JOBY AVIATION INC (JOBY) Technical Analysis
NYSE:JOBY • KYG651631007
Current stock price
JOBY Technical Rating and Analysis
Overall JOBY gets a technical rating of 1 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 75% of all other stocks performed better in the past year than JOBY.
- JOBY 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.
- JOBY has an average volume of 22692400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- JOBY is an average performer in the Passenger Airlines industry, it outperforms 42% of 22 stocks in the same industry.
- In the last month JOBY has a been trading in the 7.75 - 9.89 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
JOBY Weekly and Daily overview Charts
JOBY Setup Rating and Analysis
JOBY has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.
More info and screens
JOBY Support and Resistance Analysis
8.01
When analyzing the support we can see 2 important areas.
- Support @8.31 from a trend line in the weekly time frame.
- Support @8.09 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 8.91 to 8.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 9.23 to 9.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.41 from a trend line in the daily time frame.
- Resistance @12.79 from a trend line in the weekly time frame.
JOBY 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 JOBY is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for JOBY is neutral. |
| ChartMill Relative Strength | 25.39 | NEGATIVE | JOBY has a low relative strength, it was outperformed by 74.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of JOBY is below the rising 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) | DOWN | NEGATIVE | The current price of JOBY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.7 | NEUTRAL | The RSI value for JOBY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests JOBY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 37.68 | NEUTRAL | The Stochastics value for JOBY is a neutral value. |
| Average True Range in percent/ATR (20) | 6.06 | HIGH VOLATILITY | The high ATR as a percentage value for JOBY suggests high volalility. |
| Average Directional Index/ADX (14) | 16.75 | NEGATIVE | The low ADX value for JOBY suggests a weak or negative trend. |
JOBY Chart- and CandleStick Pattern Analysis
JOBY Technicals: Chart, Performance Metrics, Trend & Indicators
8.5
+0.01 (+0.12%)
JOBY AVIATION INC / JOBY TA FAQ
What is the technical rating for JOBY stock?
ChartMill assigns a technical rating of 1 / 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 AVIATION INC (JOBY) stock?
JOBY AVIATION INC (JOBY) has an RSI value of 41.7035. This indicates that the stock is currently neutral.
What is the support and resistance level for JOBY stock?
JOBY AVIATION INC (JOBY) has a support level at 8.31 and a resistance level at 8.91. Check the full technical report for our detailed analysis of JOBY support and resistance levels.