The Greedy Trader Weekly Analysis
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Downtrend Resistance
Downtrend Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Stock market alert is a warning signal. Downtrend Resistance stock alert indicates that price is near long-term resistance trendline and probability of short-term trend reversal is high.

The strategy is based on selling long (or taking short) position on downtrend testing resistance. The strategy has low to medium risk and average reword.

Downtrend Resistance

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- 10/30/2026 -
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Monster Beverage (MNST) Technical Analysis

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Summary:
Weekly :Overbought sectorBroken trend resistance lineTrend resistance at 47.62
Daily :Williams' Percentage Range is strongly overboughtStochastic signal line moved below overbought areaRelative Strength Index, Lane's Stochastic and MACD bearish divergence20 Day Moving Average has crossed above the 50 Day Moving Average
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It was a fourth consecutive positive week for the Monster Beverage (MNST). During the week, the MNST gained 1.15 points, or 2.49%, and closed at 47.34 on Friday, October 30, 2026. Weekly volume was -20% below average.

MNST 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 MNST long-term trend chart]
A long-term uptrend had started on May 17, 2018 at 11.90 and reached 50.17 on July 17, 2026. MNST gained -38.27 points, or -321.60%, in 426 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (28.29) is broken. Usually a broken resistance is considered to be a long-term bullish 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 resistance line in a long-term trend.

Medium-term trend: [See MNST medium-term trend chart]
A medium-term downtrend had started on July 17, 2026 at 50.17 and reached 41.05 on September 29, 2026. MNST lost 9.12 points, or 18.18%, in 10 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (47.62). 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 MNST weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since August 14, 2026. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.

Short-term trend: [See MNST short-term trend chart]
A short-term uptrend had started on September 29, 2026 at 41.05 and reached 47.62 on October 30, 2026. MNST gained -6.57 points, or -16.00%, in 31 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 45.35 and resistance is at 50.46. 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 Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a short-term trend.

Daily Technical Indicators: [See MNST daily technical indicators chart]
Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. Daily Relative Strength Index, Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Relative Strength Index, Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Relative Strength Index, Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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 links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.

The daily MACD line is above its signal line since October 2, 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 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 68.80
Bearish
Williams' Percentage Range (W%R) 4.00
Strong Overbought
Lane's Stochastic (%D-Slow) 52.89
Bearish
Greed/Fear Indicator (GFI) 72.55
Moving Average Converg./Diverg. (MACD) 0.52 Bearish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 51.57
Williams' Percentage Range (W%R) 30.20
Lane's Stochastic (%D-Slow) 44.61
Greed/Fear Indicator (GFI) 54.93
Moving Average Converg./Diverg. (MACD) 1.24
Trading Signals
Description Value Chart
Weekly Trendline Resistance 50.46
Upper Bollinger Band 48.49
Monthly Trendline Resistance 47.62
Price 47.34
Daily Stochastic Crossing 46.21
Weekly Trendline Support 45.35
20 Day Moving Average 45.22
Parabolic System 44.88
50 Day Moving Average 44.76
Weekly Stochastic Crossing 44.52
Lower Bollinger Band 42.49
Monthly Trendline Support 38.69
Sector and Industry
Description Name Rank
Sector Consumer Staples 9
Industry Soft Drinks 81
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 44.92
Low Date 10/28/2026
High 47.62
High Date 10/30/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 50.46
Support 45.35
Low 41.05
Low Date 09/29/2026
High 47.62
High Date 10/30/2026
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Test Resistance
Resistance 47.62
Support 38.69
High 50.17
High Date 07/17/2026
Low 41.05
Low Date 09/29/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 21.66
Low Date 08/08/2024
High 50.17
High Date 07/17/2026
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 36.34
Support 28.29
Low 11.90
Low Date 05/17/2018
High 50.17
High Date 07/17/2026
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.