JOHN B. SANFILIPPO & SON INC (JBSS) Technical Analysis
NASDAQ:JBSS • US8004221078
Current stock price
JBSS Technical Rating and Analysis
Overall JBSS gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, JBSS is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that JBSS is one of the better performing stocks in the market, outperforming 76% of all stocks.
- JBSS is part of the Food Products industry. There are 86 other stocks in this industry. JBSS outperforms 77% of them.
- JBSS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so JBSS is performing more or less in line with the market.
- In the last month JBSS has a been trading in the 73.34 - 83.54 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days.
JBSS Weekly and Daily overview Charts
JBSS Setup Rating and Analysis
Besides having an excellent technical rating, JBSS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 82.98. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
JBSS Support and Resistance Analysis
59.81
4 important support areas can be observed.
- Support @81.66 from a trend line in the weekly time frame.
- A support zone ranging from 75.99 to 79.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 74.45 to 74.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @60.41 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 82.98 to 83.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
JBSS Technical Indicator Signal Analysis
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 | 76 | POSITIVE | JBSS has a high relative strength, it outperformed 76% 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) | 66.01 | NEUTRAL | The RSI value for JBSS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.72 | POSITIVE | The MACD value suggests JBSS has a positive trend. |
| Stochastics (14,3) | 87.52 | OVERBOUGHT | The high Stochastics value suggests JBSS may be overbought. |
| Average True Range in percent/ATR (20) | 2.91 | MEDIUM VOLATILITY | The ATR as a percentage value for JBSS suggests some volalility. |
| Average Directional Index/ADX (14) | 24.61 | NEUTRAL | The ADX value for JBSS suggests a possible start of a new trend. |
JBSS Chart- and CandleStick Pattern Analysis
JBSS Example Setup
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 |
|---|---|---|---|
| 83.56 | 81.65 | 1.91 (2.29%) | 25.00% |
| An entry @83.56. This is a Buy Stop order right above the resistance zone. | An exit @81.65. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.91 points, which is 2.29%. | For a 0.57% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of JBSS. Please evaluate whether better entry and exit points can be found.
- 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.
JBSS Technicals: Chart, Performance Metrics, Trend & Indicators
82.07
-0.12 (-0.15%)
JOHN B. SANFILIPPO & SON INC / JBSS TA FAQ
What is the ChartMill technical rating of JOHN B. SANFILIPPO & SON INC (JBSS) stock?
ChartMill assigns a technical rating of 9 / 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 JOHN B. SANFILIPPO & SON INC (JBSS) stock?
JOHN B. SANFILIPPO & SON INC (JBSS) has an RSI value of 66.0064. This indicates that the stock is currently neutral.
What is the MACD signal for JOHN B. SANFILIPPO & SON INC (JBSS) stock?
The MACD indicator for JOHN B. SANFILIPPO & SON INC (JBSS) has a value of 0.717037, indicating a bearish trend.
Can you provide the buy/sell signal for JOHN B. SANFILIPPO & SON INC?
The buy/sell signal for JOHN B. SANFILIPPO & SON INC (JBSS) is buy as both the short term and long term trends are positive.