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% (SHAK)

By Shiri Gupta

SmarTrend identified a Downtrend for Shake Shack In-A (NYSE:SHAK) on April 1st, 2020 at $34.27. In approximately 1 month, Shake Shack In-A has returned 46.95% as of today's recent price of $50.36.

Over the past year, Shake Shack In-A has traded in a range of $30.01 to $105.84 and is now at $50.36, 68% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 3%.

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 changes in momentum for shares of Shake Shack In-A.

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