HUNT (JB) TRANSPRT SVCS INC (JBHT) Technical Analysis
NASDAQ:JBHT • US4456581077
Current stock price
JBHT Technical Rating and Analysis
Taking everything into account, JBHT scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, JBHT did better than 84% of all other stocks.
- 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 in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so JBHT is performing more or less in line with the market.
- In the last month JBHT has a been trading in the 193.94 - 220.69 range, which is quite wide. It is currently trading near the high of this range.
- JBHT has an average volume of 1031140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
JBHT Weekly and Daily overview Charts
JBHT Setup Rating and Analysis
Although JBHT has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
JBHT Support and Resistance Analysis
127.94
5 important support areas can be observed.
- A support zone ranging from 203.68 to 207.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 197.63 to 199.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @194.10 from a horizontal line in the daily time frame.
- Support @136.71 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 230.38 to 234.93. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The short term trend for JBHT is neutral. |
| ChartMill Relative Strength | 84.65 | POSITIVE | JBHT has a high relative strength, it outperformed 84.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of JBHT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of JBHT is below 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) | 55.3 | NEUTRAL | The RSI value for JBHT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.49 | POSITIVE | The MACD value suggests JBHT has a positive trend. |
| Stochastics (14,3) | 92.31 | OVERBOUGHT | The high Stochastics value suggests JBHT may be overbought. |
| Average True Range in percent/ATR (20) | 3.39 | MEDIUM VOLATILITY | The ATR as a percentage value for JBHT suggests some volalility. |
| Average Directional Index/ADX (14) | 21.95 | NEUTRAL | The ADX value for JBHT suggests a possible start of a new trend. |
JBHT Chart- and CandleStick Pattern Analysis
JBHT Technicals: Chart, Performance Metrics, Trend & Indicators
214.91
+1.47 (+0.69%)
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 7 / 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 55.3035. 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 1.49262, indicating a bullish trend.
What is the support and resistance level for JBHT stock?
HUNT (JB) TRANSPRT SVCS INC (JBHT) has a support level at 207.73 and a resistance level at 230.38. Check the full technical report for our detailed analysis of JBHT support and resistance levels.