JBT MAREL CORP (JBTM) Stock Technical Analysis
NYSE:JBTM - New York Stock Exchange, Inc. - US4778391049 - Common Stock - Currency: USD
Overall JBTM gets a technical rating of 5 out of 10. In the last year, JBTM was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, JBTM is a bad performer in the overall market: 100% of all stocks are doing better.
JBTM is part of the Machinery industry. There are 128 other stocks in this industry, of which 94% are performing better than JBTM.
The long and short term trends are both positive. This is looking good!
In the last month JBTM has a been trading in the 111.06 - 123.01 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
JBTM has an average technical rating and the quality of the presented setup is also not ideal 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
111.67
123.09
When analyzing the support we can see 2 important areas.
- A support zone ranging from 115.73 to 117.07. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 112.80 to 113.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 121.87 to 121.87. 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 | UP | POSITIVE | The short term trend for JBTM is up. |
| 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) | UP | POSITIVE | The current price of JBTM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of JBTM is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 63.27 | NEUTRAL | The RSI value for JBTM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests JBTM has a positive trend. |
| Stochastics (14,3) | 88.95 | OVERBOUGHT | The high Stochastics value suggests JBTM may be overbought. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for JBTM suggests some volalility. |
| Average Directional Index/ADX (14) | 14.25 | NEGATIVE | The low ADX value for JBTM 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)
121.86
+1.36 (+1.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg1.13%
1 Week6.14%
2 Weeks6.43%
1 Month8.75%
3 Month-8.33%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.14
ATR(20)%2.7%
ATR Inc-19.93%
Range Today2.34
ADR(20)2.81
ADR(20)%2.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High123.01
10 Day Low111.07
20 Day High123.01
20 Day Low111.07
52 Week HighN/A
52 Week LowN/A
CS1 End117.07
CR1 Start121.87
Volume & EV
DER(3)-1.13%
DER(5)0.61%
Volume374.60K
Volume Incr-5.38%
Vol(5)465.80K
Vol(50)538.13K