JETBLUE AIRWAYS CORP (JBLU) Stock Technical Analysis
NASDAQ:JBLU - Nasdaq - US4771431016 - Common Stock - Currency: USD
Taking everything into account, JBLU scores 1 out of 10 in our technical rating. JBLU's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, JBLU is a bad performer in the overall market: 88% of all stocks are doing better.
JBLU is one of the lesser performing stocks in the Passenger Airlines industry. 71% of 22 stocks in the same industry do better.
JBLU is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so JBLU is lagging the market.
In the last month JBLU has a been trading in the 4.19 - 5.57 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
JBLU has an average volume of 28826100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of JBLU is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
4.17
8.13
We can see 2 important resistance areas.
- A resistance zone ranging from 4.78 to 4.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.05 to 8.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for JBLU is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for JBLU is down. |
| ChartMill Relative Strength | 12.01 | NEGATIVE | JBLU has a low relative strength, it was outperformed by 87.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of JBLU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of JBLU is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of JBLU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.13 | NEUTRAL | The RSI value for JBLU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests JBLU has a negative trend. |
| Stochastics (14,3) | 4.65 | OVERSOLD | The low Stochastics value suggests JBLU may be oversold. |
| Average True Range in percent/ATR (20) | 6.99 | HIGH VOLATILITY | The high ATR as a percentage value for JBLU suggests high volalility. |
| Average Directional Index/ADX (14) | 19.68 | NEGATIVE | The low ADX value for JBLU suggests a weak or negative 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)
4.21
-0.36 (-7.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg-7.88%
1 Week-16.47%
2 Weeks-19.19%
1 Month-14.78%
3 Month-22.47%
6 Month-43.41%
12 Month-26.66%
2 Year-52.48%
3 Year-49.7%
5 Year-61.38%
10 Year-79.72%
15 Year-23.32%
Volatility
ATR(14)0.3
ATR(20)%6.99%
ATR Inc-7.44%
Range Today0.36
ADR(20)0.27
ADR(20)%6.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.01
Mansfield-3.19
10 Day High5.33
10 Day Low4.19
20 Day High5.57
20 Day Low4.19
52 Week High8.31
52 Week Low3.34
CS1 EndN/A
CR1 Start4.78
Volume & EV
DER(3)-1.11%
DER(5)-3%
Volume31.38M
Volume Incr-8.79%
Vol(5)24.00M
Vol(50)28.83M