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SmarTrend Watching for Potential Pullback in Shares of Spirit Aerosys-A After 1.06% Gain

By David Diaz

Spirit Aerosys-A (NYSE:SPR) traded in a range yesterday that spanned from a low of $87.59 to a high of $88.73. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $87.82 on volume of 347,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

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

In the past 52 weeks, shares of Spirit Aerosys-A have traded between a low of $77.54 and a high of $105.20 and are now at $88.36, which is 14% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has slid 0.2%.

Keywords: rebounders spirit aerosys-a

Ticker(s): SPR