Stock Trend Analysis Report
Prepared for you on Tuesday, March 26, 2019.
Ambev SA ADS (NYSE:ABEV)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for ABEV
The long term trend has been UP since Jan 31st, 2019 at 4.8400
The intermediate term trend has been DOWN since Feb 28th, 2019 at 4.7707
The short term trend has been DOWN since Mar 21st, 2019 at 4.3800
Smart Scan Analysis for ABEV
Based on a pre-defined weighted trend formula for chart analysis, ABEV scored -60 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||7.43||52wk High Date||2018-03-14|
|52wk Low||3.77||52wk Low Date||2018-12-26|
|Average Volume||36,423,019||Shares Outstanding||15,710,221|