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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Molson Coors Beverage Company Class B (NYSE:TAP)
Bear Market Rally (-75) - TAP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TAP as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid TAP?
MarketClub looks at technical strength and momentum to determine if the timing is right for TAP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for TAP
The long-term trend has been DOWN since Apr 30th, 2024 at 58.90
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 66.22
The short-term trend has been UP since May 8th, 2024 at 58.71
Smart Scan Analysis for TAP
Based on our trend formula, TAP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 58.28 | 58.87 | 58.27 | 58.66 | +0.45 |
| Prev. Close | Volume | Bid | Ask | Time |
| 58.21 | 363368 | 2024-05-09 11:39:32 |
| Year High | 85.86 | Year High Date | 2018-01-11 |
| Year Low | 55.52 | Year Low Date | 2018-10-26 |
| 52wk High | 70.9 | 52wk High Date | 2023-07-26 |
| 52wk Low | 55.665 | 52wk Low Date | 2023-11-02 |
| Year End Close | 42.79 | Average Volume | 2,206,827 |
| Shares Outstanding | 203,523 | Short Interest | 3,268,497 |
| % Institutional | 73 | Market Cap | 12,198M |
| Assets | 260,723,000M | Liabilities | 129,522,000M |
| Beta | 0.79 | Volatility | 40.83 |