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Jack In The Box Bearish Moving Average Crossover Alert (JACK)

By Shiri Gupta

Today, shares of Jack In The Box (NASDAQ:JACK) have crossed bearishly below their 10-day moving average of $96.52 on a volume of 347K 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.

In the past 52 weeks, shares of Jack In The Box have traded between a low of $82.65 and a high of $113.30 and are now at $94.73, which is 15% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has slid 0.6%.

SmarTrend is tracking the current trend status for Jack In The Box and will alert subscribers who have JACK in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses jack in the box

Ticker(s): JACK