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Bullish Moving Average Cross by Spirit Airlines (SAVE)

By Shiri Gupta

Today, shares of Spirit Airlines (NYSE:SAVE) have crossed bullishly above their 10-day moving average of $34.57 on a volume of 437K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Spirit Airlines have traded between a low of $0.00 and a high of $65.35 and are now at $36.34, which is -100% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has declined 1.9%.

SmarTrend is tracking the current trend status for Spirit Airlines and will alert subscribers who have SAVE in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses spirit airlines

Ticker(s): SAVE