Technical Analysis

Technical Analysis of Anheuser-Busch InBev SA (BUD)

Current Price and Recent Performance

As of the latest data, BUD is trading at $62.9301, with a closing price of $63.06 on March 7, 2025. The stock has shown a +0.99% gain during regular market hours, reflecting moderate bullish momentum.

Technical Indicators

• RSI (6, 12, 14): At 98.53, 92.60, and 90.27, respectively, BUD is in overbought territory, signaling potential caution for momentum-focused investors.
• Stochastic Oscillator (%K, %D): Both lines are at 97.71 and 96.51, further confirming overbought conditions.
• MACD: The MACD line is at 3.20, with a positive signal line at 2.44, indicating bullish momentum. However, the overbought RSI and Stochastic Oscillator suggest this momentum may not be sustainable.

Fibonacci Levels

• Fibonacci R1: $62.62
• Fibonacci R2: $64.82
• Fibonacci Pivot: $59.06

The stock is currently testing the Fibonacci R1 level ($62.62), which could act as a resistance level. A failure to break above this level may lead to a pullback toward the pivot point at $59.06.

Volume and Market State

The stock closed with a volume of 2,000,670 shares, indicating moderate trading activity. The market is currently closed, and the next session may provide clarity on whether the stock can sustain its current levels.

Conclusion and Recommendation

Given the overbought conditions indicated by the RSI and Stochastic Oscillator, along with the stock's proximity to key resistance levels, the technical analysis suggests that BUD is due for a pullback.

Recommendation: Sell at current levels to lock in profits or avoid further exposure until the stock consolidates or pulls back to a more favorable entry point.