ANHEUSER-BUSCH INBEV-SPN ADR (BUD) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BUD - US03524A1088 - ADR
We assign a technical rating of 7 out of 10 to BUD. In the past year, BUD was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
Although BUD has an excellent technical rating, it does not offer a high quality setup 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.
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56.52
4 important support areas can be observed.
- A support zone ranging from 61.71 to 63.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 60.01 to 60.05. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @58.52 from a horizontal line in the daily time frame.
- A support zone ranging from 57.09 to 57.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 71.22 to 71.70. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for BUD is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BUD is up. |
| ChartMill Relative Strength | 83.17 | POSITIVE | BUD has a high relative strength, it outperformed 83.17% 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) | 66.94 | NEUTRAL | The RSI value for BUD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests BUD has a positive trend. |
| Stochastics (14,3) | 93.35 | OVERBOUGHT | The high Stochastics value suggests BUD may be overbought. |
| Average True Range in percent/ATR (20) | 1.66 | LOW VOLATILITY | The low ATR as a percentage value for BUD suggests low volalility. |
| Average Directional Index/ADX (14) | 15.71 | NEGATIVE | The low ADX value for BUD suggests a weak or negative trend. |
64.55
-0.43 (-0.66%)
ANHEUSER-BUSCH INBEV-SPN ADR / BUD FAQ
Can you provide the ChartMill technical rating for ANHEUSER-BUSCH INBEV-SPN ADR?
ChartMill assigns a technical rating of 7 / 10 to BUD.
What is the trend direction for BUD stock?
The current trend direction for ANHEUSER-BUSCH INBEV-SPN ADR (BUD) is Bearish.
What is the RSI signal for ANHEUSER-BUSCH INBEV-SPN ADR (BUD) stock?
ANHEUSER-BUSCH INBEV-SPN ADR (BUD) has an RSI value of 66.9409. This indicates that the stock is currently neutral.
What is the MACD signal for BUD stock?
The MACD indicator for ANHEUSER-BUSCH INBEV-SPN ADR (BUD) has a value of 0.298235, indicating a bearish trend.