Anheuser-Busch Technical Analysis (NYSE:BUD)
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. When a chart pattern that can predict future Anheuser-Busch stock price movements is formed, the BUD stock chart can become a key tool for a technical analyst.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for Anheuser-Busch. Technical analysis is used by finance professionals and is popular among traders, especially day traders. Undertaking Anheuser-Busch stock analysis using these technical indicators helps identify trading opportunities.
Anheuser-Busch Moving Average:
Moving averages help predict the price direction of BUD stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $119.2 is above the price of $116.39.
Anheuser-Busch Bollinger Bands:
Bollinger Bands developed from the concept of trading bands and can be used to measure the high-low range of Anheuser-Busch stock price relative to previous trades. The stock price is trading between the average and the lower band in the context of Anheuser-Busch bollinger bands.
Anheuser-Busch Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Anheuser-Busch MACD line is above the signal line.
Anheuser-Busch Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of BUD stock is 37.64. .