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Boston Beer-A Up 21.9% Since SmarTrend Uptrend Call (SAM)

By Amy Schwartz

SmarTrend identified an Uptrend for Boston Beer-A (NYSE:SAM) on February 7th, 2019 at $256.09. In approximately 1 month, Boston Beer-A has returned 21.88% as of today's recent price of $312.12.

Over the past year, Boston Beer-A has traded in a range of $178.25 to $329.95 and is now at $312.12, 75% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 1.6%.

The Boston Beer Company, Inc. produces a variety of craft-brewed beers and cider products at various contract breweries and Company-owned breweries. The Company sells its products under brand names such as Boston Beer Company, Oregon Beer and Brewing Company, Samuel Adams, and HardCore. Boston Beer sells its products to a network of wholesale distributors.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Boston Beer-A shares.

Log in and add Boston Beer-A (SAM) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights boston beer-a

Ticker(s): SAM