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Archive
- 11/8/2024 -
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J. B. Hunt (JBHT) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was a second consecutive positive week for the J. B. Hunt (JBHT). During the week, the JBHT gained 11.00 points, or 6.08%, and closed at 192.00 on Friday, November 8, 2024. Weekly volume was 17% above 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 downtrend resistance line (162.85) 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 JBHT medium-term trend chart]
A medium-term uptrend had started on June 14, 2024 at 153.15 and reached 196.70 on November 6, 2024. JBHT gained -43.55 points, or -28.44%, in 20 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (165.35) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 medium-term trend.
 Weekly Technical Indicators: [See JBHT weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. 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 Williams' Percentage Range help.
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 uptrend had started on October 17, 2024 at 172.30 and reached 196.70 on November 6, 2024. JBHT gained -24.40 points, or -14.16%, in 20 days. The price is now at the 19.26% retracement level.
 Daily Technical Indicators: [See JBHT daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since October 11, 2024. This is an indication that the short-term trend is up.
The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. 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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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Industrials |
10 |
| Industry |
Trucking |
90 |
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| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
172.30 |
| Low Date |
10/17/2024 |
| High |
196.70 |
| High Date |
11/06/2024 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
172.30 |
| Low Date |
10/17/2024 |
| High |
196.70 |
| High Date |
11/06/2024 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
162.00 |
| Low Date |
10/07/2024 |
| High |
196.70 |
| High Date |
11/06/2024 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Channel |
| Status |
Broken Resistance |
| Resistance |
185.84 |
| Support |
165.35 |
| Low |
153.15 |
| Low Date |
06/14/2024 |
| High |
196.70 |
| High Date |
11/06/2024 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Rising Channel |
| Status |
Broken Resistance |
| Resistance |
183.70 |
| Support |
162.85 |
| High |
219.51 |
| High Date |
02/15/2024 |
| Low |
153.15 |
| Low Date |
06/14/2024 |
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