JBS NV-A (JBS) Stock Technical Analysis
USA - NYSE:JBS - NL0015002J37 - Common Stock
Taking everything into account, JBS scores 3 out of 10 in our technical rating. JBS performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
JBS has a poor technical rating and the quality of the setup is also 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.
More info and screens
12.39
We found 1 important support area.
- 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.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 13.03 to 13.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.54 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 | NEUTRAL | NEUTRAL | The short term trend for JBS is neutral. |
| 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 | MIXED | The current price of JBS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of JBS is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 41.18 | NEUTRAL | The RSI value for JBS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests JBS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.92 | NEUTRAL | The Stochastics value for JBS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.84 | MEDIUM VOLATILITY | The ATR as a percentage value for JBS suggests some volalility. |
| Average Directional Index/ADX (14) | 20.82 | NEUTRAL | The ADX value for JBS suggests a possible start of a new trend. |
12.97
-0.49 (-3.64%)
JBS NV-A / JBS FAQ
Can you provide the ChartMill technical rating for JBS NV-A?
ChartMill assigns a technical rating of 3 / 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 41.18. This indicates that the stock is currently neutral.
What are the support and resistance levels for JBS NV-A (JBS) stock?
JBS NV-A (JBS) has a support level at 12.63 and a resistance level at 13.03. Check the full technical report for our detailed analysis of JBS support and resistance levels.