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

By Nick Russo

Anheuser-Busch InBev (NYSE:BUD) crossed over its 10-day moving average of $125.66 on a volume of 269K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Anheuser-Busch InBev has traded in a range of $102.52 to $132.91 and is now at $126.69, 24% above that low. The 200-day and 50-day moving averages have moved 0.06% lower and 0.55% higher over the past week, respectively.

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