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Brewers Industry Stocks Technical Analysis - TAP

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- 10/23/2026 -
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Molson Coors Brewing Company (TAP) Technical Analysis

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Summary:
Weekly :Overbought sectorStochastic signal line moved above oversold areaWeekly  MACD line has moved above its signal lineTrend resistance at 41.84
Daily :Williams' Percentage Range and Lane's Stochastic are overboughtStochastic has declined below the signal lineBearish Harami Cross Candlestick
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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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 76.38
Williams' Percentage Range (W%R) 10.20
Overbought
Lane's Stochastic (%D-Slow) 86.23
Overbought
Greed/Fear Indicator (GFI) 84.14
Overbought
Moving Average Converg./Diverg. (MACD) 0.10
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 50.91
Williams' Percentage Range (W%R) 36.70
Lane's Stochastic (%D-Slow) 25.80
Greed/Fear Indicator (GFI) 46.17
Moving Average Converg./Diverg. (MACD) -1.50
Trading Signals
Description Value Chart
Upper Bollinger Band 42.20
Weekly Trendline Resistance 41.84
Daily Stochastic Crossing 41.34
Price 41.21
Parabolic System 40.15
50 Day Moving Average 39.20
Yearly Trendline Support 38.92
20 Day Moving Average 38.20
Weekly Stochastic Crossing 37.54
Lower Bollinger Band 35.73
Sector and Industry
Description Name Rank
Sector Consumer Staples 10
Industry Brewers 57
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
Weekly Trend
Monthly Trend
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
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 54.82
High Date 02/12/2026
Low 35.52
Low Date 09/28/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 64.66
High Date 03/10/2025
Low 35.52
Low Date 09/28/2026
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
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.