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JetBlue Airways Crosses Above its 10-day MA (JBLU)

By Nick Russo

JetBlue Airways (NASDAQ:JBLU) crossed over its 10-day moving average of $17.53 on a volume of 710K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, JetBlue Airways share prices have been bracketed by a low of $14.76 and a high of $27.36 and are now at $17.71, 20% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has declined 1.1%.

SmarTrend is monitoring the recent change of momentum in JetBlue Airways. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of JetBlue Airways in search of a potential trend change.

Keywords: moving crosses JetBlue Airways

Ticker(s): JBLU