JBT MAREL CORP (JBTM) Stock Technical Analysis
USA - NYSE:JBTM - US4778391049 - Common Stock
We assign a technical rating of 3 out of 10 to JBTM. 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.
JBTM has a poor technical rating and the quality of the setup is also not perfect 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
122.71
We found 2 important support areas.
- A support zone ranging from 126.09 to 126.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @123.95 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- 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) | UP | POSITIVE | The current price of JBTM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of JBTM is below a declining 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) | 47.78 | NEUTRAL | The RSI value for JBTM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.8 | POSITIVE | The MACD value suggests JBTM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.13 | NEUTRAL | The Stochastics value for JBTM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.23 | MEDIUM VOLATILITY | The ATR as a percentage value for JBTM suggests some volalility. |
| Average Directional Index/ADX (14) | 21.66 | NEUTRAL | The ADX value for JBTM suggests a possible start of a new trend. |
134.7
-2.83 (-2.06%)
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 47.781. 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 0.801138, 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 126.62 and a resistance level at 145.64. Check the full technical report for our detailed analysis of JBTM support and resistance levels.