Taking everything into account, JJSF scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. JJSF was also a bad performer in the overall market in the last year.
JJSF has a bad technical rating, but it does show a decent setup pattern. 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 resistance zone just above the current price starting at 91.56. Right above this resistance zone may be a good entry point.
81.02
We found 1 important support area.
When analyzing the resistance we notice 3 important areas.
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 | UP | POSITIVE | The short term trend for JJSF is up. |
| ChartMill Relative Strength | 9.91 | NEGATIVE | JJSF has a low relative strength, it was outperformed by 90.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JJSF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of JJSF is above 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) | 52.92 | NEUTRAL | The RSI value for JJSF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.63 | POSITIVE | The MACD value suggests JJSF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.79 | OVERBOUGHT | The high Stochastics value suggests JJSF may be overbought. |
| Average True Range in percent/ATR (20) | 3.09 | MEDIUM VOLATILITY | The ATR as a percentage value for JJSF suggests some volalility. |
| Average Directional Index/ADX (14) | 25.56 | POSITIVE | The high ADX value value for JJSF suggests a strong trend. |
90.97
-0.23 (-0.25%)
ChartMill assigns a technical rating of 2 / 10 to JJSF.
The current trend direction for J & J SNACK FOODS CORP (JJSF) is Bearish.
J & J SNACK FOODS CORP (JJSF) has an RSI value of 52.9235. This indicates that the stock is currently neutral.
The MACD indicator for J & J SNACK FOODS CORP (JJSF) has a value of 0.626084, indicating a bearish trend.
J & J SNACK FOODS CORP (JJSF) has a support level at 81.84 and a resistance level at 91.56. Check the full technical report for our detailed analysis of JJSF support and resistance levels.