JACOBS SOLUTIONS INC. - Daily - Technical analysis published on 10/25/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 87.89 USD
My targets
93.55 USD (+0.19%)
101.58 USD (+8.79%)
My analysis
The bullish trend is currently very strong on JACOBS ENGINEERING GROUP INC.. As long as the price remains above the support at 87.89 USD, you could try to benefit from the boom. The first bullish objective is located at 93.55 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 101.58 USD as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
8.6
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The JACOBS ENGINEERING GROUP INC. price is 93.37 USD. On the day, this instrument gained +0.51% and was traded between 93.02 USD and 93.80 USD over the period. The price is currently at +0.38% from its lowest and -0.46% from its highest.93.02
93.80
93.37
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by JACOBS ENGINEERING GROUP INC.:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of JACOBS ENGINEERING GROUP INC. indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 76.94 | 80.92 | 87.89 | 93.37 | 93.55 | 101.58 |
| Change (%) | -17.60% | -13.33% | -5.87% | - | +0.19% | +8.79% |
| Change | -16.43 | -12.45 | -5.48 | - | +0.18 | +8.21 |
| Level | Minor | Major | Intermediate | - | Major | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 90.85 | 91.70 | 92.30 | 93.15 | 93.75 | 94.60 | 95.20 |
| Camarilla | 92.50 | 92.63 | 92.77 | 92.90 | 93.03 | 93.17 | 93.30 |
| Woodie | 90.73 | 91.64 | 92.18 | 93.09 | 93.63 | 94.54 | 95.08 |
| Fibonacci | 91.70 | 92.25 | 92.60 | 93.15 | 93.70 | 94.05 | 94.60 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 88.79 | 89.88 | 91.39 | 92.48 | 93.99 | 95.08 | 96.59 |
| Camarilla | 92.19 | 92.42 | 92.66 | 92.90 | 93.14 | 93.38 | 93.62 |
| Woodie | 89.00 | 89.99 | 91.60 | 92.59 | 94.20 | 95.19 | 96.80 |
| Fibonacci | 89.88 | 90.87 | 91.49 | 92.48 | 93.47 | 94.09 | 95.08 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 81.41 | 84.43 | 87.88 | 90.90 | 94.34 | 97.37 | 100.81 |
| Camarilla | 89.54 | 90.14 | 90.73 | 91.32 | 91.92 | 92.51 | 93.10 |
| Woodie | 81.62 | 84.54 | 88.09 | 91.00 | 94.56 | 97.47 | 101.02 |
| Fibonacci | 84.43 | 86.90 | 88.43 | 90.90 | 93.37 | 94.89 | 97.37 |
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): | 60.51 | |
| MACD (12,26,9): | 1.0600 | |
| Directional Movement: | 11.11 | |
| AROON (14): | 64.28 | |
| DEMA (21): | 92.96 | |
| Parabolic SAR (0,02-0,02-0,2): | 90.08 | |
| Elder Ray (13): | 1.24 | |
| Super Trend (3,10): | 88.86 | |
| Zig ZAG (10): | 93.37 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 84.66 | |
| TEMA (21): | 93.11 | |
| Williams %R (14): | -14.27 | |
| Chande Momentum Oscillator (20): | 5.03 | |
| Repulse (5,40,3): | -0.6300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1200 | |
| Courbe Coppock: | 8.28 |
| MA7: | 92.98 | |
| MA20: | 90.97 | |
| MA50: | 89.64 | |
| MA100: | 86.04 | |
| MAexp7: | 92.82 | |
| MAexp20: | 91.62 | |
| MAexp50: | 89.54 | |
| MAexp100: | 86.22 | |
| Price / MA7: | +0.42% | |
| Price / MA20: | +2.64% | |
| Price / MA50: | +4.16% | |
| Price / MA100: | +8.52% | |
| Price / MAexp7: | +0.59% | |
| Price / MAexp20: | +1.91% | |
| Price / MAexp50: | +4.28% | |
| Price / MAexp100: | +8.29% |
This member declared not having a position on this financial instrument or a related financial instrument.
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