Technical Analysis for SAM - Boston Beer Company, Inc. (The)

Grade Last Price % Change Price Change
D 260.75 -2.44% -6.53
SAM closed down 2.44 percent on Friday, May 24, 2024, on approximately normal volume. The bears made the stock sink to a new 52-week low. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
Slingshot Bearish Bearish Swing Setup 0.00%
Lower Bollinger Band Walk Weakness 0.00%
New 52 Week Low Weakness 0.00%
Outside Day Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Doji - Bullish? Reversal -2.44%
Lower Bollinger Band Walk Weakness -2.44%

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Profile

Boston Beer Company, Inc. (The) Description

The Boston Beer Company, Inc. engages in the production and sale of alcohol beverages primarily in the United States, Canada, Europe, Israel, the Caribbean, the Pacific Rim, and Mexico. The company sells approximately 50 beers under the Samuel Adams or the Sam Adams brand names; 10 flavored malt beverages under the Twisted Tea brand name; and 5 hard cider beverages under the Angry Orchard brand name. It sells its products to a network of wholesale distributors, who in turn sell to retailers, such as pubs, restaurants, grocery chains, package stores, stadiums, and other retail outlets. The company sold approximately 2.7 million barrels of its proprietary products, and brewed or packaged approximately 19,000 barrels under contract for third parties. The Boston Beer Company, Inc. was founded in 1984 and is based in Boston, Massachusetts.


Classification

Sector: Consumer Defensive
Industry: Beverages - Brewers
Keywords: Alcohol Foods Retail Outlets Wholesale Distributor Beer Stadiums Alcoholic Drinks Liquor Store Cider Alcohol Law Fermented Drinks Grocery Chains

Is SAM a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 395.52
52 Week Low 260.06
Average Volume 183,594
200-Day Moving Average 335.40
50-Day Moving Average 286.87
20-Day Moving Average 277.51
10-Day Moving Average 275.46
Average True Range 8.20
RSI (14) 31.51
ADX 18.14
+DI 23.67
-DI 27.02
Chandelier Exit (Long, 3 ATRs) 293.39
Chandelier Exit (Short, 3 ATRs) 284.67
Upper Bollinger Bands 292.36
Lower Bollinger Band 262.66
Percent B (%b) -0.06
BandWidth 10.70
MACD Line -5.67
MACD Signal Line -4.28
MACD Histogram -1.3907
Fundamentals Value
Market Cap 2.64 Billion
Num Shares 10.1 Million
EPS 6.76
Price-to-Earnings (P/E) Ratio 38.57
Price-to-Sales 2.08
Price-to-Book 3.81
PEG Ratio 1.20
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 274.18
Resistance 3 (R3) 275.44 272.22 271.94
Resistance 2 (R2) 272.22 268.80 271.59 271.19
Resistance 1 (R1) 266.49 266.69 264.88 265.23 270.45
Pivot Point 263.27 263.27 262.47 262.64 263.27
Support 1 (S1) 257.54 259.85 255.93 256.28 251.05
Support 2 (S2) 254.32 257.74 253.69 250.31
Support 3 (S3) 248.59 254.32 249.56
Support 4 (S4) 247.33