Overall JBHT gets a technical rating of 9 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.
Besides having an excellent technical rating, JBHT also presents 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 support zone below the current price at 194.09, a Stop Loss order could be placed below this zone.
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132.65
When analyzing the support we can see 3 important areas.
- A support zone ranging from 194.04 to 194.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 170.51 to 172.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @133.99 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 198.69 to 199.56. 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 | 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 | 89.48 | POSITIVE | JBHT has a high relative strength, it outperformed 89.48% 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) | 69.41 | NEUTRAL | The RSI value for JBHT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.58 | POSITIVE | The MACD value suggests JBHT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.21 | NEUTRAL | The Stochastics value for JBHT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for JBHT suggests some volalility. |
| Average Directional Index/ADX (14) | 45.17 | POSITIVE | The high ADX value value for JBHT suggests a strong trend. |
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 |
|---|---|---|---|
| 199.57 | 194.03 | 5.54 (2.78%) | 25.00% |
| An entry @199.57. This is a Buy Stop order right above the resistance zone. | An exit @194.03. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 5.54 points, which is 2.78%. | For a 0.69% 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.
194.1
-2.66 (-1.35%)
HUNT (JB) TRANSPRT SVCS INC / JBHT FAQ
What is the ChartMill technical rating of HUNT (JB) TRANSPRT SVCS INC (JBHT) stock?
ChartMill assigns a technical rating of 9 / 10 to JBHT.
What is the current trend direction of HUNT (JB) TRANSPRT SVCS INC (JBHT) stock?
The current trend direction for HUNT (JB) TRANSPRT SVCS INC (JBHT) is Bullish.
Can you provide the RSI signal for HUNT (JB) TRANSPRT SVCS INC?
HUNT (JB) TRANSPRT SVCS INC (JBHT) has an RSI value of 69.4122. This indicates that the stock is currently neutral.
What is the MACD signal for HUNT (JB) TRANSPRT SVCS INC (JBHT) stock?
The MACD indicator for HUNT (JB) TRANSPRT SVCS INC (JBHT) has a value of 0.580503, indicating a bearish trend.
What is the buy/sell signal for HUNT (JB) TRANSPRT SVCS INC (JBHT) stock?
The buy/sell signal for HUNT (JB) TRANSPRT SVCS INC (JBHT) is buy as both the short term and long term trends are positive.