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Bullish Moving Average Cross by Spirit Aerosys-A (SPR)

By David Diaz

Spirit Aerosys-A (NYSE:SPR) shares have crossed bullishly above their 10-day moving average of $75.15 on a volume of 839K 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, Spirit Aerosys-A has traded in a range of $64.48 to $100.34 and is now at $79.13, 23% above that low. The 200-day and 50-day moving averages have moved 0.42% lower and 1.22% lower over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Spirit Aerosys-A on March 11th, 2019 by issuing a Downtrend alert when the shares were trading at $90.53. Since that call, shares of Spirit Aerosys-A have fallen 19.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses spirit aerosys-a

Ticker(s): SPR