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Jones Lang Lasal Bullish Moving Average Crossover Alert (JLL)

By James Quinn

Jones Lang Lasal (NYSE:JLL) crossed over its 10-day moving average of $162.09 on a volume of 103K 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.

In the past 52 weeks, Jones Lang Lasal share prices have been bracketed by a low of $119.79 and a high of $178.75 and are now at $163.80, 37% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.8%.

SmarTrend recommended that subscribers consider buying shares of Jones Lang Lasal on January 10th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $133.00. Since that recommendation, shares of Jones Lang Lasal have risen 21.6%. We continue to monitor JLL for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses jones lang lasal

Ticker(s): JLL