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Anheuser-Busch InBev Bullish Moving Average Crossover Alert (BUD)

By David Diaz

Anheuser-Busch InBev (NYSE:BUD) crossed over its 10-day moving average of $123.96 on a volume of 380K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Anheuser-Busch InBev share prices have moved between a 52-week high of $132.91 and a 52-week low of $102.52 and are now trading 21% above that low price at $124.44 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.6%.

SmarTrend is tracking the current trend status for Anheuser-Busch InBev and will alert subscribers who have BUD in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Anheuser-Busch InBev

Ticker(s): BUD