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Spirit Airlines Crosses Above its 10-day MA (SAVE)

By Shiri Gupta

Today, shares of Spirit Airlines (NYSE:SAVE) have crossed bullishly above their 10-day moving average of $48.00 on a volume of 108K 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.

In the past 52 weeks, Spirit Airlines share prices have been bracketed by a low of $0.00 and a high of $65.35 and are now at $48.23, -100% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1.7%.

SmarTrend is monitoring the recent change of momentum in Spirit Airlines. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Spirit Airlines in search of a potential trend change.

Keywords: moving crosses spirit airlines

Ticker(s): SAVE