JBDI HOLDINGS LTD (JBDI) Stock Technical Analysis
NASDAQ:JBDI - Nasdaq - KYG508831008 - Common Stock - Currency: USD
Overall JBDI gets a technical rating of 4 out of 10. In the last year, JBDI was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
JBDI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 1.02, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for JBDI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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0.93
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.01 to 1.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.94 to 0.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @1.06 from a horizontal line in the daily time frame.
- Resistance @1.24 from a trend line in the daily 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 JBDI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for JBDI is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | JBDI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of JBDI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JBDI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of JBDI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.14 | NEUTRAL | The RSI value for JBDI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests JBDI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.55 | NEUTRAL | The Stochastics value for JBDI is a neutral value. |
| Average True Range in percent/ATR (20) | 9.78 | HIGH VOLATILITY | The high ATR as a percentage value for JBDI suggests high volalility. |
| Average Directional Index/ADX (14) | 13.6 | NEGATIVE | The low ADX value for JBDI suggests a weak or negative trend. |
1.0217
-0.01 (-0.81%)