|
|
Archive
- 10/9/2026 -
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 a second positive week after 5 consecutive negative weeks for the Molson Coors Brewing Company (TAP). During the week, the TAP climbed 0.34 points, or 0.92%, and closed at 37.20 on Friday, October 9, 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 (39.12) 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 chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 33.93 and resistance is at 42.32. 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 Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. 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 link to access Lane's Stochastic 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 uptrend had started on September 28, 2026 at 35.52 and reached 38.05 on October 8, 2026. TAP gained -2.53 points, or -7.12%, in 10 days. The price is now at the 33.60% 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 October 1, 2026. This is an indication that the short-term trend is up.
| |
|
|