Stock Trend Analysis Report
Prepared for you on Wednesday, October 28, 2020.
Ambev SA ADS (NYSE:ABEV)
Crossroads (+60) - ABEV is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 DOWN since Sep 24th, 2020 at 2.235
The intermediate-term trend has been UP since Oct 26th, 2020 at 2.540
The short-term trend has been UP since Oct 21st, 2020 at 2.440
Smart Scan Analysis for ABEV
Based on our trend formula, ABEV is rated as a +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||4.81||52wk High Date||2019-10-24|
|52wk Low||1.9||52wk Low Date||2020-05-13|
|Average Volume||21,002,989||Shares Outstanding||15,710,221|