Anheuser-Busch InBev Bullish Moving Average Crossover Alert (BUD)
Today, shares of Anheuser-Busch InBev (NYSE:BUD) have crossed bullishly above their 10-day moving average of $125.62 on a volume of 354K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
In the past 52 weeks, Anheuser-Busch InBev share prices have been bracketed by a low of $102.52 and a high of $132.91 and are now at $126.18, 23% above that low price. The 200-day and 50-day moving averages have moved 0.06% lower and 0.55% higher over the past week, respectively.
SmarTrend is monitoring the recent change of momentum in Anheuser-Busch InBev. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Anheuser-Busch InBev in search of a potential trend change.
Keywords: moving crosses Anheuser-Busch InBev