JABIL INC (JBL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:JBL - US4663131039 - Common Stock
Overall JBL gets a technical rating of 9 out of 10. 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, but the quality of the setup is only medium 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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132.80
4 important support areas can be observed.
- A support zone ranging from 207.21 to 209.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @197.25 from a trend line in the daily time frame.
- A support zone ranging from 192.48 to 193.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @134.14 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- 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 | NEUTRAL | NEUTRAL | The long term trend for JBL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JBL is up. |
| ChartMill Relative Strength | 90.05 | POSITIVE | JBL has a high relative strength, it outperformed 90.05% 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) | 61.91 | NEUTRAL | The RSI value for JBL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.16 | POSITIVE | The MACD value suggests JBL has a positive trend. |
| Stochastics (14,3) | 94.99 | OVERBOUGHT | The high Stochastics value suggests JBL may be overbought. |
| Average True Range in percent/ATR (20) | 3.48 | MEDIUM VOLATILITY | The ATR as a percentage value for JBL suggests some volalility. |
| Average Directional Index/ADX (14) | 14.25 | NEGATIVE | The low ADX value for JBL suggests a weak or negative trend. |
220.06
+1.34 (+0.61%)
JABIL INC / JBL FAQ
What is the technical rating for JBL stock?
ChartMill assigns a technical rating of 9 / 10 to JBL.
Can you provide the trend direction for JABIL INC?
The current trend direction for JABIL INC (JBL) is Bearish.
What is the RSI signal for JABIL INC (JBL) stock?
JABIL INC (JBL) has an RSI value of 61.9063. 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 2.15724, indicating a bullish trend.
Can you provide the support and resistance levels for JABIL INC?
JABIL INC (JBL) has a support level at 209.68 and a resistance level at 226.01. Check the full technical report for our detailed analysis of JBL support and resistance levels.