AB INBEV - 1H - Technical analysis published on 04/25/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
17%
39%
44%
My opinion
Bearish under 60.26 EUR
My targets
58.66 EUR (-1.63%)
57.90 EUR (-2.90%)
My analysis
The strong short-term decline of AB INBEV reinforces the current slightly bearish trend. As long as the price remains below 60.26 EUR, you could take advantage of this bearish acceleration. The first bearish objective is located at 58.66 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 57.90 EUR as an objective. Crossing it would then enable sellers to target 56.41 EUR. A return to above 60.26 EUR would be a sign of a correction of short-term bearish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
3.2
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AB INBEV rating is 59.63 EUR. On the day, this instrument lost -0.32% with the lowest point at 59.06 EUR and the highest point at 59.83 EUR. The deviation from the price is +0.97% for the low point and -0.33% for the high point.59.06
59.83
59.63
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this AB INBEV chart shows a slightly bearish trend. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators shows a slightly bearish signal.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
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
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 57.90 | 58.66 | 59.39 | 59.63 | 60.26 | 60.87 | 61.33 |
| Change (%) | -2.90% | -1.63% | -0.40% | - | +1.06% | +2.08% | +2.85% |
| Change | -1.73 | -0.97 | -0.24 | - | +0.63 | +1.24 | +1.70 |
| Level | Major | Minor | Minor | - | Intermediate | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 58.86 | 59.20 | 59.51 | 59.85 | 60.16 | 60.50 | 60.81 |
| Camarilla | 59.64 | 59.70 | 59.76 | 59.82 | 59.88 | 59.94 | 60.00 |
| Woodie | 58.85 | 59.19 | 59.50 | 59.84 | 60.15 | 60.49 | 60.80 |
| Fibonacci | 59.20 | 59.45 | 59.60 | 59.85 | 60.10 | 60.25 | 60.50 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 57.18 | 57.92 | 58.79 | 59.53 | 60.40 | 61.14 | 62.01 |
| Camarilla | 59.23 | 59.38 | 59.52 | 59.67 | 59.82 | 59.97 | 60.11 |
| Woodie | 57.26 | 57.95 | 58.87 | 59.56 | 60.48 | 61.17 | 62.09 |
| Fibonacci | 57.92 | 58.53 | 58.91 | 59.53 | 60.14 | 60.52 | 61.14 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 48.29 | 51.17 | 56.25 | 59.13 | 64.21 | 67.09 | 72.17 |
| Camarilla | 59.14 | 59.87 | 60.60 | 61.33 | 62.06 | 62.79 | 63.52 |
| Woodie | 49.39 | 51.72 | 57.35 | 59.68 | 65.31 | 67.64 | 73.27 |
| Fibonacci | 51.17 | 54.21 | 56.09 | 59.13 | 62.17 | 64.05 | 67.09 |
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): | 42.88 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -14.41 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 59.78 | |
| Parabolic SAR (0,02-0,02-0,2): | 60.10 | |
| Elder Ray (13): | -0.17 | |
| Super Trend (3,10): | 59.31 | |
| Zig ZAG (10): | 59.54 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 51.92 | |
| TEMA (21): | 59.70 | |
| Williams %R (14): | -57.52 | |
| Chande Momentum Oscillator (20): | -0.41 | |
| Repulse (5,40,3): | -0.1600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.08 |
| MA7: | 59.61 | |
| MA20: | 59.83 | |
| MA50: | 57.85 | |
| MA100: | 56.94 | |
| MAexp7: | 59.69 | |
| MAexp20: | 59.75 | |
| MAexp50: | 59.67 | |
| MAexp100: | 59.57 | |
| Price / MA7: | +0.03% | |
| Price / MA20: | -0.33% | |
| Price / MA50: | +3.08% | |
| Price / MA100: | +4.72% | |
| Price / MAexp7: | -0.10% | |
| Price / MAexp20: | -0.20% | |
| Price / MAexp50: | -0.07% | |
| Price / MAexp100: | +0.10% |
Quotes :
-
15 min delayed data
-
Euronext Bruxelles
News
Don't forget to follow the news on AB INBEV. At the time of publication of this analysis, the latest news was as follows:
- Budweiser and Premier League Pair Footballers and Music Icons for New Show Behind The Game
- Leading Brewery AB InBev Optimizes Infrastructure in Europe With Orange Business to Further Its Digital Business Goals
- AB InBev Wins Unprecedented Back-to-back “Creative Marketer of the Year”
- AB InBev Reports Full Year and Fourth Quarter 2022 Results
- ABI's CEO: First Global Executive to Visit China's Minister of Commerce This Year - AB InBev Invests for a Future with More Cheers in China
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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