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Bullish Moving Average Cross by Spirit Realty (SRC)

By James Quinn

Today, shares of Spirit Realty (NYSE:SRC) have crossed bullishly above their 10-day moving average of $40.14 on a volume of 106K 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 Realty has traded in a range of $33.86 to $42.65 and is now at $40.26, 19% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

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

Keywords: moving crosses spirit realty

Ticker(s): SRC