J & J SNACK FOODS CORP (JJSF) Technical Analysis
NASDAQ:JJSF • US4660321096
Current stock price
JJSF Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to JJSF. 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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, JJSF is a bad performer in the overall market: 89% of all stocks are doing better.
- JJSF is one of the lesser performing stocks in the Food Products industry. 62% of 87 stocks in the same industry do better.
- JJSF is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month JJSF has a been trading in the 75.66 - 83.03 range, which is quite wide. It is currently trading near the high of this range.
JJSF Weekly and Daily overview Charts
JJSF Setup Rating and Analysis
JJSF has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 81.98. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 81.39, a Stop Loss order could be placed below this zone.
More info and screens
JJSF Support and Resistance Analysis
79.42
When analyzing the support we notice one important area.
- A support zone ranging from 80.22 to 81.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 81.98 to 83.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @86.53 from a trend line in the weekly time frame.
- Resistance @88.07 from a trend line in the daily time frame.
- Resistance @98.32 from a horizontal line in the daily time frame.
JJSF Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for JJSF is neutral. |
| ChartMill Relative Strength | 11.9 | NEGATIVE | JJSF has a low relative strength, it was outperformed by 88.1% 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 | 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) | 51.7 | NEUTRAL | The RSI value for JJSF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests JJSF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.61 | NEUTRAL | The Stochastics value for JJSF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.82 | MEDIUM VOLATILITY | The ATR as a percentage value for JJSF suggests some volalility. |
| Average Directional Index/ADX (14) | 15.13 | NEGATIVE | The low ADX value for JJSF suggests a weak or negative trend. |
JJSF Chart- and CandleStick Pattern Analysis
JJSF Technicals: Chart, Performance Metrics, Trend & Indicators
81.43
-0.18 (-0.22%)
J & J SNACK FOODS CORP / JJSF TA FAQ
What is the ChartMill technical rating of J & J SNACK FOODS CORP (JJSF) stock?
ChartMill assigns a technical rating of 1 / 10 to JJSF.
Can you provide the trend direction for J & J SNACK FOODS CORP?
The current trend direction for J & J SNACK FOODS CORP (JJSF) is Bearish.
Can you provide the RSI signal for J & J SNACK FOODS CORP?
J & J SNACK FOODS CORP (JJSF) has an RSI value of 51.6984. This indicates that the stock is currently neutral.
What is the support and resistance level for JJSF stock?
J & J SNACK FOODS CORP (JJSF) has a support level at 81.39 and a resistance level at 81.98. Check the full technical report for our detailed analysis of JJSF support and resistance levels.