Anheuser-Busch InBev Shares Plunge 13.33% as Technical Indicators Signal Persistent Bearish Momentum

Candlestick Theory
Recent price action in Anheuser-Busch InBev exhibits significant bearish conviction. The latest session formed a long-bodied bearish candle closing near its low ($57.67 vs. $59.55 high), confirming breakdown below the critical $66 support level that held through late July. This represents a lower low following July 28th's rejection at $67.71 resistance. The consecutive long red candles with minimal wicks suggest persistent selling pressure. Key resistance now shifts to the $60 psychological level and the $61.50 swing high from April 2025, while support appears absent until the $54.50 February 2025 trough.
Moving Average Theory
The moving average configuration signals entrenched bearish momentum. Price has crossed below all key moving averages (50DMA ~$64.80, 100DMA ~$63.20, 200DMA ~$61.50) with the 50-day accelerating southward after breaking below the 100DMA and 200DMA in early July. The 50DMA/200DMA death cross formation in mid-June preceded the current downtrend. With the 50DMA now diverging further below the longer averages and price trading 10% below the 200DMA, all moving averages stack bearishly, confirming the dominant downtrend.
MACD & KDJ Indicators
MACD (12,26,9) shows strong bearish momentum with the signal line divergence widening significantly. The histogram posted its most negative reading (-1.72) since February 2025, confirming accelerating downside pressure. The KDJ (14,3,3) oscillators are deeply oversold (K=8.7, D=13.2, J=0) but show no bullish crossover signal. While typical reversal territory (under 20) is breached, bearish alignment persists with %K still declining below %D. Neither oscillator shows positive divergence against price, suggesting no technical exhaustion of the sell-off.
Bollinger Bands
Bollinger Bands (20-day, 2σ) expanded dramatically during the recent breakdown, with bandwidth increasing 28% in two sessions as volatility spiked. Price traded outside the lower band ($58.90) intraday, closing near the band's lower edge. This suggests an oversold condition but occurs within a strong downtrend where such breaks can extend. Prior band contraction to 2025 lows in mid-July indicated compression before the directional resolution downward, confirmed by subsequent expansion.
Volume-Price Relationship
Volume patterns validate the bearish breakdown. Total volume surged to 9.15 million shares during the 13.33% decline - the highest single-session volume of 2025, representing a clear capitulation signal. This follows elevated volume on July 28th's 5.48% drop (4.34M shares) and contrasts sharply with the sub-2M share volumes during the June consolidation near $70. The high-volume rejection at resistance in late June and recent volume expansion on declines confirm distribution.
Relative Strength Index (RSI)
The 14-day RSI collapsed to 18.7, deep within oversold territory (<30) and the lowest reading since April 2025. While theoretically indicating oversold conditions, the RSI is not yet showing bullish divergence. The indicator crossed below 30 during the July 28th sell-off and has remained depressed. Historically, readings this extreme (sub-20) preceded short-term bounces, but require confirmation from reversal patterns given the strong momentum.
Fibonacci Retracement
Applying Fibonacci to the dominant downtrend from June's $71.77 high to current $57.67 low yields key levels: 23.6% ($61.08), 38.2% ($63.17), and 61.8% ($66.38). The 61.8% level corresponds with the breakdown point from July's consolidation. Confluence exists at the 23.6% retracement ($61.08) where it aligns with the 200DMA and psychological $60 resistance. The absence of higher low formations makes these retracement levels critical overhead resistance barriers.
Synthesis
Multiple technical factors converge around the $60-$61.50 resistance zone, including the Fibonacci 23.6% retracement, 200DMA, Bollinger Band midline, and prior swing low from April 2025. Bearish momentum remains dominant, confirmed by volume patterns and the MACD/KST oscillator alignment. While oversold readings suggest potential for a technical bounce, the lack of bullish divergences, moving average configuration, and absence of reversal candlestick formations indicate persistent downside risk. Significant resistance now exists between $60-61.50, and any recovery would require consolidation and volume confirmation to overcome this resistance cluster. The next material support only emerges near the $54.50 February low.