• Return to Headlines

Jack In The Box Falls 1.80% on Heavy Volume: Watch For Potential Rebound

By David Diaz

Jack In The Box (NASDAQ:JACK) traded in a range yesterday that spanned from a low of $67.19 to a high of $69.09. Yesterday, the shares fell 1.8%, which took the trading range below the 3-day low of $67.59 on volume of 82,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

In the past 52 weeks, shares of Jack In The Box have traded between the current low of $67.19 and a high of $93.12 and are now at $67.62. The 200-day and 50-day moving averages have moved 0.03% higher and 0.18% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Jack In The Box and will alert subscribers who have JACK in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders jack in the box

Ticker(s): JACK