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Next Resistance Level for Sprint Corp (S) is $5.38

By James Quinn

Shares of Sprint Corp (NYSE:S) have bullishly opened above the pivot of $5.29 today and have reached the first resistance level of $5.34. Should the shares continue to rise, the resistance pivots of $5.38 and $5.47 will be of interest.

Sprint Corp (NYSE:S) has potential upside of 4.3% based on a current price of $5.43 and analysts' consensus price target of $5.67. The stock should hit resistance at its 200-day moving average (MA) of $6.00, as well as support at its 50-day MA of $5.41.

In the past 52 weeks, shares of Sprint Corp have traded between a low of $4.81 and a high of $8.92 and are now at $5.43, which is 13% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has slid 0.8%.

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

Keywords: pivot alerts sprint corp

Ticker(s): S