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Stock Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Ambev S.A. American Depositary Shares (Each representing 1 Common Share) (NYSE:ABEV)
Long-Term Downtrend (-90) - ABEV is in a strong downtrend that is likely to continue. While ABEV is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ABEV?
MarketClub looks at technical strength and momentum to determine if the timing is right for ABEV.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ABEV
The long-term trend has been DOWN since Feb 13th, 2024 at 2.52
The intermediate-term trend has been DOWN since Feb 29th, 2024 at 2.50
The short-term trend has been DOWN since Apr 5th, 2024 at 2.37
Smart Scan Analysis for ABEV
Based on our trend formula, ABEV is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.26 | 2.29 | 2.23 | 2.29 | +0.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.28 | 18301337 | 2024-04-18 15:59:47 |
| Year High | 7.43 | Year High Date | 2018-03-14 |
| Year Low | 3.86 | Year Low Date | 2018-10-25 |
| 52wk High | 3.23 | 52wk High Date | 2023-06-23 |
| 52wk Low | 2.2501 | 52wk Low Date | 2024-04-16 |
| Average Volume | 13,601,048 | Shares Outstanding | 15,710,221 |
| Market Cap | 73,127M | Assets | 137,914,205M |
| Liabilities | 476,593,050M | P/E Ratio | 17.7778 |
| Volatility | 40.43 |