Bullish Moving Average Cross by Constellation Brands (STZ)
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