ABI.BB Forecast and Technical Stock Analysis
Hold candidate since 2019-09-13 PDF
Anheuser-Busch InBev SA/NV fell by -0.81% in the last day ( Friday, 13th Sep 2019 ) from 87.90€ to 87.19€ During the day the stock fluctuated 1.37% from a day low at 86.74€ to a day high of 87.93€. The price has fallen in 6 of the last 10 days , but is still up by 1.15% over the past 2 weeks. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -1.14 million shares and in total 1.48 million shares bought and sold for approximately 128.72€ million.
- 30 day high of the ABI.BB stock price was 89.71€ and low was 82.79€.
- 90 day high was 92.71€ and low was 74.36€.
- 52 week high for Anheuser-Busch InBev SA/NV - 92.71€ and low - 56.32€.
Anheuser-Busch InBev SA/NV lies in the lower part of a wide and strong rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at 84.94€ will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 11.22% during the next 3 months and, with 90% probability hold a price between 94.47€ and 108.32€ at the end of this period.
Anheuser-Busch InBev SA/NV holds buy signals from both short- and long-term moving averages, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down there will be some support from the lines at 85.88€ and 86.70€. A break down below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Thursday September 12, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 80 ]
RSI14 is 60 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 84.50€.
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 1.19€ (1.37%) between high and low. For the last week, the stock has had daily average volatility of 2.35%.
Our recommended stop-loss: 83.51€ (-4.22%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 1 day(s) ago.)
2.35 %Average volatility
Very Low Low Medium High Very High
Anheuser-Busch InBev SA/NV holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level, we recommend to hold or accumulate in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Hold/Accumulate.
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!