JABIL INC (JBL) Technical Analysis
NYSE:JBL • US4663131039
Current stock price
JBL Technical Rating and Analysis
Overall JBL gets a technical rating of 8 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.
- Looking at the yearly performance, JBL did better than 92% of all other stocks.
- JBL is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry. JBL outperforms 80% of them.
- JBL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so JBL is performing more or less in line with the market.
- JBL has an average volume of 1205730 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 234.96 - 283.76 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
JBL Weekly and Daily overview Charts
JBL Setup Rating and Analysis
JBL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
JBL Support and Resistance Analysis
140.61
We found 4 important support areas.
- A support zone ranging from 248.46 to 251.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 240.24 to 241.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @236.06 from a horizontal line in the daily time frame.
- Support @142.03 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @283.25 from a horizontal line in the daily time frame.
JBL Technical Indicator Signal Analysis
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 | 92.87 | POSITIVE | JBL has a high relative strength, it outperformed 92.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of JBL is above 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) | 50.63 | NEUTRAL | The RSI value for JBL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.75 | POSITIVE | The MACD value suggests JBL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.3 | NEUTRAL | The Stochastics value for JBL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.6 | MEDIUM VOLATILITY | The ATR as a percentage value for JBL suggests some volalility. |
| Average Directional Index/ADX (14) | 13.82 | NEGATIVE | The low ADX value for JBL suggests a weak or negative trend. |
JBL Chart- and CandleStick Pattern Analysis
JBL Example Setup
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 |
|---|---|---|---|
| 265.02 | 248.45 | 16.57 (6.25%) | 15.99% |
| An entry @265.02. This is a Buy Stop order right above the 10 day moving average. | An exit @248.45. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 16.57 points, which is 6.25%. | When investing 15.99% 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.
JBL Technicals: Chart, Performance Metrics, Trend & Indicators
261.1
-3.05 (-1.15%)
JABIL INC / JBL TA FAQ
What is the technical rating for JBL stock?
ChartMill assigns a technical rating of 8 / 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 50.6279. 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 0.746078, indicating a bearish trend.
Can you provide the short term momentum for JABIL INC?
The short term momentum for JABIL INC (JBL) is neutral.