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Archive - 7/24/2026 - 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 second consecutive positive week for the Molson Coors Brewing Company (TAP). During the week, the TAP climbed 0.02 points, or 0.05%, and closed at 40.95 on Friday, July 24, 2026. Weekly volume was -25% below average.
Long-term trend: [See TAP long-term trend chart] A long-term downtrend had started on July 26, 2023 at 70.90 and reached 38.04 on June 4, 2026. TAP lost 32.86 points, or 46.35%, in 149 weeks. The chart has formed a Falling Channel chart pattern. The price is near the trend support (40.18) line. The support is usually stronger when technical indicators are oversold. 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 support line in a long-term trend.
Medium-term trend: [See TAP medium-term trend chart] A medium-term downtrend had started on February 12, 2026 at 54.82 and reached 38.04 on June 4, 2026. TAP lost 16.78 points, or 30.61%, in 16 weeks. The price is now at the 17.34% retracement level.
Weekly Technical Indicators: [See TAP weekly technical indicators chart] Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly 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. 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 July 6, 2026 at 38.08 and reached 43.06 on July 17, 2026. TAP gained -4.98 points, or -13.08%, in 11 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 39.78 and resistance is at 44.37. 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 TAP daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since July 10, 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.
Candlestick pattern: [See TAP candlestick chart pattern] On Friday the chart has formed a Bearish Downside Tasuki Gap Candlestick pattern. This is a rare continuation formation that appears in a strongly downward moving market. The reliability of the Bearish Downside Tasuki Gap pattern is medium. Use the Technical Stock Screener to see the list of stocks that had a Bearish Downside Tasuki Gap 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 |
7 |
| Industry |
Brewers |
14 |
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| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
39.67 |
| Low Date |
07/23/2026 |
| High |
41.08 |
| High Date |
07/24/2026 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Valid |
| Resistance |
44.37 |
| Support |
39.78 |
| Low |
38.08 |
| Low Date |
07/06/2026 |
| High |
43.06 |
| High Date |
07/17/2026 |
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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 |
38.04 |
| Low Date |
06/04/2026 |
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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 |
38.04 |
| Low Date |
06/04/2026 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Falling Channel |
| Status |
Test Support |
| Resistance |
57.13 |
| Support |
40.18 |
| High |
70.90 |
| High Date |
07/26/2023 |
| Low |
38.04 |
| Low Date |
06/04/2026 |
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