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Downtrend Broken Resist.Archive
- 1/17/2025 -
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Monster Beverage (MNST) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :
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| | It was the negative week for the Monster Beverage (MNST). During the week, the MNST gave back -0.33 points, or -0.66%, and closed at 49.41 on Friday, January 17, 2025. Weekly volume was 11% above average.
MNST is a member of Consumer Staples Sector. Consumer Staples is the most oversold 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 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 (41.26) 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 (57.45) 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.
During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. 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 January 2, 2025 at 53.31 and reached 48.39 on January 16, 2025. MNST lost 4.92 points, or 9.23%, in 14 days. The price is now at the 20.73% retracement level.
 Daily Technical Indicators: [See MNST daily technical indicators chart]
Daily Relative Strength Index and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Relative Strength Index and Lane's Stochastic. Daily Lane's Stochastic and MACD have bullish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic and MACD bullish 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 and Relative Strength Index help.
The daily MACD line is below its signal line since January 6, 2025. This is an indication that the short-term trend is down.
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