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Bullish Moving Average Cross by Constellation Brands (STZ)

By David Diaz

Today, shares of Constellation Brands (NYSE:STZ) have advanced above their 10-day MA of $164.00 on a volume of 106K 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.

In the past 52 weeks, shares of Constellation Brands have traded between a low of $114.49 and a high of $168.13 and are now at $164.25, which is 43% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 1.0%.

SmarTrend is tracking the current trend status for Constellation Brands and will alert subscribers who have STZ in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Constellation Brands

Ticker(s): STZ