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Bullish Moving Average Cross by Jabil Inc (JBL)

By David Diaz

Jabil Inc (NYSE:JBL) crossed over its 10-day moving average of $35.13 on a volume of 102K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Jabil Inc have traded between a low of $21.49 and a high of $36.14 and are now at $35.54, which is 65% above that low price. The 200-day and 50-day moving averages have moved 0.81% higher and 1.03% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Jabil Inc and will alert subscribers who have JBL in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses jabil inc

Ticker(s): JBL