Taking everything into account, JBSS scores 7 out of 10 in our technical rating. Although JBSS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- JBSS is part of the Food Products industry. There are 87 other stocks in this industry. JBSS outperforms 73% of them.
- When comparing the performance of all stocks over the past year, JBSS turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
- JBSS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so JBSS is lagging the market.
- In the last month JBSS has a been trading in the 68.88 - 77.16 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
JBSS 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.
More info and screens
58.33
We found 4 important support areas.
- A support zone ranging from 69.21 to 72.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @64.85 from a horizontal line in the daily time frame.
- A support zone ranging from 60.33 to 60.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @58.92 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 74.58 to 75.03. This zone is formed by a combination of multiple trend lines in the weekly 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 JBSS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JBSS is up. |
| ChartMill Relative Strength | 43.62 | NEUTRAL | JBSS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of JBSS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JBSS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JBSS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.59 | NEUTRAL | The RSI value for JBSS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests JBSS has a positive trend. |
| Stochastics (14,3) | 86.91 | OVERBOUGHT | The high Stochastics value suggests JBSS may be overbought. |
| Average True Range in percent/ATR (20) | 2.3 | MEDIUM VOLATILITY | The ATR as a percentage value for JBSS suggests some volalility. |
| Average Directional Index/ADX (14) | 24.68 | NEUTRAL | The ADX value for JBSS suggests a possible start of a new trend. |
73.49
-0.99 (-1.33%)
JOHN B. SANFILIPPO & SON INC / JBSS FAQ
What is the ChartMill technical rating of JOHN B. SANFILIPPO & SON INC (JBSS) stock?
ChartMill assigns a technical rating of 7 / 10 to JBSS.
Can you provide the trend direction for JOHN B. SANFILIPPO & SON INC?
The current trend direction for JOHN B. SANFILIPPO & SON INC (JBSS) is Bullish.
What is the RSI signal for JBSS stock?
JOHN B. SANFILIPPO & SON INC (JBSS) has an RSI value of 58.5929. This indicates that the stock is currently neutral.
What is the short term momentum for JBSS stock?
The short term momentum for JOHN B. SANFILIPPO & SON INC (JBSS) is positive.
What are the support and resistance levels for JOHN B. SANFILIPPO & SON INC (JBSS) stock?
JOHN B. SANFILIPPO & SON INC (JBSS) has a support level at 72.97 and a resistance level at 74.58. Check the full technical report for our detailed analysis of JBSS support and resistance levels.