|
|
|
|
Trucking Industry Stocks Technical Analysis - JBHTArchive
- 11/22/2024 -
Sign In to see current Signals. |
J. B. Hunt (JBHT) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | During the week, the JBHT has not change and closed at 182.40 on Friday, November 22, 2024. Weekly volume was -9% below average.
JBHT is a member of Industrials Sector. Industrials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See JBHT long-term trend chart]
A long-term downtrend had started on February 15, 2024 at 219.51 and reached 153.15 on June 14, 2024. JBHT lost 66.36 points, or 30.23%, in 17 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 163.80 and resistance is at 184.65. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.
Medium-term trend: [See JBHT medium-term trend chart]
A medium-term uptrend had started on June 14, 2024 at 153.15 and reached 200.40 on November 11, 2024. JBHT gained -47.25 points, or -30.85%, in 21 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 166.68 and resistance is at 187.16. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.
 Weekly Technical Indicators: [See JBHT weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since July 19, 2024. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
 Short-term trend: [See JBHT short-term trend chart]
A short-term downtrend had started on November 11, 2024 at 200.40 and reached 178.40 on November 20, 2024. JBHT lost 22.00 points, or 10.98%, in 9 days. The price is now at the 18.18% retracement level.
 Daily Technical Indicators: [See JBHT daily technical indicators chart]
Daily Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.
The daily MACD line is below its signal line since November 14, 2024. This is an indication that the short-term trend is down.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
| |
|
|
|
|
| Daily Oscillators |
|
|
| Weekly Oscillators |
|
|
| Trading
Signals |
|
|
|
| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Industrials |
9 |
| Industry |
Trucking |
76 |
|
| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
178.40 |
| Low Date |
11/20/2024 |
| High |
185.60 |
| High Date |
11/21/2024 |
|
| Weekly Trend |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
|
| Resistance |
|
| Support |
|
| High |
200.40 |
| High Date |
11/11/2024 |
| Low |
178.40 |
| Low Date |
11/20/2024 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
|
| Resistance |
|
| Support |
|
| Low |
162.00 |
| Low Date |
10/07/2024 |
| High |
200.40 |
| High Date |
11/11/2024 |
|
| Quarterly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Channel |
| Status |
Valid |
| Resistance |
187.16 |
| Support |
166.68 |
| Low |
153.15 |
| Low Date |
06/14/2024 |
| High |
200.40 |
| High Date |
11/11/2024 |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Rising Channel |
| Status |
Valid |
| Resistance |
184.65 |
| Support |
163.80 |
| High |
219.51 |
| High Date |
02/15/2024 |
| Low |
153.15 |
| Low Date |
06/14/2024 |
|
|