Anheuser-Busch InBev SA/NV Stock Forecast
Anheuser-Busch InBev SA/NV stock price down 0.276% on Monday
(Updated on Jul 13, 2020)
The Anheuser-Busch InBev SA/NV stock price fell by -0.276% on the last day (Monday, 13th Jul 2020) from 47.18€ to 47.05€. During the last trading day the stock fluctuated 3.97% from a day low at 46.57€ to a day high of 48.42€. The price has fallen in 7 of the last 10 days but is still up by 7.86% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -353 thousand shares and in total, 2 million shares were bought and sold for approximately 86.44€ million.
The stock lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 13.23% during the next 3 months and, with a 90% probability hold a price between 50.22€ and 54.12€ at the end of this 3-month period.
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ABI.BB Signals & Forecast
The Anheuser-Busch InBev SA/NV stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, 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 45.05€ and 43.80€. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, July 10, 2020, and so far it has fallen -0.276%. Further fall is indicated 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.
Support, Risk & Stop-loss for Anheuser-Busch InBev SA/NV stock
On the downside, the stock finds support just below today's level from accumulated volume at 43.61€ and 41.90€. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Anheuser-Busch InBev SA/NV finds support just below today's level at 43.61€. If this is broken, then the next support from accumulated volume will be at 41.90€ and 41.80€.
In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved 1.85€ between high and low, or 3.97%. For the last week the stock has had daily average volatility of 3.06%.
Our recommended stop-loss: 44.70€ (-5.00%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 1 day ago.)
Trading Expectations (ABI.BB) For The Upcoming Trading Day Of Tuesday 14th
Since the stock is closer to the resistance from accumulated volume at 47.18€ (0.28%) than the support at 43.61€ (7.31%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is Anheuser-Busch InBev SA/NV stock A Buy?
Anheuser-Busch InBev SA/NV holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.000 Hold/Accumulate Unchanged
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for Anheuser-Busch InBev SA/NV of Tuesday, July 14, 2020
Fair opening price July 14, 2020 | Current price |
---|---|
47.35€ ( 0.631%) | 47.05€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ABI.BB
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 49.20 | 4.56 % | |
R2 | 48.49 | 3.06 % | ||
R1 | 48.05 | 2.13 % | ||
Current price: | 47.05 | |||
Support | S1 | 46.64 | -0.87 % | |
S2 | 46.20 | -1.80 % | ||
S3 | 45.50 | -3.30 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0 | . | |
R2 | 0 | . | ||
R1 | 47.18 | 0.276 % | ||
Current price | 47.05 | |||
Support | S1 | 43.61 | -7.31% | |
S2 | 41.90 | -10.95% | ||
S3 | 41.80 | -11.16% |
FAQ
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