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Stock Trend Analysis Report
Prepared for you on Friday, September 29, 2023.
Monster Beverage Corporation (NASDAQ:MNST)
Long-Term Downtrend (-90) - MNST is in a strong downtrend that is likely to continue. While MNST is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MNST?
MarketClub looks at technical strength and momentum to determine if the timing is right for MNST.
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 MNST
The long-term trend has been DOWN since Aug 4th, 2023 at 55.28
The intermediate-term trend has been DOWN since Sep 5th, 2023 at 56.49
The short-term trend has been DOWN since Sep 15th, 2023 at 56.04
Smart Scan Analysis for MNST
Based on our trend formula, MNST is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 53.43 | 53.60 | 53.09 | 53.29 | +0.13 |
| Prev. Close | Volume | Bid | Ask | Time |
| 53.16 | 330098 | 2023-09-29 10:01:05 |
| Year High | 70.215 | Year High Date | 2018-01-29 |
| Year Low | 47.61 | Year Low Date | 2018-05-17 |
| 52wk High | 60.465 | 52wk High Date | 2023-05-05 |
| 52wk Low | 42.805 | 52wk Low Date | 2022-10-21 |
| Year End Close | 52.84 | Average Volume | 4,832,269 |
| Shares Outstanding | 1,047,518 | Short Interest | 5,183,636 |
| % Institutional | 83.3 | Market Cap | 30,987M |
| Assets | 926,333,800M | Liabilities | 142,187,400M |
| P/E Ratio | 39.2325 | Beta | 0.08 |
| Volatility | 32.19 |