AB INBEV - Daily - Technical analysis published on 09/23/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 84.38 EUR
My targets
91.11 EUR (+4.11%)
100.60 EUR (+14.96%)
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 84.38 EUR. The next resistance located at 91.11 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 100.60 EUR. After this resistance, buyers could then target 109.35 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.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
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 AB INBEV price is 87.51 EUR. The price is lower by -0.64% since the last closing and was traded between 87.04 EUR and 87.64 EUR over the period. The price is currently at +0.54% from its lowest and -0.15% from its highest.87.04
87.64
87.51
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AB INBEV:
Technical
Technical analysis of AB INBEV in Daily shows a strongly overall bullish trend. 89.29% 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. An assessment of moving averages reveals a bearish signal that could impact this trend:
Moving Average bearish crossovers : MA20 & MA50
Type : Bearish
Timeframe : Daily
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : Daily
Near resistance of triangle
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 72.58 | 78.62 | 84.38 | 87.51 | 91.11 | 100.60 | 109.35 |
| Change (%) | -17.06% | -10.16% | -3.58% | - | +4.11% | +14.96% | +24.96% |
| Change | -14.93 | -8.89 | -3.13 | - | +3.60 | +13.09 | +21.84 |
| Level | Intermediate | Major | Major | - | Major | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 84.02 | 84.83 | 86.45 | 87.26 | 88.88 | 89.69 | 91.31 |
| Camarilla | 87.40 | 87.62 | 87.85 | 88.07 | 88.29 | 88.52 | 88.74 |
| Woodie | 84.43 | 85.03 | 86.86 | 87.46 | 89.29 | 89.89 | 91.72 |
| Fibonacci | 84.83 | 85.76 | 86.33 | 87.26 | 88.19 | 88.76 | 89.69 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 83.31 | 84.48 | 86.27 | 87.44 | 89.23 | 90.40 | 92.19 |
| Camarilla | 87.26 | 87.53 | 87.80 | 88.07 | 88.34 | 88.61 | 88.88 |
| Woodie | 83.63 | 84.64 | 86.59 | 87.60 | 89.55 | 90.56 | 92.51 |
| Fibonacci | 84.48 | 85.61 | 86.31 | 87.44 | 88.57 | 89.27 | 90.40 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 71.84 | 77.31 | 81.76 | 87.23 | 91.68 | 97.15 | 101.60 |
| Camarilla | 83.47 | 84.38 | 85.29 | 86.20 | 87.11 | 88.02 | 88.93 |
| Woodie | 71.32 | 77.06 | 81.24 | 86.98 | 91.16 | 96.90 | 101.08 |
| Fibonacci | 77.31 | 81.10 | 83.44 | 87.23 | 91.02 | 93.36 | 97.15 |
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): | 55.44 | |
| MACD (12,26,9): | 0.5200 | |
| Directional Movement: | 8.96 | |
| AROON (14): | 7.14 | |
| DEMA (21): | 87.22 | |
| Parabolic SAR (0,02-0,02-0,2): | 84.35 | |
| Elder Ray (13): | 0.49 | |
| Super Trend (3,10): | 88.87 | |
| Zig ZAG (10): | 87.49 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 60.55 | |
| TEMA (21): | 87.20 | |
| Williams %R (14): | -36.36 | |
| Chande Momentum Oscillator (20): | 2.43 | |
| Repulse (5,40,3): | 1.7900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 3.97 |
| MA7: | 87.32 | |
| MA20: | 86.24 | |
| MA50: | 86.33 | |
| MA100: | 81.41 | |
| MAexp7: | 87.22 | |
| MAexp20: | 86.59 | |
| MAexp50: | 85.21 | |
| MAexp100: | 82.20 | |
| Price / MA7: | +0.22% | |
| Price / MA20: | +1.47% | |
| Price / MA50: | +1.37% | |
| Price / MA100: | +7.49% | |
| Price / MAexp7: | +0.33% | |
| Price / MAexp20: | +1.06% | |
| Price / MAexp50: | +2.70% | |
| Price / MAexp100: | +6.46% |
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:
- AB InBev Redefines Smart Drinking Strategy in China by Multi-cultural Approach to Influence the Rising Gen-z
-
AB InBev Seeks $9.8 Bln For Asian Stake In IPO
- Harris Rabin, former ABInBev & Bayer leader, joins Vireo Health as Chief Marketing Officer
- Asia Clean Capital Kicks off Solar Facility for AB InBev in Yunnan
- Kiip and AB InBev Launch First Blockchain Mobile Ad Campaign
This member declared not having a position on this financial instrument or a related financial instrument.
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