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

By David Diaz

Today, shares of Jack In The Box (NASDAQ:JACK) have advanced above their 10-day MA of $77.45 on a volume of 126K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Jack In The Box has traded in a range of $74.19 to $93.98 and is now at $77.58, 5% above that low. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.

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