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Recent 52-Week High Exceeded in Shares of Jack Henry & Associates (JKHY)

By James Quinn

Jack Henry & Associates (NASDAQ:JKHY) traded at a new 52-week high today of $76.55. So far today approximately 66,000 shares have been exchanged, as compared to an average 30-day volume of 374,000 shares.

Jack Henry & Associates share prices have moved between a 52-week high of $76.55 and a 52-week low of $51.86 and are now trading 47% above that low price at $76.38 per share. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.5%.

Jack Henry & Associates, Inc. develops, markets, and installs integrated computer systems for in-house and service bureau data processing to banks and other financial institutions. Jack Henry also performs data conversion and software installation and customization for the implementation of its systems along with continuing customer maintenance.

Jack Henry & Associates (NASDAQ:JKHY) is currently priced 12.1% above its average consensus analyst price target of $67.17. The stock should find initial support at its 50-day moving average (MA) of $70.35 and further support at its 200-day MA of $67.55.

SmarTrend recommended that subscribers consider buying shares of Jack Henry & Associates on October 5th, 2015 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $71.68. Since that recommendation, shares of Jack Henry & Associates have risen 6.2%. We continue to monitor JKHY for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows jack henry & associates

Ticker(s): JKHY