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Bearish Moving Average Cross by Hunt (Jb) Trans (JBHT)

By James Quinn

Today, shares of Hunt (Jb) Trans (NASDAQ:JBHT) have fallen below their 10-day MA of $103.95 on a volume of 978K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Hunt (Jb) Trans has traded in a range of $88.38 to $131.74 and is now at $100.72, 14% above that low. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has slid 0.2%.

SmarTrend is monitoring the recent change of momentum in Hunt (Jb) Trans. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Hunt (Jb) Trans in search of a potential trend change.

Keywords: moving crosses hunt (jb) trans

Ticker(s): JBHT