NYSE:JBI - New York Stock Exchange, Inc. - US47103N1063 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to JBI. In the last year, JBI was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
JBI 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. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 7.88, a Stop Loss order could be placed below this zone.
7.78
When analyzing the support we notice one important area.
When analyzing the resistance we notice 4 important areas.
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 JBI is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for JBI is neutral. |
ChartMill Relative Strength | 14.76 | NEGATIVE | JBI has a low relative strength, it was outperformed by 85.24% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of JBI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JBI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of JBI is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 46.01 | NEUTRAL | The RSI value for JBI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests JBI has a negative trend. |
Stochastics (14,3) | 15.17 | OVERSOLD | The low Stochastics value suggests JBI may be oversold. |
Average True Range in percent/ATR (20) | 3.47 | MEDIUM VOLATILITY | The ATR as a percentage value for JBI suggests some volalility. |
Average Directional Index/ADX (14) | 17.93 | NEGATIVE | The low ADX value for JBI suggests a weak or negative trend. |
7.89
-0.22 (-2.71%)