J.B. HUNT TRANSPORT SERVICES - Daily - Technical analysis published on 11/01/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 113.81 USD
My targets
123.18 USD (+4.78%)
130.82 USD (+11.28%)
My analysis
The bullish trend is currently very strong on J.B. HUNT TRANSPORT SERVICES. As long as the price remains above the support at 113.81 USD, you could try to benefit from the boom. The first bullish objective is located at 123.18 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 130.82 USD as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
8.4
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This analysis was given by Bastien Huneau. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The J.B. HUNT TRANSPORT SERVICES rating is 117.56 USD. On the day, this instrument lost -0.12% and was between 116.00 USD and 117.70 USD. This implies that the price is at +1.34% from its lowest and at -0.12% from its highest.116.00
117.70
117.56
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of J.B. HUNT TRANSPORT SERVICES indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 13 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish harami
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
Price
S3 | S2 | S1 | Price | R1 | R2 | |
---|---|---|---|---|---|---|
ProTrendLines | 100.92 | 106.68 | 113.81 | 117.56 | 123.18 | 130.82 |
Change (%) | -14.15% | -9.25% | -3.19% | - | +4.78% | +11.28% |
Change | -16.64 | -10.88 | -3.75 | - | +5.62 | +13.26 |
Level | Intermediate | Intermediate | Major | - | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 114.25 | 115.35 | 116.52 | 117.62 | 118.80 | 119.90 | 121.07 |
Camarilla | 117.07 | 117.28 | 117.49 | 117.70 | 117.91 | 118.12 | 118.33 |
Woodie | 114.29 | 115.37 | 116.56 | 117.64 | 118.84 | 119.92 | 121.11 |
Fibonacci | 115.35 | 116.22 | 116.75 | 117.62 | 118.49 | 119.03 | 119.90 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 111.99 | 113.26 | 115.01 | 116.28 | 118.02 | 119.29 | 121.04 |
Camarilla | 115.92 | 116.20 | 116.47 | 116.75 | 117.03 | 117.30 | 117.58 |
Woodie | 112.23 | 113.38 | 115.24 | 116.40 | 118.26 | 119.41 | 121.27 |
Fibonacci | 113.26 | 114.42 | 115.13 | 116.28 | 117.43 | 118.14 | 119.29 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 94.68 | 100.12 | 105.38 | 110.82 | 116.08 | 121.52 | 126.78 |
Camarilla | 107.71 | 108.69 | 109.67 | 110.65 | 111.63 | 112.61 | 113.59 |
Woodie | 94.60 | 100.08 | 105.30 | 110.78 | 116.00 | 121.48 | 126.70 |
Fibonacci | 100.12 | 104.20 | 106.73 | 110.82 | 114.90 | 117.43 | 121.52 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
RSI (14): | 62.25 | |
MACD (12,26,9): | 2.1800 | |
Directional Movement: | 11.09 | |
AROON (14): | 71.42 | |
DEMA (21): | 117.48 | |
Parabolic SAR (0,02-0,02-0,2): | 114.13 | |
Elder Ray (13): | 0.95 | |
Super Trend (3,10): | 110.27 | |
Zig ZAG (10): | 117.56 | |
VORTEX (21): | 1.1400 | |
Stochastique (14,3,5): | 88.26 | |
TEMA (21): | 118.08 | |
Williams %R (14): | -16.90 | |
Chande Momentum Oscillator (20): | 5.96 | |
Repulse (5,40,3): | 2.6800 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.2200 | |
Courbe Coppock: | 15.18 |
MA7: | 117.20 | |
MA20: | 113.42 | |
MA50: | 111.49 | |
MA100: | 103.46 | |
MAexp7: | 117.11 | |
MAexp20: | 114.75 | |
MAexp50: | 110.90 | |
MAexp100: | 106.66 | |
Price / MA7: | +0.31% | |
Price / MA20: | +3.65% | |
Price / MA50: | +5.44% | |
Price / MA100: | +13.63% | |
Price / MAexp7: | +0.38% | |
Price / MAexp20: | +2.45% | |
Price / MAexp50: | +6.01% | |
Price / MAexp100: | +10.22% |
News
The latest news and videos published on J.B. HUNT TRANSPORT SERVICES at the time of the analysis were as follows:
- J.B. Hunt Transport Services, Inc. to Participate in Two Upcoming Industrial and Investment Conferences
- J.B. Hunt Transport Services, Inc. Reports Earnings for the Third Quarter 2019 and Schedules Conference Call
- J.B. Hunt Transport Services, Inc. Announces Payment of Dividend
- J.B. Hunt Transport Services, Inc. Announces Third Quarter 2019 Earnings Release Date and Conference Call Information
- J.B. Hunt Transport Services, Inc. to Host Earnings Call
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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