J.B. HUNT TRANSPORT SERVICES

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	JBHT
ISIN:

J.B. HUNT TRANSPORT SERVICES - 1H - Technical analysis published on 06/12/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

11%

44%

My opinion

Bullish above 159.31 USD

My targets

164.27 USD (+2.37%)

166.95 USD (+4.04%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on J.B. HUNT TRANSPORT SERVICES. As long as you are above the support located at 159.31 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 164.27 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 166.95 USD as an objective. Crossing it would then enable buyers to target 169.01 USD. If the support 159.31 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

Technical indicators are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

Force

1.8

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The J.B. HUNT TRANSPORT SERVICES rating is 160.47 USD. The price is lower by -0.11% since the last closing and was traded between 159.88 USD and 164.35 USD over the period. The price is currently at +0.37% from its lowest and -2.36% from its highest.

159.88

164.35

160.47

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this J.B. HUNT TRANSPORT SERVICES chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals several bearish signals that could impact this trend:

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

In fact, according to the parameters integrated into the Central Analyzer system, only 8 technical indicators out of 18 analysed are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near support of channel

Type : Bullish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	155.43	157.28	159.31	160.47	164.27	166.95	169.01
Change (%)	-3.14%	-1.99%	-0.72%	-	+2.37%	+4.04%	+5.32%
Change	-5.04	-3.19	-1.16	-	+3.80	+6.48	+8.54
Level	Minor	Minor	Intermediate	-	Major	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	157.06	158.20	159.42	160.56	161.78	162.92	164.14
Camarilla	159.99	160.21	160.42	160.64	160.86	161.07	161.29
Woodie	157.10	158.22	159.46	160.58	161.82	162.94	164.18
Fibonacci	158.20	159.10	159.66	160.56	161.46	162.02	162.92

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	150.58	153.85	156.91	160.18	163.24	166.51	169.57
Camarilla	158.22	158.80	159.38	159.96	160.54	161.12	161.70
Woodie	150.47	153.80	156.80	160.13	163.13	166.46	169.46
Fibonacci	153.85	156.27	157.77	160.18	162.60	164.10	166.51

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	134.27	144.18	152.47	162.38	170.67	180.58	188.87
Camarilla	155.75	157.41	159.08	160.75	162.42	164.09	165.76
Woodie	133.45	143.78	151.65	161.98	169.85	180.18	188.05
Fibonacci	144.18	151.14	155.43	162.38	169.34	173.63	180.58

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):	49.13
MACD (12,26,9):	0.3800
Directional Movement:	-0.76
AROON (14):	50.00
DEMA (21):	161.66
Parabolic SAR (0,02-0,02-0,2):	164.27
Elder Ray (13):	-0.72
Super Trend (3,10):	159.83
Zig ZAG (10):	160.69
VORTEX (21):	0.9500
Stochastique (14,3,5):	30.37
TEMA (21):	161.49
Williams %R (14):	-84.48
Chande Momentum Oscillator (20):	-1.14
Repulse (5,40,3):	-1.2100
ROCnROLL:	2
TRIX (15,9):	0.0400
Courbe Coppock:	0.54

MA7:	159.89
MA20:	160.50
MA50:	168.59
MA100:	185.89
MAexp7:	161.13
MAexp20:	161.11
MAexp50:	160.39
MAexp100:	160.41
Price / MA7:	+0.36%
Price / MA20:	-0.02%
Price / MA50:	-4.82%
Price / MA100:	-13.67%
Price / MAexp7:	-0.41%
Price / MAexp20:	-0.40%
Price / MAexp50:	+0.05%
Price / MAexp100:	+0.04%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The last news published on J.B. HUNT TRANSPORT SERVICES at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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