16, 2026. The distance between MACD and the signal line is low, but getting bigger. 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 September 28, 2026 at 35.52 and reached 41.85 on October 22, 2026. TAP gained -6.33 points, or -17.82%, in 24 days. The price is now at the 27.33% retracement level.
Daily Technical Indicators: [See TAP daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish 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 link to access Lane's Stochastic help.
The daily MACD line is above its signal line since October 1, 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 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.
| |
|
|