BUD technicals and fundamentals look great

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Anheuser-Busch Inbev SA Sponsored (NYSE:BUD)

NYSE:BUD Anheuser-Busch Inbev SA Sponsored

Beyond Technical Analysis Fundamental Analysis Technical Indicators pricetarget analyst BUD NBEV beer verybullish MNST beverage consumer

beyondta fundamental indicator pricetarget analyst bud nbev beer verybullish mnst beverage consumer

Fundamentals

Analysts are pricing BUD @$118 (24% above current price!)
New products and hype.

Technicals

OBV has been increasing steadily. But on a longer term, you can see the average volume is now lower than previous years.
BUD is breaking above a weekly resistance 50SMA.

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