Uptrend Spotted in Shares of JDA Software Group (JDAS)

December 5th, 2010 by Manmohan Leave a reply »

In the past 52 weeks, shares of JDA Software Group have traded between a low of $20.76 and a high of $31.72 and are now at $27.28, which is 31% above that low price.

JDA Software Group is currently above its 50-day moving average of $24.68 and above its 200-day moving average of $25.63. Look for these moving averages to climb to confirm the company’s upward momentum.

In the last five trading sessions, the 50-day MA has climbed 0.85% while the 200-day MA has remained constant.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of JDA Software Group shares.

Source:http://www.benzinga.com/press-releases/10/12/c668281/uptrend-spotted-in-shares-of-jda-software-group-jdas

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