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Downtrend Broken Resist.Archive - 6/20/2025 - Sign In to see current Signals. |
Jacobs Eng (J) Technical Analysis
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| Summary:
| | Weekly :    | | Daily :   Move cursor over the icon to see details.
| | It was a first positive week for the Jacobs Eng (J). During the week, the J gained 1.44 points, or 1.14%, and closed at 127.33 on Friday, June 20, 2025. Weekly volume was 19% above average. J 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 J long-term trend chart] A long-term downtrend had started on September 27, 2024 at 156.31 and reached 106.20 on April 7, 2025. J lost 50.11 points, or 32.06%, in 27 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (97.12) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See J medium-term trend chart] A medium-term uptrend had started on April 7, 2025 at 106.20 and reached 130.38 on June 16, 2025. J gained -24.18 points, or -22.77%, in 10 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (130.22) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
Weekly Technical Indicators: [See J weekly technical indicators chart] Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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 weekly MACD line is above its signal line since May 9, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.
Short-term trend: [See J short-term trend chart] A short-term downtrend had started on June 16, 2025 at 130.38 and reached 126.37 on June 20, 2025. J lost 4.01 points, or 3.08%, in 4 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See J daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since June 17, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands is falling, and it was 4.05% on Friday. It is 57.53% lower than one year average. It indicates the period of low volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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