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After Yesterday's Decline of 3.96%, Hunt (Jb) Trans Offers Investors Better Value

By Shiri Gupta

Hunt (Jb) Trans (NASDAQ:JBHT) traded in a range yesterday that spanned from a low of $100.72 to a high of $102.76. Yesterday, the shares fell 4.0%, which took the trading range below the 3-day low of $102.27 on volume of 2.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

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

In the past 52 weeks, shares of Hunt (Jb) Trans have traded between a low of $88.38 and a high of $131.74 and are now at $101.32, which is 15% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has slid 0.2%.

Keywords: rebounders hunt (jb) trans

Ticker(s): JBHT