JABIL INC (JBL) Stock Technical Analysis
USA - NYSE:JBL - US4663131039 - Common Stock
Taking everything into account, JBL scores 8 out of 10 in our technical rating. In the last year, JBL was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
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 210.60, a Stop Loss order could be placed below this zone.
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131.33
When analyzing the support we can see 4 important areas.
- A support zone ranging from 207.04 to 210.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @200.54 from a trend line in the daily time frame.
- A support zone ranging from 193.98 to 193.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @132.66 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 217.15 to 218.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 226.01 to 226.02. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @230.38 from a horizontal line in the daily time frame.
- Resistance @234.46 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 | 87.85 | POSITIVE | JBL has a high relative strength, it outperformed 87.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of JBL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of JBL is below 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) | 48.5 | NEUTRAL | The RSI value for JBL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests JBL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.99 | NEUTRAL | The Stochastics value for JBL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.86 | MEDIUM VOLATILITY | The ATR as a percentage value for JBL suggests some volalility. |
| Average Directional Index/ADX (14) | 12.56 | NEGATIVE | The low ADX value for JBL suggests a weak or negative 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 |
|---|---|---|---|
| 218.13 | 207.03 | 11.10 (5.09%) | 19.65% |
| An entry @218.13. This is a Buy Stop order right above the resistance zone. | An exit @207.03. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 11.10 points, which is 5.09%. | When investing 19.65% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of JBL. 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.
211.09
-8.17 (-3.73%)
JABIL INC / JBL FAQ
What is the technical rating for JBL stock?
ChartMill assigns a technical rating of 8 / 10 to JBL.
Can you provide the trend direction for JABIL INC?
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 48.4988. This indicates that the stock is currently neutral.
What is the MACD signal for JABIL INC (JBL) stock?
The MACD indicator for JABIL INC (JBL) has a value of 0.161995, indicating a bearish trend.
Can you provide the support and resistance levels for JABIL INC?
JABIL INC (JBL) has a support level at 210.6 and a resistance level at 217.15. Check the full technical report for our detailed analysis of JBL support and resistance levels.