|
Archive - 8/29/2025 - Sign In to see current Signals. |
Molson Coors Brewing Company (TAP) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :    Move cursor over the icon to see details.
| | It was the negative week for the Molson Coors Brewing Company (TAP). During the week, the TAP dropped -2.32 points, or -4.39%, and closed at 50.49 on Friday, August 29, 2025. Weekly volume was -11% below average. TAP 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 TAP long-term trend chart] A long-term downtrend had started on July 26, 2023 at 70.90 and reached 46.94 on June 27, 2025. TAP lost 23.96 points, or 33.79%, in 100 weeks. The price is now at the 14.82% retracement level.
Medium-term trend: [See TAP medium-term trend chart] A medium-term uptrend had started on June 27, 2025 at 46.94 and reached 52.94 on August 22, 2025. TAP gained -6.00 points, or -12.78%, in 8 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 48.56 and resistance is at 53.12. A Rising 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 Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.
Weekly Technical Indicators: [See TAP weekly technical indicators chart] Weekly technical indicators are neutral. 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 downtrend had started on August 22, 2025 at 52.94 and reached 49.79 on August 28, 2025. TAP lost 3.15 points, or 5.95%, in 6 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See TAP daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
| |
|
|