Learn to Evaluate J.b. Hunt Transport ($JBHT) using the Charts
October 17, 2023, 09:45 am ET, BY Jeff W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for JBHT
- Buy JBHT slightly over 188.94 target 202.20 stop loss @ 188.39 Details
The technical summary data tells us to buy JBHT near 188.94 with an upside target of 202.20. This data also tells us to set a stop loss @ 188.39 to protect against excessive loss in case the stock begins to move against the trade. 188.94 is the first level of support below 197.3 , and by rule, any test of support is a buy signal. In this case, support 188.94 is being tested, a buy signal would exist.
- Short JBHT slightly under 202.20, target 188.94, stop loss @ 202.78 Details
The technical summary data is suggesting a short of JBHT as it gets near 202.20 with a downside target of 188.94. We should have a stop loss in place at 202.78though. 202.20 is the first level of resistance above 197.3, and by rule, any test of resistance is a short signal. In this case, if resistance 202.20 is being tested, a short signal would exist.
Swing Trading Plans for JBHT
- Buy JBHT slightly over 202.20, target n/a, Stop Loss @ 201.62 Details
If 202.20 begins to break higher, the technical summary data tells us to buy JBHT just slightly over 202.20, with an upside target of n/a. The data also tells us to set a stop loss @ 201.62 in case the stock turns against the trade. 202.20 is the first level of resistance above 197.3, and by rule, any break above resistance is a buy signal. In this case, 202.20, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short JBHT slightly near 202.20, target 196.39, Stop Loss @ 202.78. Details
The technical summary data is suggesting a short of JBHT if it tests 202.20 with a downside target of 196.39. We should have a stop loss in place at 202.78 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 202.20, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for JBHT
- Buy JBHT slightly over 197.33, target 202.20, Stop Loss @ 196.87 Details
If 197.33 begins to break higher, the technical summary data tells us to buy JBHT just slightly over 197.33, with an upside target of 202.20. The data also tells us to set a stop loss @ 196.87 in case the stock turns against the trade. 197.33 is the first level of resistance above 197.3, and by rule, any break above resistance is a buy signal. In this case, 197.33, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short JBHT slightly near 197.33, target 196.39, Stop Loss @ 197.79. Details
The technical summary data is suggesting a short of JBHT if it tests 197.33 with a downside target of 196.39. We should have a stop loss in place at 197.79 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 197.33, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for J.b. Hunt Transport (JBHT) available here: JBHT.
JBHT Ratings for October 17:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Neutral |
Neutral |
| P1 |
0 |
0 |
176.59 |
| P2 |
193.97 |
192.15 |
188.94 |
| P3 |
197.33 |
196.39 |
202.20 |
AI Generated Signals for JBHT
Blue = Current Price
Red= Resistance
Green = Support
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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The J.b. Hunt Transport (NASDAQ: JBHT) report below can help you understand how to do this. The trading plans for JBHT, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for JBHT:
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