J & J SNACK FOODS CORP (JJSF) Stock Technical Analysis
NASDAQ:JJSF • US4660321096
Overall JJSF gets a technical rating of 0 out of 10. JJSF's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, JJSF is a bad performer in the overall market: 86% of all stocks are doing better.
- JJSF is one of the lesser performing stocks in the Food Products industry. 63% of 88 stocks in the same industry do better.
- JJSF is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so JJSF is lagging the market.
- In the last month JJSF has a been trading in the 80.00 - 95.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, JJSF does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 88.09. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 81.84, a Stop Loss order could be placed below this zone.
More info and screens
79.70
We found 2 important support areas.
- A support zone ranging from 81.84 to 81.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @80.50 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 88.09 to 89.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @91.81 from a trend line in the weekly time frame.
- Resistance @93.67 from a trend line in the daily time frame.
- A resistance zone ranging from 97.10 to 98.44. 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 | DOWN | NEGATIVE | The long term trend for JJSF is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for JJSF is down. |
| ChartMill Relative Strength | 14.89 | NEGATIVE | JJSF has a low relative strength, it was outperformed by 85.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of JJSF is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of JJSF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of JJSF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.58 | NEUTRAL | The RSI value for JJSF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.5 | POSITIVE | The MACD value suggests JJSF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.67 | OVERBOUGHT | The high Stochastics value suggests JJSF may be overbought. |
| Average True Range in percent/ATR (20) | 4.39 | MEDIUM VOLATILITY | The ATR as a percentage value for JJSF suggests some volalility. |
| Average Directional Index/ADX (14) | 21.42 | NEUTRAL | The ADX value for JJSF suggests a possible start of a new trend. |
86.38
-0.44 (-0.51%)
J & J SNACK FOODS CORP / JJSF FAQ
What is the ChartMill technical rating of J & J SNACK FOODS CORP (JJSF) stock?
ChartMill assigns a technical rating of 0 / 10 to JJSF.
What is the trend direction for JJSF stock?
The current trend direction for J & J SNACK FOODS CORP (JJSF) is Bearish.
What is the RSI signal for JJSF stock?
J & J SNACK FOODS CORP (JJSF) has an RSI value of 47.5778. This indicates that the stock is currently neutral.
Can you provide the MACD signal for J & J SNACK FOODS CORP?
The MACD indicator for J & J SNACK FOODS CORP (JJSF) has a value of 0.496634, indicating a bearish trend.
Can you provide the support and resistance levels for J & J SNACK FOODS CORP?
J & J SNACK FOODS CORP (JJSF) has a support level at 81.84 and a resistance level at 88.09. Check the full technical report for our detailed analysis of JJSF support and resistance levels.