JBT MAREL CORP (JBTM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:JBTM - US4778391049 - Common Stock
Overall JBTM gets a technical rating of 3 out of 10. In the last year, JBTM was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
Although the technical rating is bad, JBTM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 132.93, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for JBTM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
124.83
We found 3 important support areas.
- A support zone ranging from 132.92 to 132.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @130.48 from a trend line in the daily time frame.
- Support @126.09 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 138.82 to 142.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 145.64 to 147.71. 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 JBTM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for JBTM is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | JBTM has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of JBTM is below a declining 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) | 48.84 | NEUTRAL | The RSI value for JBTM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests JBTM has a negative trend. |
| Stochastics (14,3) | 66.36 | NEUTRAL | The Stochastics value for JBTM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.84 | MEDIUM VOLATILITY | The ATR as a percentage value for JBTM suggests some volalility. |
| Average Directional Index/ADX (14) | 11.76 | NEGATIVE | The low ADX value for JBTM suggests a weak or negative trend. |
137.81
-1.44 (-1.03%)
JBT MAREL CORP / JBTM FAQ
What is the technical rating for JBTM stock?
ChartMill assigns a technical rating of 3 / 10 to JBTM.
What is the trend direction for JBTM stock?
The current trend direction for JBT MAREL CORP (JBTM) is Bullish.
Can you provide the RSI signal for JBT MAREL CORP?
JBT MAREL CORP (JBTM) has an RSI value of 48.8446. This indicates that the stock is currently neutral.
Can you provide the MACD signal for JBT MAREL CORP?
The MACD indicator for JBT MAREL CORP (JBTM) has a value of -0.112573, indicating a bearish trend.
Can you provide the support and resistance levels for JBT MAREL CORP?
JBT MAREL CORP (JBTM) has a support level at 132.93 and a resistance level at 138.82. Check the full technical report for our detailed analysis of JBTM support and resistance levels.