We assign a technical rating of 2 out of 10 to JBDI. Although JBDI 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.
The technical rating of JBDI 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
0.79
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.88 to 0.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.80 to 0.81. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.93 to 0.93. 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 | DOWN | NEGATIVE | The long term trend for JBDI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for JBDI is down. |
| ChartMill Relative Strength | 74.18 | POSITIVE | JBDI has a high relative strength, it outperformed 74.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of JBDI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of JBDI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of JBDI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.86 | NEUTRAL | The RSI value for JBDI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests JBDI has a positive trend. |
| Stochastics (14,3) | 64.9 | NEUTRAL | The Stochastics value for JBDI is a neutral value. |
| Average True Range in percent/ATR (20) | 9.01 | HIGH VOLATILITY | The high ATR as a percentage value for JBDI suggests high volalility. |
| Average Directional Index/ADX (14) | 42.14 | POSITIVE | The high ADX value value for JBDI suggests a strong trend. |
0.92
+0.09 (+11.26%)
JBDI HOLDINGS LTD / JBDI FAQ
What is the ChartMill technical rating of JBDI HOLDINGS LTD (JBDI) stock?
ChartMill assigns a technical rating of 2 / 10 to JBDI.
What is the current trend direction of JBDI HOLDINGS LTD (JBDI) stock?
The current trend direction for JBDI HOLDINGS LTD (JBDI) is Bearish.
What is the RSI signal for JBDI HOLDINGS LTD (JBDI) stock?
JBDI HOLDINGS LTD (JBDI) has an RSI value of 45.8591. This indicates that the stock is currently neutral.
What is the short term momentum for JBDI HOLDINGS LTD (JBDI) stock?
The short term momentum for JBDI HOLDINGS LTD (JBDI) is negative.
What are the support and resistance levels for JBDI HOLDINGS LTD (JBDI) stock?
JBDI HOLDINGS LTD (JBDI) has a support level at 0.89 and a resistance level at 0.93. Check the full technical report for our detailed analysis of JBDI support and resistance levels.