JABIL INC (JBL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:JBL - US4663131039 - Common Stock
Taking everything into account, JBL scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, JBL has proven to be a steady performer, scoring decent points in every aspect analyzed.
JBL has an excellent technical rating, but the quality of the setup is only medium 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.
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133.78
When analyzing the support we can see 6 important areas.
- A support zone ranging from 223.38 to 226.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 211.49 to 216.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @206.38 from a trend line in the weekly time frame.
- Support @202.00 from a trend line in the daily time frame.
- A support zone ranging from 193.98 to 193.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @135.13 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @226.63 from a horizontal line in the weekly time frame.
- Resistance @230.38 from a horizontal line in the daily time frame.
- Resistance @234.46 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 | UP | POSITIVE | The long term trend for JBL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JBL is up. |
| ChartMill Relative Strength | 87.96 | POSITIVE | JBL has a high relative strength, it outperformed 87.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JBL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JBL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JBL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.14 | NEUTRAL | The RSI value for JBL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests JBL has a positive trend. |
| Stochastics (14,3) | 48.36 | NEUTRAL | The Stochastics value for JBL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.11 | MEDIUM VOLATILITY | The ATR as a percentage value for JBL suggests some volalility. |
| Average Directional Index/ADX (14) | 21.55 | NEUTRAL | The ADX value for JBL suggests a possible start of a new trend. |
226.62
+9.58 (+4.41%)
JABIL INC / JBL FAQ
What is the technical rating for JBL stock?
ChartMill assigns a technical rating of 10 / 10 to JBL.
Can you provide the trend direction for JABIL INC?
The current trend direction for JABIL INC (JBL) is Bullish.
What is the RSI signal for JABIL INC (JBL) stock?
JABIL INC (JBL) has an RSI value of 59.1441. This indicates that the stock is currently neutral.
What is the MACD signal for JABIL INC (JBL) stock?
The MACD indicator for JABIL INC (JBL) has a value of 0.0547339, indicating a bearish trend.
Can you provide the support and resistance levels for JABIL INC?
JABIL INC (JBL) has a support level at 226.01 and a resistance level at 226.63. Check the full technical report for our detailed analysis of JBL support and resistance levels.