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

By James Quinn

Jetblue Airways (NASDAQ:JBLU) shares have crossed bullishly above their 10-day moving average of $19.01 on a volume of 938K 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.

Jetblue Airways share prices have moved between a 52-week high of $20.14 and a 52-week low of $15.19 and are now trading 27% above that low price at $19.25 per share. 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 Jetblue Airways and will alert subscribers who have JBLU in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses JetBlue Airways

Ticker(s): JBLU