AB INBEV

- EUR (-)

- 15 min delayed data - Euronext Bruxelles

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	ABI
ISIN:	BE0974293251

AB INBEV - 1H - Technical analysis published on 02/08/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

22%

My opinion

Bullish above 59.74 EUR

My targets

62.13 EUR (+2.54%)

63.90 EUR (+5.46%)

My analysis

AB INBEV is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 59.74 EUR. The next resistance located at 62.13 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 63.90 EUR. After this resistance, buyers could then target 88.03 EUR. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.6

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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Additional analysis

Quotes

The AB INBEV rating is 60.59 EUR. On the day, this instrument gained +4.21% and was traded between 59.09 EUR and 61.16 EUR over the period. The price is currently at +2.54% from its lowest and -0.93% from its highest.

59.09

61.16

60.59

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by AB INBEV:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this AB INBEV chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	58.13	59.74	60.34	60.59	63.90	88.03	97.31
Change (%)	-4.06%	-1.40%	-0.41%	-	+5.46%	+45.29%	+60.60%
Change	-2.46	-0.85	-0.25	-	+3.31	+27.44	+36.72
Level	Intermediate	Minor	Major	-	Intermediate	Minor	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	57.33	58.21	59.40	60.28	61.47	62.35	63.54
Camarilla	60.02	60.21	60.40	60.59	60.78	60.97	61.16
Woodie	57.49	58.29	59.56	60.36	61.63	62.43	63.70
Fibonacci	58.21	59.00	59.49	60.28	61.07	61.56	62.35

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	55.27	56.11	56.71	57.55	58.15	58.99	59.59
Camarilla	56.91	57.05	57.18	57.31	57.44	57.57	57.71
Woodie	55.15	56.05	56.59	57.49	58.03	58.93	59.47
Fibonacci	56.11	56.66	57.00	57.55	58.10	58.44	58.99

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	52.04	54.35	55.93	58.24	59.82	62.13	63.71
Camarilla	56.44	56.80	57.15	57.51	57.87	58.22	58.58
Woodie	51.68	54.17	55.57	58.06	59.46	61.95	63.35
Fibonacci	54.35	55.84	56.75	58.24	59.73	60.64	62.13

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	74.56
MACD (12,26,9):	0.8100
Directional Movement:	31.65
AROON (14):	71.43
DEMA (21):	60.25
Parabolic SAR (0,02-0,02-0,2):	59.52
Elder Ray (13):	0.92
Super Trend (3,10):	59.36
Zig ZAG (10):	60.59
VORTEX (21):	1.2300
Stochastique (14,3,5):	87.14
TEMA (21):	60.80
Williams %R (14):	-14.96
Chande Momentum Oscillator (20):	3.08
Repulse (5,40,3):	0.2200
ROCnROLL:	1
TRIX (15,9):	0.1500
Courbe Coppock:	10.25

MA7:	58.01
MA20:	58.03
MA50:	58.16
MA100:	55.57
MAexp7:	60.28
MAexp20:	59.30
MAexp50:	58.45
MAexp100:	58.11
Price / MA7:	+4.45%
Price / MA20:	+4.41%
Price / MA50:	+4.18%
Price / MA100:	+9.03%
Price / MAexp7:	+0.51%
Price / MAexp20:	+2.18%
Price / MAexp50:	+3.66%
Price / MAexp100:	+4.27%

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:

This member declared not having a position on this financial instrument or a related financial instrument.

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