• Return to Headlines

Spartannash Co Up on Heavy Volume in Possible Trend Reversal (SPTN)

By Amy Schwartz

Spartannash Co shares are trading on heavy volume today, having risen 26.3% to $11.29. Approximately 405,000 shares have changed hands today vs. average 30-day volume of 340,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend recommended that its subscribers protect gains by selling shares of Spartannash Co on March 12th, 2019 by issuing a Downtrend alert when the shares were trading at $16.94. Since that call, shares of Spartannash Co have fallen 47.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

In the past 52 weeks, shares of Spartannash Co have traded between a low of $8.82 and a high of $24.31 and are now at $11.29, which is 28% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.3% while the 200-day MA has slid 0.8%.

Keywords: unusual volume spartannash co

Ticker(s): SPTN