Explanation to Bollinger's Bands

Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.

Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.

Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation

BandWidth defines the current width of the band.
%b defines the current position within the band.

BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)

Live Samples:

Bollinger Bottleneck Buy Pattern 1
Bollinger Bottleneck Buy Pattern 2
Bollinger Bottleneck Sell Pattern

Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.

Source: http://www.bollingerbands.com

RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of MNST
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Monster Beverage Corporation stock price ended at $59.20 on Wednesday, after losing 0.202%.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Feb 23, 2024 Gain 7.07% PDF

The Monster Beverage Corporation stock price fell by -0.202% on the last day (Wednesday, 27th Mar 2024) from $59.32 to $59.20. During the last trading day the stock fluctuated 1.85% from a day low at $59.04 to a day high of $60.13. The price has fallen in 7 of the last 10 days and is down by -2.71% for this period. Volume has increased on the last day by 659 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 3 million shares were bought and sold for approximately $206.86 million.

The stock lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 4.48% during the next 3 months and, with a 90% probability hold a price between $58.66 and $64.03 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

MNST Signals & Forecast

The Monster Beverage Corporation stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $59.67. On a fall, the stock will find some support from the long-term average at approximately $57.90. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, March 13, 2024, and so far it has fallen -2.71%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Monster Beverage Corporation stock

Monster Beverage Corporation finds support from accumulated volume at $59.10 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $1.10 (1.85%) between high and low. For the last week, the stock has had daily average volatility of 1.23%.

Our recommended stop-loss: $57.08 (-3.58%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 10 days ago.)

Trading Expectations (MNST) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Monster Beverage Corporation to open at $59.46, and during the day (based on 14 day Average True Range), to move between $58.26 and $60.14, which gives a possible trading interval of +/-$0.94 (+/-1.59%) up or down from last closing price. If Monster Beverage Corporation takes out the full calculated possible swing range there will be an estimated 3.19% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $59.10 (0.17%) than the resistance at $59.38 (0.30%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Monster Beverage Corporation stock A Buy?

Monster Beverage Corporation holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: -0.546 Hold/Accumulate Unchanged

Predicted Opening Price for Monster Beverage Corporation of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$59.46 ( 0.431%) $59.20

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for MNST

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 60.55 2.28 %
R2 60.13 1.57 %
R1 59.87 1.14 %
Current price: 59.20
Support S1 59.04 -0.276 %
S2 58.78 -0.712 %
S3 58.36 -1.42 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 60.85 2.79 %
R2 60.45 2.11 %
R1 59.38 0.304 %
Current price 59.20
Support S1 59.10 -0.169%
S2 55.14 -6.86%
S3 55.02 -7.06%

MNST Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Nov 07, 1990 Nov 08, 1990 Dec 21, 1990 $0.0052 26.67%

FAQ

What is the symbol for Monster Beverage Corporation Stock and on which exchange is it traded?
The symbol for Monster Beverage Corporation is MNST and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Monster Beverage Corporation Stock?
Monster Beverage Corporation holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy Monster Beverage Corporation Stock?
Monster Beverage Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Monster Beverage Corporation Stock.

What's the current price of Monster Beverage Corporation Stock?
As of the end of day on the 2024-03-27, the price of an Monster Beverage Corporation (MNST) share was $59.20.

What is the 52-week high and low for Monster Beverage Corporation Stock?
The 52-week high for Monster Beverage Corporation Stock is $61.23 and the 52-week low is $47.13.

What is the market capitalization of Monster Beverage Corporation Stock?
As of the 2024-03-27, the market capitalization of Monster Beverage Corporation is 61.606B.

When is the next earnings date for Monster Beverage Corporation?
The upcoming earnings date for Monster Beverage Corporation is May 02, 2024.
Click to get the best stock tips daily for free!

About Monster Beverage Corporation

Monster Beverage Monster Beverage Corporation, through its subsidiaries, engages in development, marketing, sale, and distribution of energy drink beverages and concentrates in the United States and internationally. The company operates through three segments: Monster Energy Drinks, Strategic Brands, and Other. It offers carbonated energy drinks, non-carbonated, ready-to-drink iced teas, lemonades, juice cocktails, single-serve juices and fruit beverages, ready-t... MNST Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT