JABIL INC (JBL) Stock Technical Analysis
NYSE:JBL - New York Stock Exchange, Inc. - US4663131039 - Common Stock - Currency: USD
Overall JBL gets a technical rating of 9 out of 10. 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.
In the last month JBL has a been trading in the 212.30 - 232.84 range, which is quite wide. It is currently trading near the lows of this range.
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, JBL did better than 94% of all other stocks. On top of that, JBL also shows a nice and consistent pattern of rising prices.
JBL is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 80% 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.
JBL has an average volume of 1564140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
JBL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 217.39, a Stop Loss order could be placed below this zone.
More info and screens
124.99
232.69
When analyzing the support we can see 2 important areas.
- A support zone ranging from 217.39 to 217.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @126.25 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 218.29 to 226.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @230.39 from a horizontal line in the daily time frame.
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 | 94.56 | POSITIVE | JBL has a high relative strength, it outperformed 94.56% 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) | 48.07 | NEUTRAL | The RSI value for JBL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.43 | NEGATIVE | The MACD value suggests JBL has a negative trend. |
| Stochastics (14,3) | 44.23 | NEUTRAL | The Stochastics value for JBL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.29 | MEDIUM VOLATILITY | The ATR as a percentage value for JBL suggests some volalility. |
| Average Directional Index/ADX (14) | 19.72 | NEGATIVE | The low ADX value for JBL suggests a weak or negative 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)
217.4
-1.68 (-0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-0.77%
1 Week-1.4%
2 Weeks-2.59%
1 Month-2.17%
3 Month29.57%
6 Month28.15%
12 Month104.42%
2 Year90%
3 Year260.53%
5 Year536.6%
10 Year1023.51%
15 Year2020.98%
Volatility
ATR(14)6.97
ATR(20)%3.29%
ATR Inc53.63%
Range Today5.09
ADR(20)6.59
ADR(20)%3.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.56
Mansfield2.84
10 Day High232.42
10 Day Low214
20 Day High232.84
20 Day Low212.3
52 Week High232.84
52 Week Low99.67
CS1 End217.39
CR1 Start218.29
Volume & EV
DER(3)1.61%
DER(5)1.06%
Volume1.88M
Volume Incr9.9%
Vol(5)1.35M
Vol(50)1.56M