Overall JBSS gets a technical rating of 4 out of 10. JBSS was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
Although the technical rating is only medium, JBSS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 70.62, a Stop Loss order could be placed below this zone.
More info and screens
58.33
We found 5 important support areas.
- A support zone ranging from 69.46 to 70.62. 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.
- Support @62.22 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 2 important areas.
- A resistance zone ranging from 72.60 to 73.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The short term trend for JBSS is neutral. |
| ChartMill Relative Strength | 29.53 | NEGATIVE | JBSS has a low relative strength, it was outperformed by 70.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of JBSS is below 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) | 47.47 | NEUTRAL | The RSI value for JBSS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.47 | NEGATIVE | The MACD value suggests JBSS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.48 | OVERSOLD | The low Stochastics value suggests JBSS may be oversold. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for JBSS suggests some volalility. |
| Average Directional Index/ADX (14) | 21.34 | NEUTRAL | The ADX value for JBSS suggests a possible start of a new trend. |
70.85
+0.68 (+0.97%)
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 4 / 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 47.4689. 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 neutral.
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 70.62 and a resistance level at 72.6. Check the full technical report for our detailed analysis of JBSS support and resistance levels.