Constellation Brands, Inc. | STZ

Daily Technical Analysis of Constellation Brands, Inc.

Constellation Brands hasn't moved too much today but is slightly down, it has lost -0.29% since yesterday.

Currently STZ isn't at a clear support/resistance line that seems tradable. Constellation Brands hasn't established a very strong momentum in either direction over the last 3 months. We'll see if a stronger consensus among market participants emerges. STZ might find some support at the 208.68 level, buyers might push the price back up from here. But it's not very clear what will happen.

Last analyzed on 2024-11-13

Analyst Ratings for Constellation Brands By Price Target And Rating

The analysts feel fairly neutral on the prospects for Constellation Brands but a little more positive than negative. The current Analysts Sentiment Score is 24.00. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. Argus upgraded from Hold to Buy on 2024-04-15 and provided a price target of $306.00. On 2024-04-15 Barclays increased their price target by 0.34% to $295.00. Royal Bank of Canada gave a boost to their price target and moved to $308.00 from $295.00 on 2024-04-12. On 2024-04-12 Jefferies Financial Group increased their price target by 7.53% to $314.00. Roth Mkm reiterated a rating of Buy on 2024-04-12 and they set their price target at $305.00. HSBC decided to move up their price target on 2024-04-12 to $300.00 which is a 3.45% increase. On 2024-04-12 UBS Group increased their price target by 2.56% to $320.00. BMO Capital Markets provided a price target boost of 8.62% to $315.00 from $290.00 on 2024-04-12. Evercore ISI provided a price target boost of 3.33% to $310.00 from $300.00 on 2024-04-12. On 2024-04-10 there was confirmation of the previous rating by Wedbush which was Outperform and provided a price target of $300.00.

Company	Ratings Score ? Composite analyst sentiment score	Positive Ratings	Negative Ratings	Boost Price Target	Lower Price Target
STZ	24.00	32.79	0	15.65	-0.45

Earnings Per Share (EPS) Estimates By Year and Quarter

(updated 2024-03-26)

Company	YOY Growth Score (typical -20 to +20)	Revision Directions (-6 to +6)
STZ	0.00	0.00

Short interest for Constellation Brands

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Company	Short Score (typical 1-15) ? We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)	Short Interest	Days to Cover	Rate of Change	Shares Short
STZ	1.03	%0.8	1.3	-1.782	1270000

How Constellation Brands compares to the broader Consumer Defensive sector and the more specific Beverages - Alcoholic industry

Segment	Count	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Demark Sell ? Demark 9 indicators are designed to look for exhaustion in the selling or buying trend which can often be predictive of a reversal point. This indicator is triggered when there are 9 consecutive days where the closing price is higher/lower than the closing price 4 days ago. Like all indicators, it is best used in combinations with other factors.	Demark Buy	Short Interest	Analysts Ratings ? We track several different measures of analyst sentiment including ratings and price targets. To create a composite Analyst Sentiment Score, we weight several factors such as the recent rate of change which can be more predictive than the absolute level. We also weight each analyst's opinion based on their historic accuracy. We built in a time decay function to ensure that the rating reflects the current sentiment levels. Typical range (-80 to +80)
Beverages - Alcoholic Show Me Companies With: S-Momentum: Highest \| Lowest At Bottom Support At Top Resistance RSI Highest \| Lowest 1 Day Growth: Highest \| Lowest 5 Day Growth: Highest \| Lowest 1 Month Growth: Highest \| Lowest 6 Month Growth: Highest \| Lowest List All Stocks	4	-1.14	-3.25	-0.09	2.21	-0.02	-8.64	69.00	-55.63	-26.76	-20.59	-8624.72	-5416.32	0.00	0.00	2.27	9.29
Consumer Defensive Show Me Companies With: S-Momentum: Highest \| Lowest At Bottom Support At Top Resistance RSI Highest \| Lowest 1 Day Growth: Highest \| Lowest 5 Day Growth: Highest \| Lowest 1 Month Growth: Highest \| Lowest 6 Month Growth: Highest \| Lowest List All Stocks	99	0.04	-0.20	2.93	1.88	4.70	16.75	57.67	16.59	8.11	12.46	-13192.02	-14517.03	22.47	10.10	4.33	2.82

Social Sentiment for Constellation Brands

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.

Ticker	Social Sentiment(1-10)
STZ

Companies with the highest correlation to Constellation Brands

Company	Score	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Demark Sell ? Demark 9 indicators are designed to look for exhaustion in the selling or buying trend which can often be predictive of a reversal point. This indicator is triggered when there are 9 consecutive days where the closing price is higher/lower than the closing price 4 days ago. Like all indicators, it is best used in combinations with other factors.	Demark Buy	Short Interest Score
PRI \| PRIMERICA, INC.	0.51	-1.09	-0.75	5.45	12.79	30.59	40.81	90	90.73	74.35	49.38	0.00	-46421.42	0	0	1.83773
DOX \| Amdocs Limited	0.5	0.95	-2.31	-6.70	-1.73	3.41	0.20	67	30.37	10.73	9.36	-2333.17	-2272.24	0	0	1.65347
DEO \| Diageo plc	0.49	0.21	-0.33	-11.15	-10.25	-12.74	-15.59	23	-7.61	-11.71	-12.89	-56541.61	196.58	0	100	1.34733
HON \| Honeywell International,	0.48	-0.67	-1.73	8.40	10.57	13.68	18.53	94	7.23	10.22	11.86	0.00	-38282.54	100	0	1.59029
HGV \| Hilton Grand Vacations In	0.48	-0.07	-4.83	8.83	7.37	0.79	16.61	94	0.43	-0.27	-6.07	-738.66	-7146.27	0	0	4.9868
APG \| APi Group Corporation	0.46	0.70	-0.58	5.26	2.56	0.22	21.75	70	1.08	1.63	-1.81	-1585.88	-4838.14	0	0	3.84382
HWM \| Howmet Aerospace Inc.	0.46	1.81	4.31	17.37	22.36	43.29	127.03	77	113.98	80.75	166.43	0.00	-53173.66	0	0	1.16238
MCK \| McKesson Corporation	0.46	0.89	1.80	23.01	11.58	11.31	36.72	101	1.79	1.82	-1.85	196.42	-52549.91	100	0	1.78585

Top 3 correlating companies

See full charts for all peers

Research

Estimates

Ratings

Short Interest

Smart Money

Options

Financials

Social

Misc