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Hunt (Jb) Trans Rises 1.15% on Heavy Volume: Watch For Potential Pullback

By James Quinn

Hunt (Jb) Trans (NASDAQ:JBHT) traded in a range yesterday that spanned from a low of $96.24 to a high of $97.58. Yesterday, the shares gained 1.2%, which took the trading range above the 3-day high of $96.68 on volume of 310,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

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 $97.58, which is 10% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 0.8%.

SmarTrend is tracking the current trend status for Hunt (Jb) Trans and will alert subscribers who have JBHT in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders hunt (jb) trans

Ticker(s): JBHT