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A Guide To The Risks Of Investing In Jack Henry & Associates, Inc. (JKHY)

Jack Henry & Associates, Inc.’s recently made public that its Senior Vice President Zengel Stacey E. unloaded Company’s shares for reported $53823.0 on Dec 18 ’23. In the deal valued at $165.10 per share,326 shares were sold. As a result of this transaction, Zengel Stacey E. now holds 5,410 shares worth roughly $0.88 million.

Then, WIMSETT THOMAS A bought 2,000 shares, generating $291,020 in total proceeds. Upon buying the shares at $145.51, the Director now owns 36,950 shares.

Wolfe Research initiated its Jack Henry & Associates, Inc. [JKHY] rating to a Peer perform in a research note published recently. A number of analysts have revised their coverage, including Citigroup’s analysts, who began to cover the stock in mid January with a ‘”a Neutral”‘ rating. BofA Securities also remained covering JKHY and has increased its forecast on December 06, 2023 with a “Buy” recommendation from previously “Neutral” rating.

Price Performance Review of JKHY

On Tuesday, Jack Henry & Associates, Inc. [NASDAQ:JKHY] saw its stock fall -2.06% to $162.69. Over the last five days, the stock has lost -2.28%. Jack Henry & Associates, Inc. shares have fallen nearly -0.44% since the year began. Nevertheless, the stocks have fallen -0.40% over the past one year. While a 52-week high of $178.37 was reached on 02/12/24, a 52-week low of $136.57 was recorded on 02/06/24. SMA at 50 days reached $170.16, while 200 days put it at $161.96. A total of 0.49 million shares were traded, compared to the trading of 0.29 million shares in the previous session.

Levels Of Support And Resistance For JKHY Stock

The 24-hour chart illustrates a support level at 161.61, which if violated will result in even more drops to 160.52. On the upside, there is a resistance level at 164.41. A further resistance level may holdings at 166.12. The Relative Strength Index (RSI) on the 14-day chart is 37.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.98, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.79%. Stochastics %K at 15.68% indicates the stock is a buying.

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