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Shares of SPAR Down 20.3% Since Downtrend Call on Shares

By Nick Russo

SmarTrend identified a Downtrend for Spartan Motors (NASDAQ:SPAR) on June 14th, 2018 at $14.90. In approximately 4 months, Spartan Motors has returned 20.34% as of today's recent price of $11.87.

In the past 52 weeks, Spartan Motors share prices have been bracketed by a current low of $11.74 and a high of $19.45 and are now at $11.87. In the last five trading sessions, the 50-day moving average (MA) has fallen 1% while the 200-day MA has slid 0.6%.

Spartan Motors, Inc. develops and manufactures custom chassis for fire trucks, recreational vehicles, transit and school buses, step vans, and other specialty vehicles. The Company also owns fire and rescue vehicle manufacturers.

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

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

Keywords: spotlights spartan motors

Ticker(s): SPAR