Bear Signals: Death Cross Alert (JACK, NPD)

The Death Cross is one of the most well known bearish signals in the market. This technical indicator occurs when a stock's 50-day moving average crosses below its 200-day moving average. The Death Cross is widely viewed by bears as a potential precursor to a significant breakdown in share price. Two stocks experienced a Death Cross in Monday's trading action: 1) Jack in The Box JACK: Shares of Jack in The Box closed down 0.60% from Friday's close on Monday, as their 50-day simple moving average crossed below their 200-day simple moving average. The stock has lost 5.7% in the past seven trading sessions. Shares of Jack in The Box are nearing their 52-week low of $18.42, which was set on July 7th of last year. 2) China Nepstar Chain Drugstore NPD: Shares of China Nepstar closed down 0.94% from Friday's close on Monday, as their 50-day simple moving average crossed below their 200-day simple moving average. The stock has lost 13% in the past seven trading sessions. Shares of China Nepstar are nearing their 52-week low of $2.47, which was set on August 12th of last year.