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 - Daily - Technical analysis published on 11/19/2019 (GMT)

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Londinia

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Court terme: Strongly bearish

De fond: Strongly bearish

Technical indicators

56%

11%

33%

My opinion

Bearish under 72.67 EUR

My targets

66.97 EUR (-6.62%)

57.35 EUR (-20.04%)

My analysis

The bearish trend is currently very strong for AB INBEV. As long as the price remains below the resistance at 72.67 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 66.97 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 57.35 EUR as an objective. Crossing it would then enable sellers to target 45.85 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.

FORCE

4.6

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.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

AB INBEV rating 71.72 EUR. The price registered an increase of +0.03% on the session and was between 71.52 EUR and 72.22 EUR. This implies that the price is at +0.28% from its lowest and at -0.69% from its highest.

71.52

72.22

71.72

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

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 result:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of AB INBEV indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

In fact, 10 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Momentum indicator is back over 0

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 support of channel

Type : Bullish

Timeframe : Daily

Near support of triangle

Type : Bullish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	45.85	57.35	66.97	71.72	72.67	78.70	84.30
Change (%)	-36.07%	-20.04%	-6.62%	-	+1.32%	+9.73%	+17.54%
Change	-25.87	-14.37	-4.75	-	+0.95	+6.98	+12.58
Level	Minor	Major	Major	-	Major	Major	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	70.62	70.92	71.31	71.61	72.00	72.30	72.69
Camarilla	71.51	71.57	71.64	71.70	71.76	71.83	71.89
Woodie	70.66	70.94	71.35	71.63	72.05	72.32	72.74
Fibonacci	70.92	71.18	71.34	71.61	71.87	72.04	72.30

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	67.78	68.88	70.12	71.22	72.45	73.55	74.79
Camarilla	70.71	70.93	71.14	71.35	71.57	71.78	72.00
Woodie	67.85	68.92	70.19	71.25	72.52	73.58	74.86
Fibonacci	68.88	69.77	70.32	71.22	72.11	72.66	73.55

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	48.87	60.02	65.63	76.78	82.39	93.54	99.16
Camarilla	66.64	68.17	69.71	71.25	72.78	74.32	75.86
Woodie	46.10	58.63	62.86	75.40	79.63	92.16	96.39
Fibonacci	60.02	66.42	70.38	76.78	83.18	87.14	93.54

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):	33.70
MACD (12,26,9):	-2.4200
Directional Movement:	-12.71
AROON (14):	-42.86
DEMA (21):	69.66
Parabolic SAR (0,02-0,02-0,2):	70.07
Elder Ray (13):	-0.06
Super Trend (3,10):	74.51
Zig ZAG (10):	71.72
VORTEX (21):	0.8100
Stochastique (14,3,5):	66.86
TEMA (21):	69.47
Williams %R (14):	-28.47
Chande Momentum Oscillator (20):	1.19
Repulse (5,40,3):	-0.1600
ROCnROLL:	2
TRIX (15,9):	-0.5700
Courbe Coppock:	6.93

MA7:	71.28
MA20:	72.23
MA50:	79.50
MA100:	81.90
MAexp7:	71.41
MAexp20:	73.13
MAexp50:	77.20
MAexp100:	78.70
Price / MA7:	+0.62%
Price / MA20:	-0.71%
Price / MA50:	-9.79%
Price / MA100:	-12.43%
Price / MAexp7:	+0.43%
Price / MAexp20:	-1.93%
Price / MAexp50:	-7.10%
Price / MAexp100:	-8.87%

News

The latest news and videos published on AB INBEV 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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