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Archive
- 12/13/2024 -
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Monster Beverage (MNST) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was a first positive week for the Monster Beverage (MNST). During the week, the MNST climbed 0.49 points, or 0.94%, and closed at 52.76 on Friday, December 13, 2024. Weekly volume was -30% below average.
 Long-term trend: [See MNST long-term trend chart]
A long-term downtrend had started on February 16, 2023 at 105.45 and reached 43.32 on August 8, 2024. MNST lost 62.13 points, or 58.92%, in 77 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (41.67) is broken. A broken support is considered to be a long-term bullish signal. 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 uptrend had started on August 8, 2024 at 43.32 and reached 56.70 on November 14, 2024. MNST gained -13.38 points, or -30.89%, in 14 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (54.71) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. MNST may retest the broken support line. It is considered to be a resistance line now. 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 medium-term trend.
 Weekly Technical Indicators: [See MNST weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since September 6, 2024. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
 Short-term trend: [See MNST short-term trend chart]
A short-term downtrend had started on December 2, 2024 at 56.02 and reached 52.01 on December 9, 2024. MNST lost 4.01 points, or 7.16%, in 7 days. The price is now at the 18.70% retracement level.
 Daily Technical Indicators: [See MNST daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. 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 Williams' Percentage Range help.
The daily MACD line is below its signal line since November 14, 2024. This is an indication that the short-term trend is down.
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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 |
4 |
| Industry |
Soft Drinks |
23 |
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| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
56.02 |
| High Date |
12/02/2024 |
| Low |
52.01 |
| Low Date |
12/09/2024 |
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| Weekly 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 |
56.70 |
| High Date |
11/14/2024 |
| Low |
51.72 |
| Low Date |
11/18/2024 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Channel |
| Status |
Broken Support |
| Resistance |
59.44 |
| Support |
54.71 |
| Low |
43.32 |
| Low Date |
08/08/2024 |
| High |
56.70 |
| High Date |
11/14/2024 |
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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 |
61.23 |
| High Date |
03/13/2024 |
| Low |
43.32 |
| Low Date |
08/08/2024 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Falling Wedge |
| Status |
Broken Resistance |
| Resistance |
29.71 |
| Support |
41.67 |
| High |
105.45 |
| High Date |
02/16/2023 |
| Low |
43.32 |
| Low Date |
08/08/2024 |
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