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Boston Beer-A Up 78.7% Since SmarTrend Uptrend Call (SAM)

By David Diaz

SmarTrend identified an Uptrend for Boston Beer-A (NYSE:SAM) on March 8th, 2018 at $174.82. In approximately 4 months, Boston Beer-A has returned 78.67% as of today's recent price of $312.35.

In the past 52 weeks, shares of Boston Beer-A have traded between a low of $128.75 and a high of $312.45 and are now at $312.35, which is 143% above that low price. Over the past week, the 200-day moving average (MA) has gone up 1.1% while the 50-day MA has advanced 1.9%.

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