John B. Sanfilippo & Son Technical Analysis (NASDAQ:JBSS)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The JBSS stock chart pattern can give those who understand technical analysis an indication of which way JBSS stock is headed, but cannot predict with 100% certainty as to what can happen to the John B. Sanfilippo & Son stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for John B. Sanfilippo & Son. Technical analysis uses an approach for John B. Sanfilippo & Son stock analysis that does not care for the fair value of a company but uses price and volume data only.
John B. Sanfilippo & Son Moving Average
Moving averages show the average price of JBSS stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $58.66 is below the price of $58.87.
John B. Sanfilippo & Son Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the JBSS stock. The stock price is trading between the average and the upper band in the context of John B. Sanfilippo & Son bollinger bands.
John B. Sanfilippo & Son Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The John B. Sanfilippo & Son MACD indicator can be used to identify bullish and bearish trends for the stock.
John B. Sanfilippo & Son Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of JBSS stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.