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Bullish Moving Average Cross by Spartannash Co (SPTN)

By Amy Schwartz

Spartannash Co (NASDAQ:SPTN) crossed over its 10-day moving average of $11.35 on a volume of 109K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Spartannash Co has traded in a range of $10.72 to $26.50 and is now at $11.61, 8% above that low. The 200-day and 50-day moving averages have moved 0.88% lower and 2.35% lower over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Spartannash Co on March 12th, 2019 by issuing a Downtrend alert when the shares were trading at $16.94. Since that call, shares of Spartannash Co have fallen 35.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses spartannash co

Ticker(s): SPTN