Constellation Brands Crosses Above its 10-day MA (STZ)
Constellation Brands (NYSE:STZ) crossed over its 10-day moving average of $154.81 on a volume of 462K 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, Constellation Brands has traded in a range of $114.49 to $165.81 and is now at $156.63, 37% above that low. Over the last five market days, 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