Anheuser-Busch InBev Crosses Above its 10-day MA (BUD)
Anheuser-Busch InBev (NYSE:BUD) shares have crossed bullishly above their 10-day moving average of $125.72 on a volume of 285K 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.
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 24% above that low price at $126.92 per share. 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