Bullish Two Hundred Day Moving Average Cross - ABEV

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In trading on Tuesday, shares of Ambev SA (Symbol: ABEV) crossed above their 200 day moving average of $7.25, changing hands as high as $7.28 per share. Ambev SA shares are currently trading up about 0.8% on the day. The chart below shows the one year performance of ABEV shares, versus its 200 day moving average: Ambev SA 200 Day Moving Average Chart

Looking at the chart above, ABEV's low point in its 52 week range is $6.23 per share, with $8.56 as the 52 week high point - that compares with a last trade of $7.19.

According to the ETF Finder at ETF Channel, ABEV makes up 8.69% of the Emerging Markets Consumer ETF (Symbol: ECON) which is trading higher by about 1% on the day Tuesday.

Click here to find out which 9 other stocks recently crossed above their 200 day moving average »




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas

Referenced Stocks: ABEV , ECON

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