JOBY AVIATION INC (JOBY) Stock Technical Analysis
NYSE:JOBY - New York Stock Exchange, Inc. - KYG651631007 - Common Stock - Currency: USD
Taking everything into account, JOBY scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, JOBY is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that JOBY is one of the better performing stocks in the market, outperforming 94% of all stocks.
JOBY is one of the better performing stocks in the Passenger Airlines industry, it outperforms 95% of 22 stocks in the same industry.
JOBY has an average volume of 19494400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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 6.42 - 10.28 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
9.88
When analyzing the support we can see 4 important areas.
- A support zone ranging from 8.53 to 8.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 5.58 to 5.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.24 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.
- A resistance zone ranging from 9.59 to 9.78. 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 JOBY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JOBY is up. |
| ChartMill Relative Strength | 94.04 | POSITIVE | JOBY has a high relative strength, it outperformed 94.04% 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) | 54.88 | NEUTRAL | The RSI value for JOBY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests JOBY has a negative trend. |
| Stochastics (14,3) | 45.56 | NEUTRAL | The Stochastics value for JOBY is a neutral value. |
| Average True Range in percent/ATR (20) | 8.13 | HIGH VOLATILITY | The high ATR as a percentage value for JOBY suggests high volalility. |
| Average Directional Index/ADX (14) | 29.06 | 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)
8.54
-0.3 (-3.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg-3.39%
1 Week-3.72%
2 Weeks12.96%
1 Month28.81%
3 Month28.61%
6 Month11.05%
12 Month64.55%
2 Year-16.76%
3 Year73.93%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.67
ATR(20)%8.13%
ATR Inc-31.74%
Range Today0.48
ADR(20)0.56
ADR(20)%6.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.04
Mansfield2.44
10 Day High10.28
10 Day Low7.7
20 Day High10.28
20 Day Low6.42
52 Week High10.72
52 Week Low4.66
CS1 End8.53
CR1 Start9.59
Volume & EV
DER(3)-1.98%
DER(5)0%
Volume20.24M
Volume Incr-22.91%
Vol(5)21.79M
Vol(50)19.49M