Boston Beer stock is now in medium and long-term uptrends but short-term downtrends as the price crossed the 100-day moving average yesterday. However, clear uptrends on all time horizons are now in sight as the price would only need to rise 1.58 percent to cross the 20-day moving average at 367.68 to the upside.
As long as the price does not cross another trend line downwards, the next price target is the 6-month high of 414.35 marked on October 26, 2022, which means that there is a preliminary upside potential of 14.48 percent.
Boston Beer in a peer group comparison
The strongest stock in the peer group comparison is currently the Molson Coors Brewing share with a GD-200 difference of 4.87%.