Stock Trend Analysis Report
Prepared for you on Saturday, February 27, 2021.
Ambev SA ADS (NYSE:ABEV)
Weak Downtrend (-65) - ABEV is showing signs of a strengthening downtrend. Monitor ABEV as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for ABEV
The long-term trend has been UP since Nov 9th, 2020 at 2.65
The intermediate-term trend has been DOWN since Jan 22nd, 2021 at 2.90
The short-term trend has been DOWN since Feb 18th, 2021 at 2.76
Smart Scan Analysis for ABEV
Based on our trend formula, ABEV is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||7.43||Year High Date||2018-03-14|
|Year Low||3.86||Year Low Date||2018-10-25|
|52wk High||3.4||52wk High Date||2020-03-04|
|52wk Low||1.9||52wk Low Date||2020-05-13|
|Average Volume||23,272,728||Shares Outstanding||15,710,221|