Best ways to trade: Constellation Brands, Inc.

Ticker: STZ
Asset type: Stocks
Last updated: Saturday, March 02, 2024 at 08:00 AM

Follow the section below to learn how to trade. Remember that past results are not necessarily indicative of future results. Learn more in the disclaimer. Pine Script™ is registered by TradingView Inc, for more info click here.

How easy it is to trade Constellation Brands, Inc.

Let’s start with a general overview of the asset to understand how it has performed in the past. This section compares how the traders perform, analyzing those we monitor. The most critical data are the max return from the best trader, how many are profitable, and our score, which measures how much is easy compared to other assets of the same type.

Traders results for Constellation Brands, Inc. (STZ)
WTT easy score
3/5
This indicator expresses how easy it was to trade in the last week

Let’s analyze the details of what happened:

Active Traders
41 of 3840
Traders still trading this asset

How many traders are trading Constellation Brands, Inc.?

We are closely tracking 3840 traders and their strategies. On 02-03-2024, there were still 41 traders trading Constellation Brands, Inc.. This implies that Constellation Brands, Inc. is relatively less favored as an asset.
All time return
24.19%
Highest return between our traders

What was the best return trading Constellation Brands, Inc.?

Among all the traders we have analysed (41), the best return we monitor is 24.19% on Constellation Brands, Inc..
Profitable traders
25.0%
How many are profitable

How many traders are profittable day trading Constellation Brands, Inc.?

At the moment 25.0% of the traders are creating some profit from their strategies.
Best Trading Strategy
Momentum
The most effective trading strategy

Which day trading strategy is the most efective for Constellation Brands, Inc.?

In the last period Momentum has been the most effective trading strategy.

If you don’t know what a trading strategy is, please check the training section(Trading Strategies).

Traders attitude
risk-on
Traders attitude in the last 7 days

What is the opinion of traders on the value of Constellation Brands, Inc.?

The current attitude of the investors regarding the asset is risk-on.

Best trading strategy for Constellation Brands, Inc. (BETA)

In this section, we are going to detail the trading strategy that is currently the most effective. Please refer to the training (trading strategies) section for more information. This strategy is created by analyzing thousands of strategies and combining the best features to form a new, optimized approach. We advise that this new feature is currently in BETA testing phase (Hazel AI system). Please be aware of its experimental nature and potential for unexpected issues or limited functionality.

Strategy Class
Momentum
Current best
Annual return
0.66%
Estimated of the annual return
Time scale
1m
Current best
Win Trades
0
% win trades
Num trades
53
Trades executed
Free Trading Strategy!

Subscribe to the free version and download the strategy.

Download the strategy for Constellation Brands, Inc.

Pine script is a system created by TradingView to backtest trading strategies and create custom indicators.

 

Let’s analyze the details of the strategy: 

Indicators

Explore the following key trading indicators that can help analyze price movements and guide trading decisions for Constellation Brands, Inc..
MACD
12/26/9
First indicator

Best lagging indicator for Constellation Brands, Inc.

 The first indicator is the most important for a strategy; what you find here are the parameters that must be used operationally.

RSI
4/24/74
Second indicator

Best leading indicator for Constellation Brands, Inc.

 The second indicator is also quite important for a strategy; Using two technical indicators in a strategy provides more confirmation and reduces false signals, leading to improved decision-making and potentially higher accuracy in identifying market trends and entry/exit points.

Macro Indicator
Go Premium to see it

Best macro indicator for Constellation Brands, Inc.

The third indicator focus on economic, financial, or geopolitical factors that impact asset prices. Fundamental indicators may include interest rates, economic growth, earnings reports, and news events. 

Entry point strategy

Discover potential entry points for Constellation Brands, Inc..
Main entry strategy
RSI < 24 and MACD > signal
The current best strategy for entry

Technical indicator entry strategy for Constellation Brands, Inc.

When combining indicators in a trading strategy for entry points, one approach is to look for convergence or agreement between multiple indicators. For example, if both the moving average crossover and the relative strength index (RSI) indicate a bullish signal, it strengthens the likelihood of a successful trade. This convergence provides more confidence in the entry point and increases the probability of a favorable outcome.

Other entry strategy
Go Premium to see it

Other entry strategy for Constellation Brands, Inc.

Available only in the premium version.

Alerts to monitor
Go Premium to see it

Alerts to monitor for Constellation Brands, Inc.

Available only in the premium version.

Exit point strategy

Discover potential exit points for Constellation Brands, Inc..
Main exit strategy
RSI > 74 and MACD < signal
The current best strategy for exit

Best exit strategy for Constellation Brands, Inc.

here you can find the detail for Implement an effective exit strategy for Constellation Brands, Inc..
Alerts to monitor
Go Premium to see it

Alerts to monitor for Constellation Brands, Inc.

Available only in the premium version.

Trading guide for Constellation Brands, Inc.

WTT score
3/5
Taking a closer look at Constellation Brands, Inc., this analysis wants to shed light on what the trading experience is. Constellation Brands, Inc. provides a moderate degree of trading ease, warranting consideration. The Constellation Brands, Inc. is subject to sharp and frequent price changes. Currently, Constellation Brands, Inc. is experiencing a significant uptrend, indicating bullish market sentiment. After careful consideration of the aforementioned factors, it becomes evident that trading with Constellation Brands, Inc. is reasonably advised.
Pro
– Investors can take advantage of steady market movements for balanced returns.

– The market is on a roll with consistent gains paving the way for lucrative investments.

Cons
– Potential for rapid reversals if the bullish sentiment falters.

Trend analysis

This section lists the main factor or risks of trading this product. Like the previous insights, we use data from our traders to analyze the risk factor of the asset. The most crucial point is how many traders are in green; a percentage below 20% indicates an investment that is very difficult to trade. 

Trend analysis for Constellation Brands, Inc. (STZ)

Market regimes are periods of persistent market conditions. They affect the relevance of investment factors and the success of trading strategies. 

How long the situation will stay similar for Constellation Brands, Inc.?

In this section discusses whether market conditions will persist for Constellation Brands, Inc..The current market sentiment is risk on. Over the past few weeks, the market has experienced an oscillation of 0.14 points, exhibiting a upward trend over 34927 periods. This suggests a relatively long-lasting market regime. The market has shown relatively stable price movements, indicating positive momentum and potential opportunities for investors.
How long is lasting?
95 Days
The number of days this trend is lasting

How long this trend is lasting for Constellation Brands, Inc.?

Alerts and risk factors

These are factors that can potentially change the perception of the stock. These factors can lead to a change in the regime. Please refer to the training section for more information.

Risk factor 1

Headline Risk
Type: News

What is the main risk factor for Constellation Brands, Inc.?

Risk factor 2

Reputation risk
Type: News

What is the second most important factor for Constellation Brands, Inc.?

Go Premium to see the alerts for Constellation Brands, Inc..

Brookers

Selecting the right broker is crucial in trading. This decision hinges on various criteria, including regional accessibility, cost-effectiveness, and compliance with local regulations. In this list, we present a concise, expert-curated list of brokers widely utilized by our seasoned traders to help you make an informed selection that aligns with your trading objectives.

Used by 32%
Exness
Used by 19%
Used by 9%
Download tested strategies now

Start to generate your second income today

Create a free account to continue and enjoy access to the best trading strategies for free for TradingView.