JABIL INC (JBL) Stock Technical Analysis
NYSE:JBL - US4663131039 - Common Stock
210.1 USD
+2.13 (+1.02%)
210.1 USD
0 (0%)
We assign a technical rating of 7 out of 10 to JBL. 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.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that JBL is one of the better performing stocks in the market, outperforming 93% of all 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 75% of 125 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 1391050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month JBL has a been trading in the 196.93 - 232.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although JBL has an excellent technical rating, the quality of the presented setup is not ideal 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
126.45
232.69
We found 2 important support areas.
- A support zone ranging from 202.07 to 207.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @127.73 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 226.01 to 226.02. This zone is formed by a combination of multiple trend lines 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 | 93.63 | POSITIVE | JBL has a high relative strength, it outperformed 93.63% 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) | DOWN | NEGATIVE | The current price of JBL is below a declining 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) | 48.36 | NEUTRAL | The RSI value for JBL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests JBL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50.56 | NEUTRAL | The Stochastics value for JBL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.88 | MEDIUM VOLATILITY | The ATR as a percentage value for JBL suggests some volalility. |
| Average Directional Index/ADX (14) | 20.6 | 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)
210.1
+2.13 (+1.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg1.02%
1 Week0.11%
2 Weeks2.46%
1 Month-4.71%
3 Month18.96%
6 Month50.13%
12 Month107.94%
2 Year65.58%
3 Year264.06%
5 Year513.25%
10 Year839.2%
15 Year1358.02%
Volatility
ATR(14)5.29
ATR(20)%2.88%
ATR Inc32.95%
Range Today6.58
ADR(20)5.52
ADR(20)%2.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.63
Mansfield2.02
10 Day High212.58
10 Day Low196.93
20 Day High232.42
20 Day Low196.93
52 Week High232.84
52 Week Low99.67
CS1 End207.3
CR1 Start226.01
Volume & EV
DER(3)0.24%
DER(5)2.03%
Volume1.12M
Volume Incr5.29%
Vol(5)1.42M
Vol(50)1.39M