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Jacobs Engineering Group Bearish Moving Average Crossover Alert (JEC)

By James Quinn

Today, shares of Jacobs Engineering Group (NYSE:JEC) have crossed bearishly below their 10-day moving average of $44.14 on a volume of 209K 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.

Jacobs Engineering Group share prices have moved between a 52-week high of $45.41 and a 52-week low of $34.76 and are now trading 26% above that low price at $43.97 per share. The 200-day and 50-day moving averages have moved 0.15% higher and 0.94% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Jacobs Engineering Group and will alert subscribers who have JEC in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses jacobs engineering group

Ticker(s): JEC