Jack Henry & Associates Bullish Moving Average Crossover Alert (JKHY)

Published on Wed, 02/06/2013 - 12:14
By Mallory Stone in Moving average crossovers, JKHY, jack henry & associates, moving crosses, nasdaq:jkhy

Jack Henry & Associates (NASDAQ:JKHY) crossed over its 10-day moving average of $41.78 on a volume of 668K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Jack Henry & Associates (NASDAQ:JKHY) is currently priced 8.1% above its average consensus analyst price target of $40.20. Jack Henry & Associates shares have support at the 50-day moving average (MA) of $40.15 and additional support at the 200-day MA of $36.87.

Jack Henry & Associates, Inc. develops, markets, and installs integrated computer systems for in-house and service bureau data processing to banks and other financial institutions. Jack Henry also performs data conversion and software installation and customization for the implementation of its systems along with continuing customer maintenance.

Jack Henry & Associates share prices have moved between a 52-week high of $43.81 and a 52-week low of $32.17 and are now trading 36% above that low price at $43.72 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 advanced 0.5%.

By Mallory Stone
mstone@fnno.com

Latest News from FNNO

Analysis of Relative Performance in the ...

Below are five companies in the Railroads industry that underperformed yesterday on a r ...

Shares of Stillwater Mining Rank the Hig...

We looked at the Precious Metals & Minerals industry and measured relative performance ...

Short-term Underperformance Detected in ...

Analysis was conducted on the Property & Casualty Insurance industry to measure relativ ...

Auxilium Pharmaceuticals is Among the Co...

Here are the top 5 stocks in the Pharmaceuticals industry ranked by performance. We co ...

Short-term Underperformance Detected in ...

Analysis was conducted on the Pharmaceuticals industry to measure relative performance ...

Best Relative Performance in the Oil & G...

We looked at the Oil & Gas Refining & Marketing industry and measured relative performa ...

Bottom 5 Companies in the Packaged Foods...

Here are 5 stocks in the Packaged Foods & Meats industry ranked by performance. We com ...

Top 5 Companies in the Oil & Gas Equipme...

Here are the top 5 stocks in the Oil & Gas Equipment & Services industry ranked by perf ...