JBT MAREL CORP (JBTM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:JBTM - US4778391049 - Common Stock
Overall JBTM gets a technical rating of 9 out of 10. Both in the recent history as in the last year, JBTM has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, JBTM also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 151.81, 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
134.20
When analyzing the support we can see 2 important areas.
- A support zone ranging from 150.55 to 151.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 135.56 to 137.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @159.57 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 | UP | POSITIVE | The long term trend for JBTM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JBTM is up. |
| ChartMill Relative Strength | 80.85 | POSITIVE | JBTM has a high relative strength, it outperformed 80.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JBTM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JBTM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JBTM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.69 | NEUTRAL | The RSI value for JBTM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests JBTM has a negative trend. |
| Stochastics (14,3) | 82 | OVERBOUGHT | The high Stochastics value suggests JBTM may be overbought. |
| Average True Range in percent/ATR (20) | 2.28 | MEDIUM VOLATILITY | The ATR as a percentage value for JBTM suggests some volalility. |
| Average Directional Index/ADX (14) | 17.95 | NEGATIVE | The low ADX value for JBTM suggests a weak or negative 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 |
|---|---|---|---|
| 159.58 | 150.54 | 9.04 (5.66%) | 17.65% |
| An entry @159.58. This is a Buy Stop order right above the resistance zone. | An exit @150.54. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 9.04 points, which is 5.66%. | For a 1.00% total portfolio risk, you can invest 17.65% of your capital in this trade. |
- 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.
156.04
-3.52 (-2.21%)
JBT MAREL CORP / JBTM FAQ
Can you provide the ChartMill technical rating for JBT MAREL CORP?
ChartMill assigns a technical rating of 9 / 10 to JBTM.
What is the current trend direction of JBT MAREL CORP (JBTM) stock?
The current trend direction for JBT MAREL CORP (JBTM) is Bullish.
What is the RSI signal for JBT MAREL CORP (JBTM) stock?
JBT MAREL CORP (JBTM) has an RSI value of 59.6937. This indicates that the stock is currently neutral.
What is the short term momentum for JBT MAREL CORP (JBTM) stock?
The short term momentum for JBT MAREL CORP (JBTM) is positive.
What is the buy/sell signal for JBT MAREL CORP (JBTM) stock?
The buy/sell signal for JBT MAREL CORP (JBTM) is buy as both the short term and long term trends are positive.