Jack in the Box Bearish Moving Average Crossover Alert (JACK)
Today, shares of Jack in the Box (NASDAQ:JACK) have fallen below their 10-day MA of $68.58 on a volume of 408K 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, Jack in the Box share prices have been bracketed by a low of $61.78 and a high of $99.99 and are now at $66.96, 8% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has advanced 0.3%.
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