JACOBS SOLUTIONS INC (J) Stock Technical Analysis
NYSE:J - New York Stock Exchange, Inc. - US46982L1089 - Common Stock - Currency: USD
Overall J gets a technical rating of 5 out of 10. In the past year, J was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
J has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 127.46. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 125.34, a Stop Loss order could be placed below this zone.
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123.15
When analyzing the support we notice one important area.
- A support zone ranging from 124.39 to 125.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 127.46 to 129.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @132.66 from a trend line in the weekly time frame.
- Resistance @153.73 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for J is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for J is up. |
| ChartMill Relative Strength | 35.02 | NEUTRAL | J is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of J is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of J is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of J is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.38 | NEUTRAL | The RSI value for J is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests J has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.65 | NEUTRAL | The Stochastics value for J is a neutral value. |
| Average True Range in percent/ATR (20) | 2.31 | MEDIUM VOLATILITY | The ATR as a percentage value for J suggests some volalility. |
| Average Directional Index/ADX (14) | 11.1 | NEGATIVE | The low ADX value for J suggests a weak or negative trend. |
125.85
-0.96 (-0.76%)