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 9 out of 10 to BUD. Both in the recent history as in the last year, BUD has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
BUD is one of the better performing stocks in the Beverages industry, it outperforms 75% of 33 stocks in the same industry.
BUD is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so BUD is leading the market.
In the last month BUD has a been trading in the 62.12 - 67.55 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
BUD has an average volume of 2530520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, BUD did better than 85% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Besides having an excellent technical rating, BUD also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 67.42. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
57.92
68.09
We found 3 important support areas.
- A support zone ranging from 62.62 to 63.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @60.92 from a horizontal line in the weekly time frame.
- Support @58.51 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 67.42 to 67.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.86
Mansfield0.78
10 Day High67.55
10 Day Low64.51
20 Day High67.55
20 Day Low62.12
52 Week High67.55
52 Week Low45.94
Performance
1 Week-0.12%
2 Weeks1.2%
1 Month5.41%
3 Month24.06%
6 Month17.16%
12 Month-2.25%
2 Year23.41%
3 Year16.23%
5 Year40.57%
10 Year-45.34%
15 Year37.55%
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)
Technical Indicators
MACD(12,26,9)-0.07
RSI(14)56.64
LBB64.48
UBB67.2
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 65.97 | 64.50 | 1.47 (2.23%) | 25.00% |
| An entry @65.97. This is a Buy Stop order right above the 10 day moving average. | An exit @64.50. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.47 points, which is 2.23%. | For a 0.56% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BUD. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
65.9
-1.37 (-2.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg-2.04%
1 Week-0.12%
2 Weeks1.2%
1 Month5.41%
3 Month24.06%
6 Month17.16%
12 Month-2.25%
2 Year23.41%
3 Year16.23%
5 Year40.57%
10 Year-45.34%
15 Year37.55%
Volatility
ATR(14)1.02
ATR(20)%1.64%
ATR Inc8.19%
Range Today0.66
ADR(20)0.72
ADR(20)%1.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.86
Mansfield0.78
10 Day High67.55
10 Day Low64.51
20 Day High67.55
20 Day Low62.12
52 Week High67.55
52 Week Low45.94
CS1 End63.54
CR1 Start67.42
Volume & EV
DER(3)-2.44%
DER(5)-3.05%
Volume2.07M
Volume Incr0.31%
Vol(5)2.60M
Vol(50)2.53M