HUNT (JB) TRANSPRT SVCS INC (JBHT) Technical Analysis
NASDAQ:JBHT • US4456581077
Current stock price
JBHT Technical Rating and Analysis
Overall JBHT gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, JBHT is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, JBHT did better than 90% of all other stocks. We also observe that the gains produced by JBHT over the past year are nicely spread over this period.
- JBHT is one of the better performing stocks in the Ground Transportation industry, it outperforms 87% of 42 stocks in the same industry.
- JBHT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- JBHT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
JBHT Weekly and Daily overview Charts
JBHT Setup Rating and Analysis
JBHT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 248.74. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for JBHT 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.
More info and screens
JBHT Support and Resistance Analysis
127.94
We found 7 important support areas.
- A support zone ranging from 246.30 to 248.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 238.84 to 240.93. 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 214.66 to 215.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @202.72 from a horizontal line in the daily time frame.
- Support @194.10 from a horizontal line in the daily time frame.
- Support @137.31 from a trend line in the weekly time frame.
- Support @129.23 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 248.74 to 253.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
JBHT Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for JBHT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JBHT is up. |
| ChartMill Relative Strength | 90.58 | POSITIVE | JBHT has a high relative strength, it outperformed 90.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JBHT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JBHT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JBHT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.89 | NEUTRAL | The RSI value for JBHT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests JBHT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.17 | NEUTRAL | The Stochastics value for JBHT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.06 | MEDIUM VOLATILITY | The ATR as a percentage value for JBHT suggests some volalility. |
| Average Directional Index/ADX (14) | 30.73 | POSITIVE | The high ADX value value for JBHT suggests a strong trend. |
JBHT Chart- and CandleStick Pattern Analysis
JBHT Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 253.73 | 246.29 | 7.44 (2.93%) | 25.00% |
| An entry @253.73. This is a Buy Stop order right above the resistance zone. | An exit @246.29. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 7.44 points, which is 2.93%. | For a 0.73% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of JBHT. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
JBHT Technicals: Chart, Performance Metrics, Trend & Indicators
248.73
-2.8 (-1.11%)
HUNT (JB) TRANSPRT SVCS INC / JBHT TA FAQ
What is the ChartMill technical rating of HUNT (JB) TRANSPRT SVCS INC (JBHT) stock?
ChartMill assigns a technical rating of 10 / 10 to JBHT.
Can you provide the trend direction for HUNT (JB) TRANSPRT SVCS INC?
The current trend direction for HUNT (JB) TRANSPRT SVCS INC (JBHT) is Bullish.
What is the RSI signal for JBHT stock?
HUNT (JB) TRANSPRT SVCS INC (JBHT) has an RSI value of 62.8883. This indicates that the stock is currently neutral.
What is the MACD signal for JBHT stock?
The MACD indicator for HUNT (JB) TRANSPRT SVCS INC (JBHT) has a value of 0.258277, indicating a bearish trend.
What is the support and resistance level for JBHT stock?
HUNT (JB) TRANSPRT SVCS INC (JBHT) has a support level at 248.72 and a resistance level at 248.74. Check the full technical report for our detailed analysis of JBHT support and resistance levels.