USA - New York Stock Exchange - NYSE:BUD - US03524A1088 - ADR
We assign a technical rating of 7 out of 10 to BUD. In the last year, BUD was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Although BUD has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
56.52
We found 4 important support areas.
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 | NEUTRAL | NEUTRAL | The long term trend for BUD is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BUD is neutral. |
| ChartMill Relative Strength | 84.84 | POSITIVE | BUD has a high relative strength, it outperformed 84.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BUD is above the rising 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) | 63.71 | NEUTRAL | The RSI value for BUD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests BUD has a positive trend. |
| Stochastics (14,3) | 60.78 | NEUTRAL | The Stochastics value for BUD is a neutral value. |
| Average True Range in percent/ATR (20) | 1.59 | LOW VOLATILITY | The low ATR as a percentage value for BUD suggests low volalility. |
| Average Directional Index/ADX (14) | 17.89 | NEGATIVE | The low ADX value for BUD suggests a weak or negative trend. |
65.88
+1.22 (+1.89%)
ChartMill assigns a technical rating of 7 / 10 to BUD.
The current trend direction for ANHEUSER-BUSCH INBEV-SPN ADR (BUD) is Bearish.
ANHEUSER-BUSCH INBEV-SPN ADR (BUD) has an RSI value of 63.7103. This indicates that the stock is currently neutral.
The MACD indicator for ANHEUSER-BUSCH INBEV-SPN ADR (BUD) has a value of 0.0391687, indicating a bearish trend.