• Return to Headlines

Jack In The Box Crosses Below its 10-day MA (JACK)

By Nick Russo

Jack In The Box (NASDAQ:JACK) shares have crossed bearishly below their 10-day moving average of $89.30 on a volume of 829K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Jack In The Box has traded in a range of $79.30 to $113.30 and is now at $84.21, 6% above that low. Over the last five market days, 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

Ticker(s): JACK