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Stock Trend Analysis Report
Prepared for you on Sunday, October 1, 2023.
Ambev S.A. American Depositary Shares (Each representing 1 Common Share) (NYSE:ABEV)
Strong Downtrend (-100) - ABEV is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ABEV continues to fall. 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.
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MarketClub’s Trade Triangles for ABEV
The long-term trend has been DOWN since Sep 1st, 2023 at 2.7600
The intermediate-term trend has been DOWN since Aug 3rd, 2023 at 2.9401
The short-term trend has been DOWN since Aug 25th, 2023 at 2.8600
Smart Scan Analysis for ABEV
Based on our trend formula, ABEV is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.610 | 2.610 | 2.570 | 2.575 | +0.015 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.580 | 14628551 | 2023-09-29 15:59:53 |
| Year High | 7.43 | Year High Date | 2018-03-14 |
| Year Low | 3.86 | Year Low Date | 2018-10-25 |
| 52wk High | 3.24 | 52wk High Date | 2022-11-04 |
| 52wk Low | 2.4 | 52wk Low Date | 2023-02-10 |
| Average Volume | 15,414,375 | Shares Outstanding | 15,710,221 |
| Market Cap | 73,127M | Assets | 142,063,954M |
| Liabilities | 518,859,220M | P/E Ratio | 17.7778 |
| Volatility | 40.43 |