JOHN B. SANFILIPPO & SON INC (JBSS) Stock Technical Analysis
NASDAQ:JBSS • US8004221078
We assign a technical rating of 8 out of 10 to JBSS. 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 one of the better performing stocks in the Food Products industry, it outperforms 75% of 87 stocks in the same industry.
- JBSS is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month JBSS has a been trading in the 72.92 - 85.15 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, JBSS did better than 71% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- Volume is considerably higher in the last couple of days.
Although JBSS has an excellent technical rating, it does not offer a high quality setup 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
59.73
We found 6 important support areas.
- Support @81.43 from a trend line in the daily time frame.
- A support zone ranging from 78.24 to 78.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 75.21 to 76.13. 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.
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 | 71.25 | POSITIVE | JBSS has a high relative strength, it outperformed 71.25% 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) | UP | POSITIVE | The current price of JBSS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.05 | OVERBOUGHT | The high RSI value suggests JBSS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests JBSS has a positive trend. |
| Stochastics (14,3) | 86.07 | OVERBOUGHT | The high Stochastics value suggests JBSS may be overbought. |
| Average True Range in percent/ATR (20) | 2.93 | MEDIUM VOLATILITY | The ATR as a percentage value for JBSS suggests some volalility. |
| Average Directional Index/ADX (14) | 35.93 | POSITIVE | The high ADX value value for JBSS suggests a strong trend. |
82.98
-0.57 (-0.68%)
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 8 / 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 71.0512. This indicates that the stock is currently overbought.
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 81.43. Check the full technical report for our detailed analysis of JBSS support and resistance levels.