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Bullish Moving Average Cross by Spartannash Co (SPTN)

By Shiri Gupta

Today, shares of Spartannash Co (NASDAQ:SPTN) have advanced above their 10-day MA of $9.80 on a volume of 405K 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.

In the past 52 weeks, shares of Spartannash Co have traded between a low of $8.82 and a high of $24.31 and are now at $11.29, which is 28% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has declined 1.3%.

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 47.2%. 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