JACK IN THE BOX INC. - Daily - Technical analysis published on 01/22/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Neutral
Technical indicators
83%
6%
11%
My opinion
Bullish above 80.45 USD
My targets
84.73 USD (+3.72%)
86.67 USD (+6.10%)
My analysis
The current short-term bullish acceleration on JACK IN THE BOX INC. should quickly allow the basic trend to return to bullish. To avoid contradicting the short term, traders may prefer long positions (at the time of purchase) as long as the price remains well above 80.45 USD. Short-term buyers will use the resistance located at 84.73 USD as an objective. A bullish break in this resistance would boost the bullish momentum. The next bullish objective would then be set at 86.67 USD. Crossing this resistance would then open the door for buyers to target 90.02 USD. Caution, if there is a return to under 80.45 USD, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend sellers, many of whom will certainly benefit from this movement.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
4.3
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The JACK IN THE BOX INC. rating is 81.69 USD. On the day, this instrument gained +0.98% and was between 79.97 USD and 81.77 USD. This implies that the price is at +2.15% from its lowest and at -0.10% from its highest.79.97
81.77
81.69
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this JACK IN THE BOX INC. chart shows a neutral trend. This indecision could turn into a bullish trend due to the strong bullish signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish harami
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 75.23 | 78.27 | 80.45 | 81.69 | 84.73 | 86.67 | 90.02 |
Change (%) | -7.91% | -4.19% | -1.52% | - | +3.72% | +6.10% | +10.20% |
Change | -6.46 | -3.42 | -1.24 | - | +3.04 | +4.98 | +8.33 |
Level | Minor | Major | Intermediate | - | Intermediate | Intermediate | Minor |
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 | 78.98 | 79.57 | 80.23 | 80.82 | 81.48 | 82.07 | 82.73 |
Camarilla | 80.56 | 80.67 | 80.79 | 80.90 | 81.02 | 81.13 | 81.24 |
Woodie | 79.03 | 79.59 | 80.28 | 80.84 | 81.53 | 82.09 | 82.78 |
Fibonacci | 79.57 | 80.04 | 80.34 | 80.82 | 81.29 | 81.59 | 82.07 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 74.88 | 76.43 | 78.66 | 80.21 | 82.44 | 83.99 | 86.22 |
Camarilla | 79.86 | 80.21 | 80.55 | 80.90 | 81.25 | 81.59 | 81.94 |
Woodie | 75.23 | 76.60 | 79.01 | 80.38 | 82.79 | 84.16 | 86.57 |
Fibonacci | 76.43 | 77.87 | 78.76 | 80.21 | 81.65 | 82.54 | 83.99 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 69.50 | 72.33 | 75.18 | 78.01 | 80.86 | 83.69 | 86.54 |
Camarilla | 76.47 | 76.99 | 77.51 | 78.03 | 78.55 | 79.07 | 79.59 |
Woodie | 69.51 | 72.34 | 75.19 | 78.02 | 80.87 | 83.70 | 86.55 |
Fibonacci | 72.33 | 74.50 | 75.84 | 78.01 | 80.18 | 81.52 | 83.69 |
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): | 62.87 | |
MACD (12,26,9): | 0.4500 | |
Directional Movement: | 8.64 | |
AROON (14): | 100.00 | |
DEMA (21): | 79.77 | |
Parabolic SAR (0,02-0,02-0,2): | 79.04 | |
Elder Ray (13): | 1.07 | |
Super Trend (3,10): | 76.34 | |
Zig ZAG (10): | 81.69 | |
VORTEX (21): | 1.1400 | |
Stochastique (14,3,5): | 86.14 | |
TEMA (21): | 80.96 | |
Williams %R (14): | -1.82 | |
Chande Momentum Oscillator (20): | 2.26 | |
Repulse (5,40,3): | 2.7800 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0000 | |
Courbe Coppock: | 6.47 |
MA7: | 80.08 | |
MA20: | 78.97 | |
MA50: | 79.80 | |
MA100: | 83.69 | |
MAexp7: | 80.43 | |
MAexp20: | 79.47 | |
MAexp50: | 80.19 | |
MAexp100: | 81.44 | |
Price / MA7: | +2.01% | |
Price / MA20: | +3.44% | |
Price / MA50: | +2.37% | |
Price / MA100: | -2.39% | |
Price / MAexp7: | +1.57% | |
Price / MAexp20: | +2.79% | |
Price / MAexp50: | +1.87% | |
Price / MAexp100: | +0.31% |
News
Don"t forget to follow the news on JACK IN THE BOX INC.. At the time of publication of this analysis, the latest news was as follows:
- Jack in the Box Inc. Promotes Three Executives Across the Board
- Jack in the Box Inc. Board of Directors Announces Initiation of Succession Planning Process for Chairman and CEO Lenny Comma
- Jack in the Box Inc. Announces Planned Officer Departures
- Burger King And Wendy's Slam Jack In The Box After Kim K Tweets Complaint
- Jack in the Box® Transforms 'On-the-Go' Dining with Cognizant
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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