JOBY AVIATION INC (JOBY) Stock Technical Analysis
NYSE:JOBY - New York Stock Exchange, Inc. - KYG651631007 - Common Stock - Currency: USD
Overall JOBY gets a technical rating of 7 out of 10. Although JOBY has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
JOBY is one of the better performing stocks in the Passenger Airlines industry, it outperforms 95% of 23 stocks in the same industry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
JOBY has an average volume of 14462900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, JOBY did better than 93% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
JOBY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so JOBY is lagging the market slightly.
In the last month JOBY has a been trading in the 6.18 - 9.18 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although JOBY has an excellent technical rating, it does not present a decent entry opportunity 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
4.82
8.96
We found 3 important support areas.
- A support zone ranging from 5.51 to 5.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.21 from a trend line in the weekly time frame.
- Support @4.87 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @8.87 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for JOBY is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JOBY is up. |
| ChartMill Relative Strength | 93.47 | POSITIVE | JOBY has a high relative strength, it outperformed 93.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JOBY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JOBY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JOBY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.52 | NEUTRAL | The RSI value for JOBY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests JOBY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.08 | NEUTRAL | The Stochastics value for JOBY is a neutral value. |
| Average True Range in percent/ATR (20) | 5.92 | HIGH VOLATILITY | The high ATR as a percentage value for JOBY suggests high volalility. |
| Average Directional Index/ADX (14) | 25.35 | POSITIVE | The high ADX value value for JOBY suggests a strong 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)
7.82
-0.7 (-8.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg-8.22%
1 Week17.77%
2 Weeks9.22%
1 Month23.93%
3 Month11.71%
6 Month-12.63%
12 Month60.57%
2 Year39.15%
3 Year32.54%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%5.92%
ATR Inc69.73%
Range Today0.71
ADR(20)0.36
ADR(20)%4.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.47
Mansfield1.77
10 Day High9.18
10 Day Low6.42
20 Day High9.18
20 Day Low6.18
52 Week High10.72
52 Week Low4.66
CS1 End5.54
CR1 Start8.87
Volume & EV
DER(3)0.95%
DER(5)1.68%
Volume24.71M
Volume Incr219.42%
Vol(5)37.46M
Vol(50)14.46M