user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 443850 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Bullish Moving Average Cross by Jack in the Box (JACK)

Published on Tue, 02/19/2013 - 12:17
By Adrienne Chilton

Today, shares of Jack in the Box (NASDAQ:JACK) have advanced above their 10-day MA of $29.89 on a volume of 142K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Jack in the Box Inc. operates and franchises Jack In the Box fast-food restaurants primarily in the Western region of the United States. The Company's drive-thru restaurants offer hamburgers, specialty sandwiches, salads, Mexican food, finger foods, and side items.

In the past 52 weeks, shares of Jack in the Box have traded between a low of $18.25 and a high of $30.59 and are now at $30.59, which is 68% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 0.8%.

Potential upside of 2.2% exists for Jack in the Box, based on a current level of $30.59 and analysts' average consensus price target of $31.25. The stock should find initial support at its 50-day moving average (MA) of $28.93 and further support at its 200-day MA of $26.92.

By Adrienne Chilton
achilton@fnno.com

Latest News from FNNO

Shares of Donegal Group Under Pressure, ...

Donegal Group (NASDAQ:DGICA) is one of today's biggest movers, down 1.5% to $15.67. Th ...

Shares of GP Strategies Under Pressure, ...

GP Strategies (NYSE:GPX) is a company whose shares are active, trading 1.5% lower to $2 ...

Shares of RPC Under Pressure, Down 1.5%...

RPC (NYSE:RES) is one of today's notable stocks in decline, down 1.5% to $22.15. The D ...

City Holding Makes a Move: Down 1.5%...

City Holding (NASDAQ:CHCO), a company whose shares are moving quickly, is trading 1.5% ...

Stock Investors Sell Off Shares of Kirkl...

Kirkland's (NASDAQ:KIRK), a company whose shares are moving quickly, is trading 1.5% lo ...

Shares of Mercantile Bank Under Pressure...

Mercantile Bank (NASDAQ:MBWM) is one of today's notable stocks in decline, down 1.5% to ...

OneBeacon Insurance Group Shares Sinking...

OneBeacon Insurance Group (NYSE:OB) is one of today's biggest movers, down 1.5% to $16. ...

Shares of SY Bancorp Under Pressure, Dow...

Down 1.5% to $29.52, SY Bancorp (NASDAQ:SYBT), is one of today's notable movers. The S ...