JABIL INC (JBL) Stock Technical Analysis
NYSE:JBL - New York Stock Exchange, Inc. - US4663131039 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to JBL. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, JBL is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that JBL is one of the better performing stocks in the market, outperforming 96% of all stocks.
JBL is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry. JBL outperforms 87% of them.
A new 52 week high is currently being made by JBL, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month JBL has a been trading in the 171.66 - 222.20 range, which is quite wide. It is currently trading near the high of this range.
JBL has an average volume of 1408640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Although JBL has an excellent technical rating, it does not offer a high quality setup 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
101.39
224.11
We found 4 important support areas.
- Support @190.58 from a trend line in the daily time frame.
- Support @184.43 from a trend line in the daily time frame.
- Support @123.29 from a trend line in the weekly time frame.
- Support @102.41 from a horizontal line in the weekly 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 | UP | POSITIVE | The short term trend for JBL is up. |
| ChartMill Relative Strength | 96.59 | POSITIVE | JBL has a high relative strength, it outperformed 96.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JBL is above the rising 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) | 87.8 | OVERBOUGHT | The high RSI value suggests JBL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.57 | POSITIVE | The MACD value suggests JBL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 96.93 | OVERBOUGHT | The high Stochastics value suggests JBL may be overbought. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for JBL suggests some volalility. |
| Average Directional Index/ADX (14) | 51.49 | POSITIVE | The high ADX value value for JBL suggests a strong 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)
221.89
+5.75 (+2.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg2.66%
1 Week3.37%
2 Weeks12.7%
1 Month28.27%
3 Month89.84%
6 Month48.26%
12 Month104.39%
2 Year100.5%
3 Year273.93%
5 Year536.52%
10 Year995.75%
15 Year1429.22%
Volatility
ATR(14)6.33
ATR(20)%2.46%
ATR Inc-9.9%
Range Today6.19
ADR(20)4.98
ADR(20)%2.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.59
Mansfield4.61
10 Day High222.2
10 Day Low198.21
20 Day High222.2
20 Day Low171.66
52 Week High222.2
52 Week Low95.85
CS1 End188.76
CR1 StartN/A
Volume & EV
DER(3)0.7%
DER(5)0.42%
Volume1.66M
Volume Incr16.9%
Vol(5)2.08M
Vol(50)1.41M