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Brewers Industry Stocks Technical Analysis - TAPArchive - 10/23/2026 - 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 fourth positive week after 5 consecutive negative weeks for the Molson Coors Brewing Company (TAP). During the week, the TAP gained 1.69 points, or 4.28%, and closed at 41.21 on Friday, October 23, 2026. Weekly volume was -17% 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 trend support level is at 38.92 and resistance is at 55.87. 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 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 price is near the trend resistance line (41.84). The resistance is usually stronger when technical indicators are overbought. 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 resistance line in a medium-term trend.
Weekly Technical Indicators: [See TAP weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. 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. During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. 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 10.11% retracement level.
Daily Technical Indicators: [See TAP daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Use the following link to access Williams' Percentage Range 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 near its high and getting bigger. It indicates that the current short-term uptrend is strong.
Candlestick pattern: [See TAP candlestick chart pattern] On Friday the chart has formed a Bearish Harami Cross Candlestick pattern. A Bearish Harami Cross pattern occurs in an uptrend. It is a sign of disparity about the market’s health, it warns that the market may not continue in uptrend. The reliability of the Bearish Harami Cross pattern is moderate. Use the Technical Stock Screener to see the list of stocks that had a Bearish Harami Cross Candlestick pattern during the last week.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Consumer Staples |
10 |
| Industry |
Brewers |
57 |
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| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
35.52 |
| Low Date |
09/28/2026 |
| High |
41.85 |
| High Date |
10/22/2026 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Broadening Descending Wedge |
| Status |
Test Resistance |
| Resistance |
41.84 |
| Support |
32.17 |
| High |
44.50 |
| High Date |
08/06/2026 |
| Low |
35.52 |
| Low Date |
09/28/2026 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
54.82 |
| High Date |
02/12/2026 |
| Low |
35.52 |
| Low Date |
09/28/2026 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
64.66 |
| High Date |
03/10/2025 |
| Low |
35.52 |
| Low Date |
09/28/2026 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Falling Channel |
| Status |
Valid |
| Resistance |
55.87 |
| Support |
38.92 |
| High |
70.90 |
| High Date |
07/26/2023 |
| Low |
35.52 |
| Low Date |
09/28/2026 |
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