Monster Beverage rose 2.1% on Friday to 47.34, a new high for its October rally, on the heaviest volume in a month. Price is above all three EMAs and has cleared the 61.8% retracement of the summer fall. The falling trendline from the July high, now near 47.6, is the last hurdle before the 49–50 highs.
Daily Chart
MNST daily chart, 30 October 2026 close — 21/50/200 EMA, RSI(14) with its moving average, MACD(12,26,9), the falling trendline from the 17 July high and the rising trendline from early 2025. Price is pressing up against the falling line, with the rising line underneath near 42.
Trend and Structure
Monster peaked at 50.17 on 17 July, then fell to 41.05 on 29 September with a series of lower highs along the trendline. October turned it around: a double low at 41.05 and 41.41, right on the rising trendline from early 2025, then a steady climb above the 200 EMA (42.81), the 50 EMA (45.14) and the 21 EMA (45.49). The 21 is now above the 50, and last week's dip held at 44.92 before Friday's push to 47.62.
Key Levels
The level that matters most is the falling trendline near 47.6, just above Friday's 47.62 high. Below, the 61.8% retracement at 46.69 and the EMAs at 45.1–45.5 are the support.
| Type | Level | Why it matters |
|---|---|---|
| Resistance | 50.17 | 17 July high, the 2026 high |
| Resistance | 49.24 | 25 August high |
| Fib 78.6% | 48.22 | Deepest retracement of the summer fall |
| Trendline | ~47.6 | Falling trendline from the July high |
| Resistance | 47.62 | Friday's high |
| Current | 47.34 | Last close |
| Fib 61.8% | 46.69 | Cleared this week |
| EMA 21 | 45.49 | Short-term trend |
| EMA 50 | 45.14 | Medium-term trend |
| Support | 44.92 | 28 October low |
| EMA 200 | 42.81 | Long-term trend |
| Trendline | ~42 | Rising trendline from early 2025, held in September |
| Support | 41.05 | 29 September low |
Fibonacci levels are drawn from the 17 July high at 50.17 to the 29 September low at 41.05. Trendline levels are approximate and read from the chart.
Momentum and Volume
RSI(14) is at 63.01, above its own average of 59.99 and rising. MACD is at 0.68 against a signal line of 0.52, a histogram of +0.16, above zero. Friday's 13.3 million shares was about 1.5 times the 20-day average of 9.0 million, the heaviest day since 28 September.
Bull Case
Price closes above the trendline and Friday's 47.62 high. That would open the 78.6% level at 48.22, the August high at 49.24 and the July high at 50.17.
Bear Case
The trendline holds again and price closes below last week's 44.92 low, back under both short-term EMAs. That would point to the 200 EMA at 42.81 and the rising trendline near 42, with the September low at 41.05 just below.
Trade Scenarios
| Direction | Trigger | Stop | Target |
|---|---|---|---|
| Long | Daily close above 47.62 | 45.40 | 49.24, then 50.17 |
| Short | Daily close below 44.92 | 47.00 | 42.81, then 41.05 |
Risk warning: Technical analysis reflects probability, not certainty. Levels are reference points, not signals. Capital at risk. This is educational content, not investment advice.