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Spirit Aerosys-A Crosses Below its 10-day MA (SPR)

By Nick Russo

Spirit Aerosys-A (NYSE:SPR) crossed under its 10-day moving average of $82.65 on a volume of 343K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower 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 $80.00, 24% above that low. The 200-day and 50-day moving averages have moved 0.09% lower and 0.86% 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 $90.52. Since that call, shares of Spirit Aerosys-A have fallen 7.7%. 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