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Shares of SHAK Call on Shares

By David Diaz

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 53.75% as of today's recent price of $52.69.

Shake Shack In-A share prices have moved between a 52-week high of $105.84 and a 52-week low of $30.01 and are now trading 76% above that low price at $52.69 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 0.9%.

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