Shares of S Up 68.2% Since Uptrend Call on Shares
SmarTrend identified an Uptrend for Sprint Nextel (NYSE:S) on June 21st, 2016 at $4.14. In approximately 4 months, Sprint Nextel has returned 68.20% as of today's recent price of $6.96.
In the past 52 weeks, Sprint Nextel share prices have been bracketed by a low of $2.18 and a high of $7.16 and are now at $6.96, 219% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.2% while the 200-day MA has slid 0.2%.
Sprint Nextel Corporation offers a range of wireless and wireline communications services to consumer, business, and government customers. The Company develops, engineers, and deploys various technologies, including two wireless networks offering mobile data services, instant national and international push-to-talk capabilities, and a global Tier 1 Internet backbone.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Sprint Nextel shares.
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