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Bullish Moving Average Cross by Jetblue Airways (JBLU)

By Shiri Gupta

Today, shares of Jetblue Airways (NASDAQ:JBLU) have crossed bullishly above their 10-day moving average of $18.61 on a volume of 436K 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 Jetblue Airways have traded between a low of $15.19 and a high of $20.14 and are now at $18.72, which is 23% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.7%.

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

Keywords: moving crosses JetBlue Airways

Ticker(s): JBLU