JOHN B. SANFILIPPO & SON INC (JBSS) Stock Technical Analysis
NASDAQ:JBSS - Nasdaq - US8004221078 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to JBSS. JBSS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
88% of all other stocks performed better in the past year than JBSS.
JBSS is part of the Food Products industry. There are 89 other stocks in this industry, of which 77% are performing better than JBSS.
JBSS is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so JBSS is lagging the market.
In the last month JBSS has a been trading in the 58.47 - 63.88 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Although the technical rating is bad, JBSS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 63.79. Right above this resistance zone may be a good entry point.
More info and screens
58.32
107.45
We found 1 important support area.
- Support @58.91 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 63.79 to 65.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @69.21 from a horizontal line in the daily time frame.
- A resistance zone ranging from 71.03 to 71.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @79.32 from a trend line in the daily time frame.
- Resistance @106.39 from a horizontal line 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 | DOWN | NEGATIVE | The long term trend for JBSS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for JBSS is down. |
| ChartMill Relative Strength | 12.47 | NEGATIVE | JBSS has a low relative strength, it was outperformed by 87.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JBSS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of JBSS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of JBSS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.65 | NEUTRAL | The RSI value for JBSS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests JBSS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.76 | NEUTRAL | The Stochastics value for JBSS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.66 | MEDIUM VOLATILITY | The ATR as a percentage value for JBSS suggests some volalility. |
| Average Directional Index/ADX (14) | 27.75 | POSITIVE | The high ADX value value for JBSS 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)
61.66
-0.48 (-0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-0.77%
1 Week2.07%
2 Weeks-3.32%
1 Month0.55%
3 Month-17.32%
6 Month-28.55%
12 Month-36.93%
2 Year-47.42%
3 Year-14.94%
5 Year-27.74%
10 Year18.81%
15 Year326.12%
Volatility
ATR(14)1.62
ATR(20)%2.66%
ATR Inc-19.04%
Range Today1.67
ADR(20)1.62
ADR(20)%2.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.47
Mansfield-2.9
10 Day High63.88
10 Day Low59.54
20 Day High63.88
20 Day Low58.47
52 Week High105.63
52 Week Low58.47
CS1 End58.91
CR1 Start63.79
Volume & EV
DER(3)-1.65%
DER(5)-0.04%
Volume73.12K
Volume Incr-36.11%
Vol(5)57.47K
Vol(50)75.31K