Molson Coors Brewing(TAP)

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

Auto-detected technical analysis for TAP · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$41.04last close · Jul 22, 202652-week range $38.04$54.82 · 25.14% below the high
Falling Wedge · playing out now

TAP just broke higher out of a falling wedge — a brief, tidy pause inside a strong run. That's usually a breather before another push up.

On this chart, setups like it have followed through about 49% of the time.

As long as price stays above $38.08, the setup is intact — a daily close back below there is the cue to step away.

A natural first target sits near $42.60 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.

TAP Falling Wedge Pattern

TAP is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 2026.

DirectionBullishTarget$42.60Projected move+7.3%Breakout level$39.80

New to this pattern? What a falling wedge is and how to trade it →

How Falling Wedges Have Performed

Win rate
56.4%
Avg return
+0.52R
Backtested trades
10,683
TAP win rate
36.7%

Historical pattern statistics (1987-01-30 – 2026-07-17), not a prediction.

How these backtests work →

TAP Pattern Trade History

Every completed pattern trade our nightly backtest found on TAP's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
TriangleJun 30, 2026 @ $39.09Jul 16, 2026 @ $41.78Loss+10.4% · -1.13R
Falling WedgeMay 20, 2026 @ $42.58May 28, 2026 @ $40.57Loss+10.4% · -1.06R
Rising WedgeJan 13, 2026 @ $49.16Feb 17, 2026 @ $50.90Win+8.4% · +0.47R
Rising WedgeJan 5, 2026 @ $46.44Jan 12, 2026 @ $48.85Loss+9.0% · -1.07R
TriangleNov 5, 2024 @ $55.99Nov 20, 2024 @ $60.38Win+8.0% · +1.79R
TriangleOct 7, 2024 @ $54.76Nov 8, 2024 @ $59.56Loss+9.6% · -1.56R
TriangleSep 27, 2024 @ $55.82Oct 8, 2024 @ $53.97Loss+8.5% · -1.09R
Falling WedgeJun 11, 2024 @ $50.97Sep 3, 2024 @ $56.90Loss+9.4% · -1.44R
TriangleMar 5, 2024 @ $63.12Mar 26, 2024 @ $66.90Win+6.7% · +2.37R
TriangleFeb 7, 2024 @ $60.10Mar 7, 2024 @ $64.02Loss+5.4% · -1.13R
Rising WedgeAug 3, 2023 @ $66.16Oct 5, 2023 @ $59.65Win+11.2% · +1.37R
Bullish PennantJul 20, 2023 @ $69.77Aug 15, 2023 @ $63.65Loss+14.5% · -1.01R

Falling Wedge Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Learn about falling wedge

TAP Support and Resistance Levels

On the weekly chart, the nearest level worth watching is a floor below near $32.46 — where price has steadied before.

  • There's no clear ceiling close by yet, so this one line is the main thing to watch — a floor often acts like a cushion.
  • Watch how price behaves as it approaches $32.46 — that's where the next read tends to form.

TAP Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$41.37$41.40$40.74$41.04
Jul 21, 2026$41.11$41.60$40.64$40.86
Jul 20, 2026$40.95$41.68$40.63$41.61
Jul 17, 2026$42.32$43.06$40.76$40.93
Jul 16, 2026$39.99$41.89$39.88$41.78
Jul 15, 2026$38.80$40.00$38.53$39.61
Jul 14, 2026$39.61$39.75$38.45$38.86
Jul 13, 2026$39.67$40.50$39.42$39.88
Jul 10, 2026$38.84$39.80$38.75$39.17
Jul 9, 2026$38.64$39.18$38.30$38.74

TAP Frequently Asked Questions

What chart pattern is TAP forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a falling wedge on Molson Coors Brewing (TAP) on the daily chart, with a measured-move target of $42.60.
Is a falling wedge bullish or bearish?
The falling wedge detected on TAP is a bullish pattern, projecting a measured-move target of $42.60. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a falling wedge pattern, and what is its win rate?
Across TradingPal's backtest of the falling wedge family (10,683 trades over 628 symbols), it resolved in the expected direction 56.4% of the time with an average of +0.52R. These are historical statistics, not a prediction.
What is the price target if TAP's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $42.60 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was TAP's closing price on Jul 22, 2026?
Molson Coors Brewing (TAP) last closed at $41.04 on Jul 22, 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.