JOHN B. SANFILIPPO & SON INC (JBSS) Stock Technical Analysis
USA - NASDAQ:JBSS - US8004221078 - Common Stock
Overall JBSS gets a technical rating of 6 out of 10. In the last year, JBSS was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
JBSS has an average technical rating and the quality of the presented setup is also not ideal 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.
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58.33
When analyzing the support we can see 4 important areas.
- A support zone ranging from 64.85 to 64.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 63.04 to 63.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
- A support zone ranging from 58.92 to 58.92. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 68.94 to 69.58. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @71.03 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 | NEUTRAL | NEUTRAL | The long term trend for JBSS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JBSS is up. |
| ChartMill Relative Strength | 25.69 | NEGATIVE | JBSS has a low relative strength, it was outperformed by 74.31% 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) | UP | POSITIVE | The current price of JBSS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of JBSS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.08 | NEUTRAL | The RSI value for JBSS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.85 | POSITIVE | The MACD value suggests JBSS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.42 | OVERBOUGHT | The high Stochastics value suggests JBSS may be overbought. |
| Average True Range in percent/ATR (20) | 3.43 | MEDIUM VOLATILITY | The ATR as a percentage value for JBSS suggests some volalility. |
| Average Directional Index/ADX (14) | 26.18 | POSITIVE | The high ADX value value for JBSS suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 69.59 | 64.84 | 4.75 (6.83%) | 14.65% |
| An entry @69.59. This is a Buy Stop order right above the resistance zone. | An exit @64.84. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.75 points, which is 6.83%. | When investing 14.65% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
67.62
-0.4 (-0.59%)
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 6 / 10 to JBSS.
What is the current trend direction of JOHN B. SANFILIPPO & SON INC (JBSS) stock?
The current trend direction for JOHN B. SANFILIPPO & SON INC (JBSS) is Bearish.
What is the RSI signal for JBSS stock?
JOHN B. SANFILIPPO & SON INC (JBSS) has an RSI value of 59.0848. This indicates that the stock is currently neutral.
What is the support and resistance level for JBSS stock?
JOHN B. SANFILIPPO & SON INC (JBSS) has a support level at 64.91 and a resistance level at 68.94. Check the full technical report for our detailed analysis of JBSS support and resistance levels.