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Uptrend Call Working As Shake Shack In-A Stock Rises 53.1% (SHAK)

By David Diaz

SmarTrend identified an Uptrend for Shake Shack In-A (NYSE:SHAK) on January 7th, 2019 at $47.12. In approximately 6 months, Shake Shack In-A has returned 53.07% as of today's recent price of $72.12.

Over the past year, Shake Shack In-A has traded in a range of $40.67 to $73.32 and is now at $72.12, 77% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.0% while the 200-day MA has risen 0.4%.

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