JOHN BEAN TECHNOLOGIES - Daily - Technical analysis published on 12/13/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
JOHN BEAN TECHNOLOGIES Chart
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 109.02 USD
My targets
120.01 USD (+4.85%)
123.30 USD (+7.72%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on JOHN BEAN TECHNOLOGIES as long as the price remains well above 109.02 USD. The buyers” bullish objective is set at 120.01 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 123.30 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
7.9
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This analysis was given by Vincent Launay.
Additional analysis
Quotes
The JOHN BEAN TECHNOLOGIES rating is 114.46 USD. The price has increased by +2.81% since the last closing and was traded between 110.45 USD and 114.90 USD over the period. The price is currently at +3.63% from its lowest and -0.38% from its highest.110.45
114.90
114.46
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this Daily chart of JOHN BEAN TECHNOLOGIES indicates that the overall trend is strongly bullish. 82.14% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : Daily
Moving Average bullish crossovers : MA50 & MA100
Type : Bullish
Timeframe : Daily
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
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 : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 94.23 | 102.91 | 109.02 | 114.46 | 114.68 | 120.01 | 123.30 |
| Change (%) | -17.67% | -10.09% | -4.75% | - | +0.19% | +4.85% | +7.72% |
| Change | -20.23 | -11.55 | -5.44 | - | +0.22 | +5.55 | +8.84 |
| Level | Minor | Major | Minor | - | Major | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 105.30 | 106.78 | 109.01 | 110.48 | 112.71 | 114.19 | 116.42 |
| Camarilla | 110.21 | 110.55 | 110.89 | 111.23 | 111.57 | 111.91 | 112.25 |
| Woodie | 105.67 | 106.96 | 109.38 | 110.67 | 113.09 | 114.38 | 116.79 |
| Fibonacci | 106.78 | 108.19 | 109.07 | 110.48 | 111.90 | 112.77 | 114.19 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 98.36 | 101.60 | 106.18 | 109.41 | 113.99 | 117.23 | 121.80 |
| Camarilla | 108.61 | 109.32 | 110.04 | 110.75 | 111.47 | 112.19 | 112.90 |
| Woodie | 99.03 | 101.94 | 106.85 | 109.75 | 114.66 | 117.56 | 122.47 |
| Fibonacci | 101.60 | 104.59 | 106.43 | 109.41 | 112.40 | 114.24 | 117.23 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 93.48 | 97.92 | 103.64 | 108.08 | 113.80 | 118.24 | 123.96 |
| Camarilla | 106.56 | 107.49 | 108.42 | 109.35 | 110.29 | 111.22 | 112.15 |
| Woodie | 94.11 | 98.24 | 104.27 | 108.40 | 114.44 | 118.56 | 124.60 |
| Fibonacci | 97.92 | 101.80 | 104.20 | 108.08 | 111.96 | 114.36 | 118.24 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 63.22 | |
| MACD (12,26,9): | 1.3400 | |
| Directional Movement: | 15.26 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 110.39 | |
| Parabolic SAR (0,02-0,02-0,2): | 106.58 | |
| Elder Ray (13): | 3.19 | |
| Super Trend (3,10): | 103.75 | |
| Zig ZAG (10): | 114.46 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 80.72 | |
| TEMA (21): | 110.96 | |
| Williams %R (14): | -4.36 | |
| Chande Momentum Oscillator (20): | 5.55 | |
| Repulse (5,40,3): | 5.3500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1200 | |
| Courbe Coppock: | 7.94 |
| MA7: | 110.00 | |
| MA20: | 107.90 | |
| MA50: | 105.88 | |
| MA100: | 105.76 | |
| MAexp7: | 110.54 | |
| MAexp20: | 108.76 | |
| MAexp50: | 107.16 | |
| MAexp100: | 106.30 | |
| Price / MA7: | +4.05% | |
| Price / MA20: | +6.08% | |
| Price / MA50: | +8.10% | |
| Price / MA100: | +8.23% | |
| Price / MAexp7: | +3.55% | |
| Price / MAexp20: | +5.24% | |
| Price / MAexp50: | +6.81% | |
| Price / MAexp100: | +7.68% |
News
Don"t forget to follow the news on JOHN BEAN TECHNOLOGIES. At the time of publication of this analysis, the latest news was as follows:
- John Bean Technologies Corporation to Host Earnings Call
- John Bean Technologies Corporation to Host Earnings Cal
- John Bean Technologies Corporation Prices Public Offering of Common Stock
- John Bean Technologies Corporation Announces Public Offering of 2,000,000 Shares of Common Stock
-
John Bean Technologies
This member declared not having a position on this financial instrument or a related financial instrument.
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