pool adsJ.B. HUNT TRANSPORT $JBHT Technical Update
The J.B. HUNT TRANSPORT (NASDAQ: JBHT) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for JBHT, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.
Technical Summary
| Term → | Near | Mid | Long |
|---|---|---|---|
| Rating | Weak | Neutral | Neutral |
| P1 | 119.87 | 113.30 | 115.06 |
| P2 | 121.06 | 119.20 | 125.01 |
| P3 | 122.46 | 124.88 | 134.85 |
Support and Resistance Plot Chart for JBHT
Long Term Trading Plans for JBHT
August 15, 2018, 4:45 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
Buy over 115.06 target 125.01 stop loss @ 114.8.
The technical summary data tells us to buy JBHT near 115.06 with an upside target of 125.01. This data also tells us to set a stop loss @ 114.8 to protect against excessive loss in case the stock begins to move against the trade. 115.06 is the first level of support below 121.57 , and by rule, any test of support is a buy signal. In this case, support 115.06 would be being tested, so a buy signal would exist.
JBHT - (Short) Resistance Plan
Short under 125.01 target 115.06 stop loss @ 125.27.
The technical summary data is suggesting a short of JBHT as it gets near 125.01 with a downside target of 115.06. We should have a stop loss in place at 125.27 though. 125.01 is the first level of resistance above 121.57, and by rule, any test of resistance is a short signal. In this case, if resistance 125.01 is being tested, so a short signal would exist.
