JBS NV-A (JBS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:JBS - NL0015002J37 - Common Stock
Taking everything into account, JBS scores 5 out of 10 in our technical rating. Although JBS is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, JBS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for JBS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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12.39
3 important support areas can be observed.
- Support @13.97 from a trend line in the daily time frame.
- Support @13.29 from a trend line in the daily time frame.
- A support zone ranging from 12.52 to 12.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 14.70 to 14.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @16.53 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 | UP | POSITIVE | The long term trend for JBS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JBS is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | JBS has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JBS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of JBS is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 56.24 | NEUTRAL | The RSI value for JBS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests JBS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.31 | NEUTRAL | The Stochastics value for JBS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.79 | MEDIUM VOLATILITY | The ATR as a percentage value for JBS suggests some volalility. |
| Average Directional Index/ADX (14) | 17.61 | NEGATIVE | The low ADX value for JBS suggests a weak or negative trend. |
14.4
+0.25 (+1.77%)
JBS NV-A / JBS FAQ
Can you provide the ChartMill technical rating for JBS NV-A?
ChartMill assigns a technical rating of 5 / 10 to JBS.
Can you provide the trend direction for JBS NV-A?
The current trend direction for JBS NV-A (JBS) is Bullish.
What is the RSI signal for JBS stock?
JBS NV-A (JBS) has an RSI value of 56.2358. This indicates that the stock is currently neutral.
What is the buy/sell signal for JBS NV-A (JBS) stock?
The buy/sell signal for JBS NV-A (JBS) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for JBS NV-A (JBS) stock?
JBS NV-A (JBS) has a support level at 13.97 and a resistance level at 14.7. Check the full technical report for our detailed analysis of JBS support and resistance levels.