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Investors look to Lighten Up on Shares of Jamba, Shares Down 5.6% (JMBA)Apr 22, 2013 (SmarTrend(R) Spotlight via COMTEX) -- Jamba (NASDAQ:JMBA) is one of today's worst performing low-priced stocks, down 5.6% to $2.52 on 1.0x average daily volume. Thus far today, Jamba has traded 863,000 shares, vs. average volume of 836,000 shares per day. The stock has underperformed the Dow (-5.6% to the Dow's -0.1%) and underperformed the S&P 500 (-5.6% to the S&P's 0.2%) during today's trading. In the past 52 weeks, shares of Jamba have traded between a low of $1.21 and a high of $3.07 and are now at $2.52, which is 108% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has risen 0.7%. There is potential upside of 31.0% for shares of Jamba based on a current price of $2.52 and an average consensus analyst price target of $3.30. The stock should hit resistance at its 50-day moving average (MA) of $2.80, as well as support at its 200-day MA of $2.46. Jamba, Inc. manufactures and retails blended beverages, juices, and snacks. SmarTrend recommended that subscribers consider buying shares of Jamba on December 3rd, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $2.12. Since that recommendation, shares of Jamba have risen 25.9%. We continue to monitor JMBA for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. 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 |