• Return to Headlines

Sprouts Farmers Crosses Above its 10-day MA (SFM)

By Nick Russo

Sprouts Farmers (NASDAQ:SFM) shares have crossed bullishly above their 10-day moving average of $18.24 on a volume of 168K 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.

Sprouts Farmers share prices have moved between a 52-week high of $28.69 and a 52-week low of $16.46 and are now trading 12% above that low price at $18.46 per share. 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 tracking the current trend status for Sprouts Farmers and will alert subscribers who have SFM in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses sprouts farmers

Ticker(s): SFM