Technical Analysis

Longer Term Trading Plans for JBHT

• NONE. Details

There is no current Support Plan to trigger a buy of this stock at this time. This usually means that there are no clear support levels at this time, so buying the stock as it falls could be considered catching a falling knife. Buy signals only exist if resistance breaks higher.
This often is a signal that the stock you are watching is weak. Waiting for a turn higher may be more intelligent than trying to catch a falling knife. In any case, new support levels are usually revised to the database at the beginning of the next trading session.

• Short JBHT slightly under 270.44, target n/a, stop loss @ 271.22 Details

The technical summary data is suggesting a short of JBHT as it gets near 270.44, but the downside target is not available from the current data. This tells us to hold that position if it is triggered until a new downside target has been established (updates occur at the beginning of every trading session) or until the position has been stopped. The summary data tells us to have a stop loss in place at 271.22. 270.44 is the first level of resistance above 261.03, and by rule, any test of resistance is a short signal. In this case, if resistance 270.44 is being tested, so a short signal would exist.

Swing Trading Plans for JBHT

• Buy JBHT slightly over 266.96, target 270.44, Stop Loss @ 266.19 Details

If 266.96 begins to break higher, the technical summary data tells us to buy JBHT just over 266.96, with an upside target of 270.44. The data also tells us to set a stop loss @ 266.19 in case the stock turns against the trade. 266.96 is the first level of resistance above 261.03, and by rule, any break above resistance is a buy signal. In this case, 266.96, 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 266.96, target 255.97, Stop Loss @ 267.73. Details

The technical summary data is suggesting a short of JBHT if it tests 266.96 with a downside target of 255.97. We should have a stop loss in place at 267.73 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, 266.96, 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 264.05, target 266.96, Stop Loss @ 263.43 Details

If 264.05 begins to break higher, the technical summary data tells us to buy JBHT just over 264.05, with an upside target of 266.96. The data also tells us to set a stop loss @ 263.43 in case the stock turns against the trade. 264.05 is the first level of resistance above 261.03, and by rule, any break above resistance is a buy signal. In this case, 264.05, 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 264.05, target 255.97, Stop Loss @ 264.67. Details

The technical summary data is suggesting a short of JBHT if it tests 264.05 with a downside target of 255.97. We should have a stop loss in place at 264.67 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, 264.05, 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.

JBHT Technical Summary | Raw Data for the Trading Plans