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SmarTrend Watching for Potential Pullback in Shares of Hunt (Jb) Trans After 5.37% Gain

By David Diaz

Hunt (Jb) Trans (NASDAQ:JBHT) traded in a range yesterday that spanned from a low of $88.28 to a high of $100.96. Yesterday, the shares gained 5.4%, which took the trading range above the 3-day high of $93.52 on volume of 3.9 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Hunt (Jb) Trans share prices have moved between a 52-week high of $129.98 and a 52-week low of $83.64 and are now trading 17% above that low price at $97.82 per share. The 200-day and 50-day moving averages have moved 0.42% lower and 0.16% lower over the past week, respectively.

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