Technical Analysis for TAP - Molson Coors Brewing Company Class B

Grade Last Price % Change Price Change
grade F 34.66 4.24% 1.41
TAP closed up 4.24 percent on Friday, July 10, 2020, on 53 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.
Earnings due: Jul 30
*** please verify all earnings dates ***

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Flat
Historical TAP trend table...

Date Alert Name Type % Chg
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish 4.24%
New 52 Week Low Weakness 4.24%
Stochastic Reached Oversold Weakness 4.24%
Oversold Stochastic Weakness 4.24%
Narrow Range Bar Range Contraction -0.23%
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -2.80%
Outside Day Range Expansion -2.80%

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Profile

Molson Coors Brewing Company manufactures and sells beer and other beverage products. The company sells its products in Canada under the Coors Light, Molson Canadian, Molson Export, Molson Canadian 67, Coors Light Iced T, Molson Dry, Molson M, Rickard's Red, Rickard's Blonde and other Rickard's brands, Carling, Carling Black Label, Pilsner, Keystone, Creemore Springs, Granville Island brands, Caffrey's, and Cobra brands. The company also brews or distributes licensed products under the Heineken, Amstel Light, Murphy's, Asahi, Asahi Select, Miller Lite, Miller Genuine Draft, Miller Chill, Milwaukee's Best, and Milwaukee's Best Dry brands. In addition, it distributes the Corona, Coronita, Negra Modelo, and Pacifico brands, through a joint venture agreement with Grupo Modelo S.A.B. de C.V., as well as Singha brand. Further, the company sells various brands in the United States and Puerto Rico comprising Coors Light, Miller Lite, Miller High Life, Keystone Light, Blue Moon, Leinenkugel's, Coors Banquet, Miller Genuine Draft, Icehouse, Mickey's, Milwaukee's Best, Hamm's, Old English 800, Blue Moon, Henry Weinhard's, George Killian's Irish Red, Leinenkugel's, Peroni Nastro Azzurro, Pilsner Urquell, Grolsch, Batch 19, Coors Non-Alcoholic, and Sharp's. Additionally, it sells various brands in the United Kingdom and Ireland that include Carling, Carling Zest, Coors Light, Worthington's, White Shield, Red Shield, Caffrey's, Sharp's Doom Bar, and Blue Moon; and various regional ale brands, as well as factored brands. The company also sells brands through a joint venture with Royal Grolsch N.V. and a joint venture called Cobra Beer Partnership Ltd. In addition, it sells Zima, Iceberg, Coors Gold, and Coors Extra brands. The company was formerly known as Adolph Coors Company and changed its name to Molson Coors Brewing Company in February 2005 as a result of its merger with Molson Inc. Molson Coors Brewing Company was founded in 1873 and is headquartered in Denver, Colorado.
Food And Drink Beverage Products Virginia Beer Brewing Coors Coors Brewing Company George Killian Henry Weinhard Miller Brewing Company Millercoors Molson Brewery Molson Coors Brewing Company Sharp's Doom Bar The Heritage Foundation Zima

Is TAP a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 61.94
52 Week Low 33.18
Average Volume 2,830,642
200-Day Moving Average 47.85
50-Day Moving Average 37.74
20-Day Moving Average 36.38
10-Day Moving Average 34.76
Average True Range 1.47
ADX 19.8
+DI 16.54
-DI 32.67
Chandelier Exit (Long, 3 ATRs ) 37.31
Chandelier Exit (Short, 3 ATRs ) 37.60
Upper Bollinger Band 40.12
Lower Bollinger Band 32.64
Percent B (%b) 0.27
BandWidth 20.56
MACD Line -1.28
MACD Signal Line -1.13
MACD Histogram -0.1492
Fundamentals Value
Market Cap 7.46 Billion
Num Shares 215 Million
EPS 10.01
Price-to-Earnings (P/E) Ratio 3.46
Price-to-Sales 1.97
Price-to-Book 1.43
PEG Ratio 2.59
Dividend 1.64
Dividend Yield 4.73%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 36.88
Resistance 3 (R3) 36.65 35.67 36.51
Resistance 2 (R2) 35.67 35.11 35.79 36.39
Resistance 1 (R1) 35.17 34.76 35.42 35.40 36.26
Pivot Point 34.19 34.19 34.32 34.31 34.19
Support 1 (S1) 33.69 33.63 33.94 33.92 33.06
Support 2 (S2) 32.71 33.28 32.83 32.93
Support 3 (S3) 32.21 32.71 32.81
Support 4 (S4) 32.44