Ambev S.A. Technical Analysis (NYSE:ABEV)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. Just by looking at the Ambev S.A. stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the ABEV stock chart which creates a trading signal.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Ambev S.A.. Technical analysis uses an approach for Ambev S.A. stock analysis that does not care for the fair value of a company but uses price and volume data only.
Ambev S.A. Moving Average
Moving averages show the ABEV stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The 20 day moving average of $6.76 is below the last closing price of $6.9 and the 50 day moving average of $6.59 is below the last closing price of $6.9. The 10 and 20 day periods can predict short term moving average trends.
Ambev S.A. Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Ambev S.A.. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the upper band in the context of Ambev S.A. bollinger bands.
Ambev S.A. Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Ambev S.A. MACD indicator can be used to identify bullish and bearish trends for the stock.
Ambev S.A. Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 53.23 is the RSI value of ABEV stock.