The next move in a stock's price is often identifiable in advance. This J.b. Hunt Transport (NASDAQ: JBHT) report attempts to do that, and in the process help investors learn how price acton can be revealing. Trading plans for JBHT make these observations actionable, but the data on this page is not real time. If you want a real time update, or a different stock, please get one here Unlimited Real Time Reports .
Technical Summary
Term ? | Near | Mid | Long |
---|---|---|---|
Bias | Neutral | Neutral | Strong |
P1 | 0 | 0 | 138.41 |
P2 | 146.00 | 143.84 | 150.76 |
P3 | 149.22 | 148.12 | 162.03 |
Long Term Trading Plans for JBHT
February 27, 2021, 9:45 am ET
The Technical Summary and Trading Plans for JBHT help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this JBHT Report.
JBHT - (Long) Support Plan
The technical summary data tells us to buy JBHT near 138.41 with an upside target of 150.76. This data also tells us to set a stop loss @ 138.01 to protect against excessive loss in case the stock begins to move against the trade. 138.41 is the first level of support below 146.87 , and by rule, any test of support is a buy signal. In this case, support 138.41 would be being tested, so a buy signal would exist.
JBHT - (Short) Resistance Plan
The technical summary data is suggesting a short of JBHT as it gets near 150.76 with a downside target of 138.41. We should have a stop loss in place at 151.2though. 150.76 is the first level of resistance above 146.87, and by rule, any test of resistance is a short signal. In this case, if resistance 150.76 is being tested, so a short signal would exist.