ANHEUSER-BUSCH INBEV SA SPONSORED ADR B - 1H - Technical analysis published on 09/25/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
28%
50%
22%
My opinion
Bearish under 54.35 USD
My targets
51.80 USD (-0.84%)
49.72 USD (-4.82%)
My analysis
ANHEUSER-BUSCH INBEV SA SPONSORED ADR B is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 54.35 USD. The next support located at 51.80 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 49.72 USD. Below this support, sellers could then target 39.52 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.8
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ANHEUSER-BUSCH INBEV SA SPONSORED ADR B price is 52.24 USD. The price is lower by -1.21% since the last closing and was traded between 51.79 USD and 52.49 USD over the period. The price is currently at +0.87% from its lowest and -0.48% from its highest.51.79
52.49
52.24
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this ANHEUSER-BUSCH INBEV SA SPONSORED ADR B chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 1 hour
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 39.52 | 49.72 | 51.80 | 52.24 | 55.60 | 58.05 | 59.68 |
| Change (%) | -24.35% | -4.82% | -0.84% | - | +6.43% | +11.12% | +14.24% |
| Change | -12.72 | -2.52 | -0.44 | - | +3.36 | +5.81 | +7.44 |
| Level | Intermediate | Major | Intermediate | - | Minor | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 50.69 | 51.25 | 52.06 | 52.62 | 53.43 | 53.99 | 54.80 |
| Camarilla | 52.50 | 52.63 | 52.75 | 52.88 | 53.01 | 53.13 | 53.26 |
| Woodie | 50.83 | 51.31 | 52.20 | 52.68 | 53.57 | 54.05 | 54.94 |
| Fibonacci | 51.25 | 51.77 | 52.09 | 52.62 | 53.14 | 53.46 | 53.99 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 54.35 | 55.25 | 56.41 | 57.31 | 58.47 | 59.37 | 60.53 |
| Camarilla | 56.99 | 57.18 | 57.37 | 57.56 | 57.75 | 57.94 | 58.13 |
| Woodie | 54.47 | 55.32 | 56.53 | 57.38 | 58.59 | 59.44 | 60.65 |
| Fibonacci | 55.25 | 56.04 | 56.53 | 57.31 | 58.10 | 58.59 | 59.37 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 48.60 | 51.12 | 54.64 | 57.16 | 60.68 | 63.20 | 66.72 |
| Camarilla | 56.49 | 57.04 | 57.60 | 58.15 | 58.70 | 59.26 | 59.81 |
| Woodie | 49.09 | 51.37 | 55.13 | 57.41 | 61.17 | 63.45 | 67.21 |
| Fibonacci | 51.12 | 53.43 | 54.86 | 57.16 | 59.47 | 60.90 | 63.20 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 30.07 | |
| MACD (12,26,9): | -0.7000 | |
| Directional Movement: | -21.03 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 52.05 | |
| Parabolic SAR (0,02-0,02-0,2): | 53.14 | |
| Elder Ray (13): | -0.52 | |
| Super Trend (3,10): | 53.55 | |
| Zig ZAG (10): | 52.09 | |
| VORTEX (21): | 0.8100 | |
| Stochastique (14,3,5): | 21.53 | |
| TEMA (21): | 52.03 | |
| Williams %R (14): | -78.43 | |
| Chande Momentum Oscillator (20): | -0.87 | |
| Repulse (5,40,3): | 0.0700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2100 | |
| Courbe Coppock: | 4.04 |
| MA7: | 54.56 | |
| MA20: | 56.48 | |
| MA50: | 56.14 | |
| MA100: | 52.36 | |
| MAexp7: | 52.38 | |
| MAexp20: | 53.06 | |
| MAexp50: | 54.36 | |
| MAexp100: | 55.46 | |
| Price / MA7: | -4.25% | |
| Price / MA20: | -7.51% | |
| Price / MA50: | -6.95% | |
| Price / MA100: | -0.23% | |
| Price / MAexp7: | -0.27% | |
| Price / MAexp20: | -1.55% | |
| Price / MAexp50: | -3.90% | |
| Price / MAexp100: | -5.81% |
Quotes :
2020-09-25 16:24:28
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15 min delayed data
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NYSE Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
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