BOSTON BEER CO.
BOSTON BEER CO.
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: SAM
ISIN:

BOSTON BEER CO. - Daily - Technical analysis published on 11/14/2019 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
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Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Bearish
Technical indicators
39%
22%
39%
My opinion
Bearish under 373.23 USD
My targets
347.93 USD (-5.11%)
327.15 USD (-10.78%)
My analysis
In the short term, we can see an acceleration in the bearish trend on BOSTON BEER CO., which is a positive signal for sellers. As long as the price remains above 373.23 USD, a sale could be considered. The first bearish objective is located at 347.93 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 327.15 USD as an objective. Crossing it would then enable sellers to target 286.04 USD. If the price were to return above 373.23 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
4.1

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.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The BOSTON BEER CO. price is 366.66 USD. The price registered a decrease of -0.93% on the session and was traded between 363.57 USD and 371.08 USD over the period. The price is currently at +0.85% from its lowest and -1.19% from its highest.

363.57
371.08
366.66

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by BOSTON BEER CO.:

Technical


Technical analysis of this Daily chart of BOSTON BEER CO. indicates that the overall trend is bearish. The signals given by moving averages are 78.57% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, of the 18 technical indicators analysed by Central Analyzer, 7 are bullish, 7 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator: bullish divergence

Type : Bullish

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



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
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 286.04 327.15 347.93 366.66 373.23 441.26
Change (%) -21.99% -10.78% -5.11% - +1.79% +20.35%
Change -80.62 -39.51 -18.73 - +6.57 +74.60
Level Minor Major Major - Intermediate Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard347.50352.38361.24366.12374.98379.86388.72
Camarilla366.32367.58368.84370.10371.36372.62373.88
Woodie349.49353.37363.23367.11376.97380.86390.71
Fibonacci352.38357.63360.87366.12371.37374.61379.86


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard303.41324.33343.15364.08382.90403.82422.64
Camarilla351.04354.68358.33361.97365.61369.26372.90
Woodie302.35323.81342.10363.55381.84403.30421.59
Fibonacci324.33339.52348.90364.08379.26388.64403.82


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard302.97329.49351.97378.49400.97427.49449.97
Camarilla360.99365.48369.97374.46378.95383.44387.94
Woodie300.96328.48349.96377.48398.96426.48447.96
Fibonacci329.49348.21359.77378.49397.21408.77427.49

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 47.53
MACD (12,26,9): -5.2600
Directional Movement: -4.24
AROON (14): -35.71
DEMA (21): 362.79
Parabolic SAR (0,02-0,02-0,2): 345.26
Elder Ray (13): 0.84
Super Trend (3,10): 398.84
Zig ZAG (10): 366.66
VORTEX (21): 0.8700
Stochastique (14,3,5): 45.17
TEMA (21): 360.51
Williams %R (14): -48.11
Chande Momentum Oscillator (20): -8.39
Repulse (5,40,3): 2.8500
ROCnROLL: -1
TRIX (15,9): -0.1700
Courbe Coppock: 11.90
MA7: 359.75
MA20: 373.65
MA50: 374.44
MA100: 386.56
MAexp7: 364.12
MAexp20: 369.34
MAexp50: 375.85
MAexp100: 371.93
Price / MA7: +1.92%
Price / MA20: -1.87%
Price / MA50: -2.08%
Price / MA100: -5.15%
Price / MAexp7: +0.70%
Price / MAexp20: -0.73%
Price / MAexp50: -2.45%
Price / MAexp100: -1.42%

News


The latest news and videos published on BOSTON BEER CO. at the time of the analysis were as follows:

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

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