Anheuser-Busch InBev Crosses Above its 10-day MA (BUD)
Anheuser-Busch InBev (NYSE:BUD) crossed over its 10-day moving average of $124.96 on a volume of 311K shares. This may provide swing traders with 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 23% above that low price at $125.71 per share. Over the last five market days, 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