diff --git a/docs/references/monitoring.md b/docs/references/monitoring.md
index 6977a7e3a..a35605549 100644
--- a/docs/references/monitoring.md
+++ b/docs/references/monitoring.md
@@ -4,10 +4,58 @@ The Helm Operator exposes a metrics endpoint at `/metrics`  on the configured
 [`--listen`](operator.md#general-flags) address (defaults to `:3030`) with data
 in Prometheus format.
 
-The following metrics are exposed:
+## Metrics
 
 | Metric | Description
 |--------|---
-| `release_duration_seconds` | Release synchronization duration in seconds. |
+| `release_duration_seconds` | Release synchronization duration in seconds. This duration includes one or many `release_phase_durations`. |
 | `release_phase_duration_seconds` | Release phase synchronization duration in seconds. |
+| `release_phase_info` | The (negative) integer equaling the current phase of a release. Negative values are failed phases, `0` equals to unknown. See [release phases](#release-phases).
 | `release_queue_length_count` | Count of release jobs waiting in the queue to be processed. |
+
+
+### Release phases
+
+The following is a table of the values the `release_phase_info` metric exposes,
+and the phase they represent:
+
+| Value | Phase |
+|-------|---
+| `-4`  | `ChartFetchFailed`
+| `-3`  | `Failed`
+| `-2`  | `RollbackFailed`
+| `-1 ` | `RolledBack`
+| `0`   | `Unknown`
+| `1`   | `RollingBack`
+| `2`   | `Installing`
+| `3`   | `Upgrading`
+| `4`   | `ChartFetched`
+| `5`   | `Succeeded`
+
+## Prometheus alert rules examples
+
+The following is a list of Prometheus alert rules examples possible
+with the exposed metrics. We are open to [pull requests](
+https://github.com/fluxcd/helm-operator/pulls) adding additional rules.
+
+### Low queue throughput
+
+```yaml
+alert: HelmOperatorLowThroughput
+expr: flux_helm_operator_release_queue_length_count > 0
+for: 30m
+```
+
+### Automatic rollback of `HelmRelease`
+
+```yaml
+alert: HelmReleaseRolledBack
+expr: flux_helm_operator_release_phase_info == -1
+```
+
+### `HelmRelease` subject to an error
+
+```yaml
+alert: HelmReleaseError
+expr: flux_helm_operator_release_phase_info < -1
+```