JETBLUE AIRWAYS CORP (JBLU) Stock Technical Analysis
NASDAQ:JBLU - US4771431016 - Common Stock
5.38 USD
+0.3 (+5.91%)
5.38 USD
0 (0%)
Overall JBLU gets a technical rating of 7 out of 10. JBLU has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
JBLU is part of the Passenger Airlines industry. There are 22 other stocks in this industry, of which 80% are performing better than JBLU.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month JBLU has a been trading in the 4.16 - 5.49 range, which is quite wide. It is currently trading near the high of this range.
JBLU has an average volume of 19087000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, JBLU turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
JBLU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so JBLU is lagging the market.
Although JBLU has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
4.19
5.44
When analyzing the support we can see 3 important areas.
- A support zone ranging from 5.05 to 5.07. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 4.35 to 4.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.23 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.39 to 5.39. 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 | NEUTRAL | NEUTRAL | The long term trend for JBLU is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JBLU is up. |
| ChartMill Relative Strength | 65.46 | NEUTRAL | JBLU is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JBLU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JBLU is above 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) | 67.89 | NEUTRAL | The RSI value for JBLU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests JBLU has a positive trend. |
| Stochastics (14,3) | 83.18 | OVERBOUGHT | The high Stochastics value suggests JBLU may be overbought. |
| Average True Range in percent/ATR (20) | 4.4 | MEDIUM VOLATILITY | The ATR as a percentage value for JBLU suggests some volalility. |
| Average Directional Index/ADX (14) | 29.54 | POSITIVE | The high ADX value value for JBLU suggests a strong 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)
5.38
+0.3 (+5.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg5.91%
1 Week3.07%
2 Weeks24.25%
1 Month22.83%
3 Month9.13%
6 Month-23.25%
12 Month12.55%
2 Year-9.12%
3 Year-30.94%
5 Year-53.3%
10 Year-75.9%
15 Year-5.78%
Volatility
ATR(14)0.22
ATR(20)%4.4%
ATR Inc58.81%
Range Today0.34
ADR(20)0.22
ADR(20)%4.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.46
Mansfield-1.48
10 Day High5.49
10 Day Low4.22
20 Day High5.49
20 Day Low4.16
52 Week High8.31
52 Week Low3.34
CS1 End5.07
CR1 Start5.39
Volume & EV
DER(3)5.77%
DER(5)3.29%
Volume31.16M
Volume Incr-7.56%
Vol(5)17.90M
Vol(50)19.09M