TMCnet News
Jack in the Box Declining With Trend-Confirming Volume (JACK)Nov 20, 2012 (SmarTrend(R) News Watch via COMTEX) -- Shares of Jack in the Box are trading today in above average volume, with the share price falling 1.6% to $25.85. About 1.1 million shares have been traded today, as compared to the 30-day average volume of 377,000 shares. Unusually high volume can signify a potential turning point or validate a breakout. 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. Jack in the Box share prices have moved between a 52-week high of $29.47 and a 52-week low of $18.25 and are now trading 43% above that low price at $26.13 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has remained constant. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |