ANHEUSER-BUSCH INBEV-SPN ADR (BUD) Stock Technical Analysis
NYSE:BUD - New York Stock Exchange, Inc. - US03524A1088 - ADR - Currency: USD
We assign a technical rating of 4 out of 10 to BUD. BUD has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month BUD has a been trading in the 67.97 - 72.13 range, which is quite wide. It is currently trading near the lows of this range.
BUD is part of the Beverages industry. There are 32 other stocks in this industry. BUD outperforms 74% of them.
BUD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BUD is lagging the market slightly.
BUD has an average volume of 2141760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When compared to the yearly performance of all other stocks, BUD outperforms 59% of them, which is more or less in line with the market.
Although the technical rating is only medium, BUD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 68.65, a Stop Loss order could be placed below this zone.
More info and screens
62.39
72.42
2 important support areas can be observed.
- A support zone ranging from 67.54 to 68.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @63.02 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 69.28 to 71.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BUD is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BUD is down. |
| ChartMill Relative Strength | 59.66 | NEUTRAL | BUD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BUD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BUD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BUD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.87 | NEUTRAL | The RSI value for BUD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.36 | NEGATIVE | The MACD value suggests BUD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.77 | NEUTRAL | The Stochastics value for BUD is a neutral value. |
| Average True Range in percent/ATR (20) | 1.26 | LOW VOLATILITY | The low ATR as a percentage value for BUD suggests low volalility. |
| Average Directional Index/ADX (14) | 23.81 | NEUTRAL | The ADX value for BUD suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
68.91
-0.43 (-0.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg-0.62%
1 Week-0.32%
2 Weeks-2.88%
1 Month-3.66%
3 Month13.12%
6 Month41.06%
12 Month15.31%
2 Year20.26%
3 Year28.71%
5 Year26.6%
10 Year-42.36%
15 Year29.87%
Volatility
ATR(14)0.94
ATR(20)%1.26%
ATR Inc-33.57%
Range Today0.31
ADR(20)0.69
ADR(20)%1.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.66
Mansfield0.45
10 Day High71.77
10 Day Low67.97
20 Day High72.13
20 Day Low67.97
52 Week High72.13
52 Week Low45.94
CS1 End68.65
CR1 Start69.28
Volume & EV
DER(3)-0.08%
DER(5)1.9%
Volume1.14M
Volume Incr-21.62%
Vol(5)1.93M
Vol(50)2.14M