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Shares of JBT Up 19.0% Since Uptrend Call on Shares

By Nick Russo

SmarTrend identified an Uptrend for John Bean Technologies (NYSE:JBT) on July 11th, 2016 at $63.25. In approximately 3 months, John Bean Technologies has returned 18.98% as of today's recent price of $75.25.

Over the past year, John Bean Technologies has traded in a range of $31.89 to $75.50 and is now at $75.25, 136% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 0.9%.

John Bean Technologies Corporation manufactures food processing machinery. The Company produces equipment for freezing and chilling poultry, meat, fruits, vegetables and baked products, poultry, meat and seafood processing equipment, sterilization equipment, and fruit processing equipment. John Bean also offers ground support services to airlines.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of John Bean Technologies shares.

Log in and add John Bean Technologies (JBT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights john bean technologies

Ticker(s): JBT