JOHN B. SANFILIPPO & SON INC (JBSS) Stock Technical Analysis
NASDAQ:JBSS - Nasdaq - US8004221078 - Common Stock - Currency: USD
Overall JBSS gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. JBSS was also a bad performer in the overall market in the last year.
90% of all other stocks performed better in the past year than JBSS.
JBSS is one of the lesser performing stocks in the Food Products industry. 65% of 91 stocks in the same industry do better.
JBSS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month JBSS has a been trading in the 60.70 - 66.96 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Volume is considerably higher in the last couple of days.
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 very little resistance above the current price. There is a support zone below the current price at 63.41, a Stop Loss order could be placed below this zone. 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
58.33
107.45
When analyzing the support we can see 2 important areas.
- A support zone ranging from 63.20 to 65.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @58.92 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 66.12 to 66.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @68.83 from a trend line in the weekly 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 | UP | POSITIVE | The short term trend for JBSS is up. |
| ChartMill Relative Strength | 10.54 | NEGATIVE | JBSS has a low relative strength, it was outperformed by 89.46% 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 | MIXED | The current price of JBSS is above 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) | 60.37 | NEUTRAL | The RSI value for JBSS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests JBSS has a positive trend. |
| Stochastics (14,3) | 87.41 | OVERBOUGHT | The high Stochastics value suggests JBSS may be overbought. |
| Average True Range in percent/ATR (20) | 2.6 | MEDIUM VOLATILITY | The ATR as a percentage value for JBSS suggests some volalility. |
| Average Directional Index/ADX (14) | 13.67 | NEGATIVE | The low ADX value for JBSS suggests a weak or negative 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)
66.11
-0.27 (-0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-0.41%
1 Week4.99%
2 Weeks5.44%
1 Month7.17%
3 Month-3.52%
6 Month-25.63%
12 Month-29.98%
2 Year-39.3%
3 Year-11.74%
5 Year-25.02%
10 Year27.16%
15 Year370.87%
Volatility
ATR(14)1.78
ATR(20)%2.6%
ATR Inc-31.21%
Range Today1.38
ADR(20)1.68
ADR(20)%2.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.54
Mansfield-2.51
10 Day High66.96
10 Day Low61.38
20 Day High66.96
20 Day Low60.7
52 Week High105.63
52 Week Low58.47
CS1 End63.41
CR1 Start63.43
Volume & EV
DER(3)1.07%
DER(5)-0.49%
Volume27.20K
Volume Incr111.5%
Vol(5)141.02K
Vol(50)83.38K