TMCNet:  Boston Beer Up 23.3% Since SmarTrend Uptrend Call (SAM)

[December 28, 2012]

Boston Beer Up 23.3% Since SmarTrend Uptrend Call (SAM)

Dec 28, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Boston Beer (NYSE:SAM) on September 17th, 2012 at $108.75. In approximately 3 months, Boston Beer has returned 23.29% as of today's recent price of $134.08.


Over the past year, Boston Beer has traded in a range of $94.24 to $142.50 and is now at $134.08, 42% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.5% 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 shares.Log in and add Boston Beer (SAM) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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