JBDI HOLDINGS LTD (JBDI) Stock Technical Analysis
NASDAQ:JBDI - KYG508831008 - Common Stock
1.03 USD
+0.01 (+0.49%)
0.9901 USD
-0.04 (-3.87%)
Taking everything into account, JBDI scores 3 out of 10 in our technical rating. JBDI performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, JBDI is a bad performer in the overall market: 98% of all stocks are doing better.
JBDI is one of the lesser performing stocks in the Containers & Packaging industry. 104% of 22 stocks in the same industry do better.
JBDI is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
In the last month JBDI has a been trading in the 0.85 - 1.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, JBDI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.05. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.00, a Stop Loss order could be placed below this zone.
More info and screens
0.90
1.08
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.99 to 1.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.96 from a trend line in the daily time frame.
- A support zone ranging from 0.91 to 0.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 1.05 to 1.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 2.64 | NEGATIVE | JBDI has a low relative strength, it was outperformed by 97.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JBDI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of JBDI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JBDI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.32 | NEUTRAL | The RSI value for JBDI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests JBDI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.29 | NEUTRAL | The Stochastics value for JBDI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.94 | HIGH VOLATILITY | The high ATR as a percentage value for JBDI suggests high volalility. |
| Average Directional Index/ADX (14) | 10.82 | NEGATIVE | The low ADX value for JBDI suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
1.03
+0.01 (+0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg0.49%
1 Week-3.73%
2 Weeks0.98%
1 Month10.15%
3 Month-11.21%
6 Month78.91%
12 Month-91.67%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%5.94%
ATR Inc-25.88%
Range Today0.04
ADR(20)0.06
ADR(20)%5.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.64
Mansfield-4.6
10 Day High1.09
10 Day Low0.93
20 Day High1.09
20 Day Low0.85
52 Week High39.41
52 Week Low0.49
CS1 End1
CR1 Start1.05
Volume & EV
DER(3)-4.97%
DER(5)-0.68%
Volume6.70K
Volume Incr-39.37%
Vol(5)15.66K
Vol(50)34.87K