• 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.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT COUNT(sid) AS count FROM sessions WHERE timestamp >= 1417213708 AND uid = 0 in /var/www/www.fnno.com/htdocs/includes/session.inc on line 111.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT DISTINCT u.uid, u.name, s.timestamp FROM users u INNER JOIN sessions s ON u.uid = s.uid WHERE s.timestamp >= 1417213708 AND s.uid > 0 ORDER BY s.timestamp DESC in /var/www/www.fnno.com/htdocs/modules/user/user.module on line 765.

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

Watch for Continued Gains in Shares of L...

LaSalle Hotel Properties (NYSE:LHO) traded today at a new 52-week high of $40.80. So f ...

Legacy Reserves: The Losing Streak Conti...

Shares of Legacy Reserves (NASDAQ:LGCY) traded today at $17.01, breaking its 52-week lo ...

Recent 52-Week High Exceeded in Shares o...

Shares of China Life Insurance (NYSE:LFC) traded at a new 52-week high today of $52.40. ...

Leggett & Platt Looks to Continue to Tra...

Leggett & Platt (NYSE:LEG) traded at a new 52-week high today of $42.47. Approximately ...

Watch for Continued Gains in Shares of L...

Liberty Global (NASDAQ:LBTYA) traded at a new 52-week high today of $49.76. Approximat ...

Recent 52-Week High Exceeded in Shares o...

Kite Realty Group Trust (NYSE:KRG) traded today at a new 52-week high of $27.45. This ...

Shares of Kroger Rise to a New 52-Week H...

Shares of Kroger (NYSE:KR) traded at a new 52-week high today of $60.38. So far today ...

Shares of Koppers Holdings Fall to a New...

Koppers Holdings (NYSE:KOP) traded today at a new 52-week low of $28.88. So far today ...