Spirit Aerosystems Holdings Bearish Moving Average Crossover Alert (SPR)
Spirit Aerosystems Holdings (NYSE:SPR) crossed under its 10-day moving average of $43.62 on a volume of 408K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
Over the past year, Spirit Aerosystems Holdings has traded in a range of $40.03 to $57.99 and is now at $43.43, 8% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has remained constant.
SmarTrend is monitoring the recent change of momentum in Spirit Aerosystems Holdings. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Spirit Aerosystems Holdings in search of a potential trend change.
Keywords: moving crosses spirit aerosystems holdings