JABIL INC (JBL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:JBL - US4663131039 - Common Stock
226.15 USD
+4.34 (+1.96%)
226.15 USD
0 (0%)
Overall JBL gets a technical rating of 7 out of 10. In the last year, JBL was one of the better performers, but we do observe some doubts in the very recent evolution.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
JBL is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 75% of 124 stocks in the same industry.
JBL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so JBL is lagging the market slightly.
In the last month JBL has a been trading in the 206.76 - 249.00 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
JBL has an average volume of 1238100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that JBL is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Besides having an excellent technical rating, JBL 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.
More info and screens
135.24
242.80
When analyzing the support we can see 5 important areas.
- Support @213.63 from a trend line in the weekly time frame.
- Support @208.18 from a trend line in the daily time frame.
- Support @199.66 from a trend line in the daily time frame.
- A support zone ranging from 192.48 to 193.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @136.61 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @234.45 from a horizontal line in the daily time frame.
- A resistance zone ranging from 240.40 to 240.40. 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 JBL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for JBL is neutral. |
| ChartMill Relative Strength | 87.46 | POSITIVE | JBL has a high relative strength, it outperformed 87.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of JBL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JBL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JBL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.74 | NEUTRAL | The RSI value for JBL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.42 | NEGATIVE | The MACD value suggests JBL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.77 | NEUTRAL | The Stochastics value for JBL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.43 | MEDIUM VOLATILITY | The ATR as a percentage value for JBL suggests some volalility. |
| Average Directional Index/ADX (14) | 21.31 | NEUTRAL | The ADX value for JBL suggests a possible start of a new 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)
226.15
+4.34 (+1.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg1.96%
1 Week-5.92%
2 Weeks-3.56%
1 Month-1.66%
3 Month16.58%
6 Month1.86%
12 Month46.97%
2 Year80.5%
3 Year187.61%
5 Year446.65%
10 Year1035.86%
15 Year1019%
Volatility
ATR(14)8.5
ATR(20)%4.43%
ATR Inc-10.29%
Range Today7.75
ADR(20)9.83
ADR(20)%4.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.46
3 months CRS85.49
6 months CRS43.81
Mansfield0.74
10 Day High249
10 Day Low215
20 Day High249
20 Day Low206.76
52 Week High249
52 Week Low108.66
CS1 End213.63
CR1 Start234.45
Volume & EV
DER(3)-2.68%
DER(5)-2.38%
Volume993.70K
Volume Incr-7.87%
Vol(5)1.25M
Vol(50)1.24M
JABIL INC / JBL FAQ
What is the technical rating for JBL stock?
ChartMill assigns a technical rating of 7 / 10 to JBL.
What is the current trend direction of JABIL INC (JBL) stock?
The current trend direction for JABIL INC (JBL) is Bullish.
What is the RSI signal for JABIL INC (JBL) stock?
JABIL INC (JBL) has an RSI value of 51.739. This indicates that the stock is currently neutral.
What is the MACD signal for JBL stock?
The MACD indicator for JABIL INC (JBL) has a value of -1.41784, indicating a bearish trend.
Can you provide the short term momentum for JABIL INC?
The short term momentum for JABIL INC (JBL) is neutral.