J.B. HUNT TRANSPORT SERVICES
J.B. HUNT TRANSPORT SERVICES
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: JBHT
ISIN:

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

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Bastien Huneau. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

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.

Central Gaps

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:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

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:

Central Indicators

MACD indicator: bearish divergence

Type : Bearish

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

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:

Central Patterns

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:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
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
Standard114.25115.35116.52117.62118.80119.90121.07
Camarilla117.07117.28117.49117.70117.91118.12118.33
Woodie114.29115.37116.56117.64118.84119.92121.11
Fibonacci115.35116.22116.75117.62118.49119.03119.90


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard111.99113.26115.01116.28118.02119.29121.04
Camarilla115.92116.20116.47116.75117.03117.30117.58
Woodie112.23113.38115.24116.40118.26119.41121.27
Fibonacci113.26114.42115.13116.28117.43118.14119.29


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard94.68100.12105.38110.82116.08121.52126.78
Camarilla107.71108.69109.67110.65111.63112.61113.59
Woodie94.60100.08105.30110.78116.00121.48126.70
Fibonacci100.12104.20106.73110.82114.90117.43121.52

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%

This member declared not having a position on this financial instrument or a related financial instrument.

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