J.B. HUNT TRANSPORT SERVICES - 1H - Technical analysis published on 08/03/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
17%
33%
50%
My opinion
Bullish above 174.40 USD
My targets
180.51 USD (+1.10%)
185.65 USD (+3.98%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 174.40 USD remains possible. It is advisable to trade J.B. HUNT TRANSPORT SERVICES with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 174.40 USD. The next bullish objective for buyers is set at 180.51 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 185.65 USD. If there is any crossing, the next objective would be the resistance located at 200.44 USD. PS: if there is a bearish break in the support located at 174.40 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2
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Additional analysis
Quotes
The J.B. HUNT TRANSPORT SERVICES price is 178.54 USD. The price is lower by -0.09% since the last closing and was between 178.10 USD and 179.98 USD. This implies that the price is at +0.25% from its lowest and at -0.80% from its highest.178.10
179.98
178.54
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this J.B. HUNT TRANSPORT SERVICES chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
On the 18 technical indicators analysed, 3 are bullish, 9 are neutral and 6 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 159.95 | 167.83 | 174.40 | 178.54 | 180.51 | 185.65 | 200.44 |
| Change (%) | -10.41% | -6.00% | -2.32% | - | +1.10% | +3.98% | +12.27% |
| Change | -18.59 | -10.71 | -4.14 | - | +1.97 | +7.11 | +21.90 |
| Level | Intermediate | Major | Intermediate | - | Major | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 173.17 | 175.61 | 177.15 | 179.59 | 181.13 | 183.57 | 185.11 |
| Camarilla | 177.61 | 177.97 | 178.34 | 178.70 | 179.07 | 179.43 | 179.80 |
| Woodie | 172.73 | 175.39 | 176.71 | 179.37 | 180.69 | 183.35 | 184.67 |
| Fibonacci | 175.61 | 177.13 | 178.07 | 179.59 | 181.11 | 182.05 | 183.57 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 154.89 | 160.93 | 172.10 | 178.14 | 189.31 | 195.35 | 206.52 |
| Camarilla | 178.54 | 180.12 | 181.69 | 183.27 | 184.85 | 186.43 | 188.00 |
| Woodie | 157.46 | 162.21 | 174.67 | 179.42 | 191.88 | 196.63 | 209.09 |
| Fibonacci | 160.93 | 167.50 | 171.57 | 178.14 | 184.71 | 188.78 | 195.35 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 136.72 | 146.40 | 164.83 | 174.51 | 192.94 | 202.62 | 221.05 |
| Camarilla | 175.54 | 178.12 | 180.69 | 183.27 | 185.85 | 188.42 | 191.00 |
| Woodie | 141.11 | 148.59 | 169.22 | 176.70 | 197.33 | 204.81 | 225.44 |
| Fibonacci | 146.40 | 157.14 | 163.77 | 174.51 | 185.25 | 191.88 | 202.62 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 47.02 | |
| MACD (12,26,9): | 0.5600 | |
| Directional Movement: | -1.11 | |
| AROON (14): | -57.15 | |
| DEMA (21): | 180.52 | |
| Parabolic SAR (0,02-0,02-0,2): | 180.86 | |
| Elder Ray (13): | -0.48 | |
| Super Trend (3,10): | 182.79 | |
| Zig ZAG (10): | 178.49 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 16.04 | |
| TEMA (21): | 179.68 | |
| Williams %R (14): | -92.05 | |
| Chande Momentum Oscillator (20): | -3.24 | |
| Repulse (5,40,3): | -1.6300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1100 | |
| Courbe Coppock: | 3.11 |
| MA7: | 177.50 | |
| MA20: | 171.65 | |
| MA50: | 167.58 | |
| MA100: | 175.13 | |
| MAexp7: | 179.22 | |
| MAexp20: | 179.35 | |
| MAexp50: | 177.03 | |
| MAexp100: | 173.68 | |
| Price / MA7: | +0.59% | |
| Price / MA20: | +4.01% | |
| Price / MA50: | +6.54% | |
| Price / MA100: | +1.95% | |
| Price / MAexp7: | -0.38% | |
| Price / MAexp20: | -0.45% | |
| Price / MAexp50: | +0.85% | |
| Price / MAexp100: | +2.80% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The last news published on J.B. HUNT TRANSPORT SERVICES at the time of the generation of this analysis was as follows:
- J.B. Hunt Transport Services, Inc. Announces Additional $500-Million Share Repurchase Authorization
- J.B. Hunt Transport Services, Inc. Announces Quarterly Dividend
- J.B. Hunt Announces Shelley Simpson as President
- J.B. Hunt Transport Services, Inc. Reports U.S. GAAP Revenues, Net Earnings and Earnings Per Share for the Second Quarter 2022
- J.B. Hunt Launches Southern California Transload Service
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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