JOBY AVIATION INC (JOBY) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:JOBY - KYG651631007 - Common Stock
Taking everything into account, JOBY scores 2 out of 10 in our technical rating. Although JOBY is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, JOBY does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 14.44. Right above this resistance zone may be a good entry point.
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12.90
When analyzing the support we can see 2 important areas.
- Support @13.34 from a trend line in the daily time frame.
- A support zone ranging from 13.03 to 13.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 14.44 to 14.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.99 from a trend line in the daily time frame.
- Resistance @18.10 from a horizontal line in the weekly time frame.
- Resistance @18.84 from a trend 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 | DOWN | NEGATIVE | The short term trend for JOBY is down. |
| ChartMill Relative Strength | 88.63 | POSITIVE | JOBY has a high relative strength, it outperformed 88.63% off all stocks 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 | POSITIVE | The current price of JOBY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.16 | NEUTRAL | The RSI value for JOBY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests JOBY has a negative trend. |
| Stochastics (14,3) | 37.63 | NEUTRAL | The Stochastics value for JOBY is a neutral value. |
| Average True Range in percent/ATR (20) | 8.21 | HIGH VOLATILITY | The high ATR as a percentage value for JOBY suggests high volalility. |
| Average Directional Index/ADX (14) | 16.21 | NEGATIVE | The low ADX value for JOBY suggests a weak or negative trend. |
13.47
-0.96 (-6.65%)
JOBY AVIATION INC / JOBY FAQ
What is the technical rating for JOBY stock?
ChartMill assigns a technical rating of 2 / 10 to JOBY.
Can you provide the trend direction for JOBY AVIATION INC?
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 41.1557. This indicates that the stock is currently neutral.
What is the short term momentum for JOBY AVIATION INC (JOBY) stock?
The short term momentum for JOBY AVIATION INC (JOBY) is negative.
What is the support and resistance level for JOBY stock?
JOBY AVIATION INC (JOBY) has a support level at 13.34 and a resistance level at 14.44. Check the full technical report for our detailed analysis of JOBY support and resistance levels.