JOBY AVIATION INC (JOBY) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:JOBY • KYG651631007
Overall JOBY gets a technical rating of 0 out of 10. JOBY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 61% of all other stocks performed better in the past year than JOBY.
- JOBY is part of the Passenger Airlines industry. There are 22 other stocks in this industry, of which 71% are performing better than JOBY.
- In the last month JOBY has a been trading in the 9.30 - 16.01 range, which is quite wide. It is currently trading near the lows of this range.
- JOBY has an average volume of 24918900 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 currently trading near new highs, so JOBY is lagging the market.
The technical rating of JOBY is bad and it also does not present a quality setup 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
9.36
When analyzing the support we notice one important area.
- A support zone ranging from 9.45 to 9.51. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @14.68 from a trend line in the weekly time frame.
- Resistance @15.05 from a trend line in the daily time frame.
- Resistance @15.73 from a trend line in the daily time frame.
- Resistance @16.35 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 | DOWN | NEGATIVE | The long term trend for JOBY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for JOBY is down. |
| ChartMill Relative Strength | 39.34 | NEUTRAL | JOBY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of JOBY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of JOBY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of JOBY is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 33.05 | NEUTRAL | The RSI value for JOBY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests JOBY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.25 | OVERSOLD | The low Stochastics value suggests JOBY may be oversold. |
| Average True Range in percent/ATR (20) | 9.41 | HIGH VOLATILITY | The high ATR as a percentage value for JOBY suggests high volalility. |
| Average Directional Index/ADX (14) | 30.09 | POSITIVE | The high ADX value value for JOBY suggests a strong trend. |
10.1
-0.13 (-1.27%)
JOBY AVIATION INC / JOBY FAQ
What is the technical rating for JOBY stock?
ChartMill assigns a technical rating of 0 / 10 to JOBY.
What is the current trend direction of JOBY AVIATION INC (JOBY) stock?
The current trend direction for JOBY AVIATION INC (JOBY) is Bearish.
What is the RSI signal for JOBY stock?
JOBY AVIATION INC (JOBY) has an RSI value of 33.0454. This indicates that the stock is currently neutral.
What is the MACD signal for JOBY AVIATION INC (JOBY) stock?
The MACD indicator for JOBY AVIATION INC (JOBY) has a value of -0.24141, indicating a bearish trend.
Can you provide the support and resistance levels for JOBY AVIATION INC?
JOBY AVIATION INC (JOBY) has a support level at 9.51 and a resistance level at 14.68. Check the full technical report for our detailed analysis of JOBY support and resistance levels.