JABIL INC (JBL) Technical Analysis
NYSE:JBL • US4663131039
Current stock price
JBL Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to JBL. Both in the recent history as in the last year, JBL has proven to be a steady performer, scoring decent points in every aspect analyzed.
- 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 94% of all stocks. On top of that, JBL also shows a nice and consistent pattern of rising prices.
- 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 near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month JBL has a been trading in the 245.19 - 338.48 range, which is quite wide. It is currently trading near the high of this range.
- JBL has an average volume of 1170590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
JBL Weekly and Daily overview Charts
JBL Setup Rating and Analysis
Although JBL has an excellent technical rating, it does not present a decent entry opportunity 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.
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JBL Support and Resistance Analysis
233.70
3 important support areas can be observed.
- Support @257.59 from a trend line in the daily time frame.
- A support zone ranging from 248.75 to 249.91. 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.
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 | UP | POSITIVE | The short term trend for JBL is up. |
| ChartMill Relative Strength | 94.48 | POSITIVE | JBL has a high relative strength, it outperformed 94.48% 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) | 76.98 | OVERBOUGHT | The high RSI value suggests JBL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 4.81 | POSITIVE | The MACD value suggests JBL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 96.39 | OVERBOUGHT | The high Stochastics value suggests JBL may be overbought. |
| Average True Range in percent/ATR (20) | 3.5 | MEDIUM VOLATILITY | The ATR as a percentage value for JBL suggests some volalility. |
| Average Directional Index/ADX (14) | 23.24 | NEUTRAL | The ADX value for JBL suggests a possible start of a new trend. |
JBL Chart- and CandleStick Pattern Analysis
JBL Technicals: Chart, Performance Metrics, Trend & Indicators
336.4
+2.72 (+0.82%)
JABIL INC / JBL TA FAQ
What is the technical rating for JBL stock?
ChartMill assigns a technical rating of 10 / 10 to JBL.
What is the current trend direction of JABIL INC (JBL) stock?
The current trend direction for JABIL INC (JBL) is Bullish.
Can you provide the RSI signal for JABIL INC?
JABIL INC (JBL) has an RSI value of 76.9772. This indicates that the stock is currently overbought.
Can you provide the MACD signal for JABIL INC?
The MACD indicator for JABIL INC (JBL) has a value of 4.80785, indicating a bullish trend.
Can you provide the support and resistance levels for JABIL INC?
JABIL INC (JBL) has a support level at 257.59. Check the full technical report for our detailed analysis of JBL support and resistance levels.