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

By James Quinn

Hunt (Jb) Trans (NASDAQ:JBHT) shares have crossed bearishly below their 10-day moving average of $95.51 on a volume of 155K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Hunt (Jb) Trans have traded between a low of $88.38 and a high of $131.74 and are now at $94.16, which is 7% above that low price. The 200-day and 50-day moving averages have moved 0.34% lower and 0.38% lower over the past week, respectively.

SmarTrend is tracking the current trend status for Hunt (Jb) Trans and will alert subscribers who have JBHT in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses hunt (jb) trans

Ticker(s): JBHT