Molson Coors Brewing (TAP) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for TAP · data as of Jun 25, 2026. The chart above is live; the read below updates daily.

$40.54last close · Jun 25, 2026

TAP Bullish Pennant Pattern

No chart pattern is currently detected on TAP. The most recent was a Bullish Pennant, detected Jun 26, 2026.

A Bullish Pennant is a breakdown that suggests the recent run may be rolling over. Across 13,034 backtested bullish pennants, the setup followed through 55.2% of the time, averaging +0.58R; TAP's own bullish pennants have hit 60.0%.

Projected move+10.8%

TAP's open Falling Wedge setup

TAP is in an open Falling Wedge setup — it broke down near $40.57, projecting a target near $37.88, with invalidation at $43.18.

How Bullish Pennants have performed

Win rate
55.2%
Avg return
+0.58R
Backtested trades
13,034
TAP win rate
60.0%

Historical pattern statistics (1986-11-26 – 2026-06-08), not a prediction.

TAP support and resistance levels

Price found a floor near $37.13 about 3 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $51.23 — still about 24% away.

  • Traders commonly watch $51.23 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • Nothing here is a signal to act — the long would have set up at the $37.13 floor about 3 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh entry.

Nearest auto-detected support sits near $39.19, resistance near $42.41. These are chart/swing-derived levels, not formula pivots.

Resistance
$42.41$42.98$43.31$51.16$53.92$54.90$100.50$107.39$128.41
Support
$39.19$38.43$38.07$30.58$29.70

TAP recent daily prices

DateOpenHighLowClose
Jun 25, 2026$40.44$40.99$40.07$40.54
Jun 24, 2026$40.00$41.00$39.74$40.53
Jun 23, 2026$40.22$40.28$39.49$39.71
Jun 22, 2026$38.83$39.67$38.64$39.64
Jun 18, 2026$39.06$39.61$38.80$39.40
Jun 17, 2026$40.40$40.46$38.61$39.05
Jun 16, 2026$40.98$41.21$40.33$40.60
Jun 15, 2026$41.29$42.04$40.61$40.89
Jun 12, 2026$41.33$41.72$40.49$41.58
Jun 11, 2026$41.06$41.29$40.65$40.93

TAP frequently asked questions

What chart pattern is TAP forming right now?
No pattern is currently detected on TAP. The most recent was a Bullish Pennant, detected Jun 26, 2026.
How reliable is a Bullish Pennant pattern, and what is its win rate?
Across TradingPal's backtest of the Bullish Pennant family (13,034 trades over 516 symbols), it resolved in the expected direction 55.2% of the time with an average of +0.58R. These are historical statistics, not a prediction.
What are the support and resistance levels for TAP?
Based on auto-detected, swing-derived levels (as of Jun 25, 2026), TAP's nearest support is around $39.19 and nearest resistance around $42.41.
What was TAP's closing price on Jun 25, 2026?
Molson Coors Brewing (TAP) last closed at $40.54 on Jun 25, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.

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