Tickers analyzed: 130 | Updated: 2019-07-19 | Next Update: 2019-07-22
Today's Case: Anheuser-Busch InBev SA/NV (ABI)
ABI.BB Forecast and Technical Stock Analysis
Buy candidate since 2019-07-15 Gain 6.59%
Anheuser-Busch InBev SA/NV gained 5.54% in the last trading day ( Friday, 19th Jul 2019 ), rising from 79.22€ to 83.61€ , and has now gained 5 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 3.03% from a day low at 81.88€ to a day high of 84.36€. The price has fallen in 6 of the last 10 days , but is still up by 1.35% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 2.52 million more shares were traded than the day before. In total, 3.85 million shares bought and sold for approximately 322.08€ million.
- 30 day high of the ABI.BB stock price was 84.36€ and low was 76.03€.
- 90 day high was 84.36€ and low was 71.58€.
- 52 week high for Anheuser-Busch InBev SA/NV - 91.14€ and low - 56.32€.
Anheuser-Busch InBev SA/NV lies in the upper part of a wide and weak rising trend in the short term, and this will normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at 83.98€ will firstly indicate a stronger raising rate. Given the current short-term trend, the stock is expected to rise 5.16% during the next 3 months and, with 90% probability hold a price between 78.73€ and 88.32€ at the end of this period.
Only positive signals in the chart today. Anheuser-Busch InBev SA/NV holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at 79.70€ and 78.27€. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday July 15, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 80 ]
RSI14 is 68 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Anheuser-Busch InBev SA/NV finds support from accumulated volume at 79.79€.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved 2.48€ (3.03%) between high and low. For the last week, the stock has had daily average volatility of 1.94%.
Our recommended stop-loss: 80.33€ (-3.92%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 4 days ago.)
1.94 %Average volatility
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Anheuser-Busch InBev SA/NV holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Strong Buy Candidate.