• Return to Headlines

Shake Shack In-A Up 42.3% Since SmarTrend Uptrend Call (SHAK)

By Shiri Gupta

SmarTrend identified an Uptrend for Shake Shack In-A (NYSE:SHAK) on March 7th, 2018 at $41.18. In approximately 2 months, Shake Shack In-A has returned 42.31% as of today's recent price of $58.61.

In the past 52 weeks, shares of Shake Shack In-A have traded between a low of $30.12 and a high of $59.50 and are now at $58.55, which is 94% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has declined 1.2%.

Shake Shack Inc. operates roadside burger stands. The Company focuses on food and beverages, crafted from a range of classic American foods such as burgers, hot dogs, crispy chicken, frozen custard, crinkle cut fries, shakes, and beer and wine. Shake Shack serves customers globally.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Shake Shack In-A shares.

Log in and add Shake Shack In-A (SHAK) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights shake shack in-a

Ticker(s): SHAK