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Shares of S Down 12.2% Since Downtrend Call on Shares

By Shiri Gupta

SmarTrend identified a Downtrend for Sprint Corp (NYSE:S) on September 24th, 2019 at $6.47. In approximately 2 months, Sprint Corp has returned 12.22% as of today's recent price of $5.68.

Over the past year, Sprint Corp has traded in a range of $5.44 to $8.06 and is now at $5.67, 4% above that low. The 200-day and 50-day moving averages have moved 0.03% lower and 0.64% lower over the past week, respectively.

Sprint Corporation offers a comprehensive range of wireless and wireline communications products and services to consumers, businesses, government subscribers, and resellers. The Company develops, engineers, and deploys various technologies that include an all-digital global wireline network and a global Tier 1 Internet backbone.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Sprint Corp.

Log in and add Sprint Corp (S) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights sprint corp

Ticker(s): S