Technical Analysis for ABEV - Ambev S.A.

Grade Last Price % Change Price Change
D 2.43 0.83% 0.02
ABEV closed up 0.83 percent on Friday, May 3, 2024, on 40 percent of normal volume. It ran into resistance at its 50 day moving average. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
Earnings due: May 8
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Flat Up

Date Alert Name Type % Chg
50 DMA Resistance Bearish 0.00%
Stochastic Reached Overbought Strength 0.00%
Weak + Overbought Other 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Crossed Above 20 DMA Bullish 0.83%
New Uptrend Bullish 0.83%
Pocket Pivot Bullish Swing Setup 0.83%
Gapped Up Strength 0.83%

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Profile

Ambev S.A. Description

Companhia de Bebidas das Américas – Ambev produces, distributes, and sells beer, draft beer, soft drinks, other non-alcoholic beverages, malt, and food in the Americas. It provides carbonated soft drinks, bottled water, isotonic beverages, energy drinks, and ready-to-drink teas. The company offers its products under the Skol, Brahma, Antarctica, Guaraná Antarctica, Pepsi Cola, Gatorade, H2OH!, Lipton Iced Tea, Brahva, Brahva Beats, Brahva Light, Extra, Budweiser, Becks & Stella Artois, Presidente, Brahma Light, President Light, Bohemia, The One, Corona, Stella Artois, Red Rock, Seven UP, Zenda, Concordia, Evervess, Triple Kola, Quilmes Cristal, Pepsi, Paceña, Taquiña, Huari, Becker, Báltica, Pilsen, Patricia, Bud Light, Labatt Blue, Alexander Keith's, and Kokanee brand names. It has an agreement with PepsiCo International, Inc. to bottle, sell, and distribute Pepsi products in Brazil and in other Latin American countries; and a licensing agreement with Anheuser-Busch, Inc. to produce, bottle, sell, and distribute Budweiser products in Brazil, Canada, Ecuador, Guatemala, the Dominican Republic, and Paraguay. The company also produces and distributes Stella Artois under license to Anheuser-Busch InBev S.A./N.V. in Brazil, Canada, Argentina, and other countries. It offers its products through a network of third-party distributors and a direct distribution system. The company was founded in 1885 and is headquartered in São Paulo, Brazil. Companhia de Bebidas das Américas – Ambev is a subsidiary of Interbrew International B.V.


Classification

Sector: Consumer Defensive
Industry: Beverages - Brewers
Keywords: Drink Alcohol Beer Soft Drink Energy Drink Cola Brewing The One Bottled Water Iced Tea Leuven Anheuser Busch Inbev Inbev Brands Stella Artois

Is ABEV a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 3.0671
52 Week Low 2.23
Average Volume 13,905,704
200-Day Moving Average 2.59
50-Day Moving Average 2.44
20-Day Moving Average 2.34
10-Day Moving Average 2.34
Average True Range 0.05
RSI (14) 57.26
ADX 24.84
+DI 25.14
-DI 17.76
Chandelier Exit (Long, 3 ATRs) 2.35
Chandelier Exit (Short, 3 ATRs) 2.39
Upper Bollinger Bands 2.45
Lower Bollinger Band 2.23
Percent B (%b) 0.91
BandWidth 9.42
MACD Line -0.02
MACD Signal Line -0.04
MACD Histogram 0.0195
Fundamentals Value
Market Cap 38.27 Billion
Num Shares 15.7 Billion
EPS 0.19
Price-to-Earnings (P/E) Ratio 12.79
Price-to-Sales 0.50
Price-to-Book 2.25
PEG Ratio 1.96
Dividend 0.76
Dividend Yield 31.28%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.49
Resistance 3 (R3) 2.49 2.47 2.48
Resistance 2 (R2) 2.47 2.45 2.47 2.48
Resistance 1 (R1) 2.45 2.45 2.44 2.45 2.47
Pivot Point 2.43 2.43 2.43 2.43 2.43
Support 1 (S1) 2.41 2.41 2.40 2.41 2.39
Support 2 (S2) 2.39 2.41 2.39 2.38
Support 3 (S3) 2.37 2.39 2.38
Support 4 (S4) 2.37