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Takip Edin: @UscMarketsJBHT Stock Forecast & J.B. Hunt Transport Chart Analysis
This article provides a detailed analysis of JBHT-J.B. Hunt Transport stock including a forecast for JBHT shares. It features J.B. Hunt Transport Services, Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
JBHT Historical Data Review
JBHT Current Price Performance Analysis
The J.B. Hunt Transport - JBHT stock traded on the American stock market, on 06-05-2024, closed at 159.16$ with a %0.41 increased compared to the previous day.
In the last month, the price of JBHT changed by %-4.44 decreased in value, from 166.55 dollars on 05-06-2024 to 159.16 dollars, decreased.
Last year, the price of JBHT was 171.55 dollars on 06-06-2023, and changed by %-7.22 decreased in value, to 159.16 dollars decreased within a year.
The price of J.B. Hunt Transport stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
JBHT with AI Stock Forecast & Price Target
On the JBHT chart J.B. Hunt Transport price was recorded as 159.16 Dollars on 06/05/2024.
The artificial intelligence's forecast on JBHT stock is as follows.
The artificial intelligence's prediction error margin for JBHT stock is high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for J.B. Hunt Transport stock over the next 4 months is: 165.8 Dollars.
The commentary on JBHT stock Target Price: Highest: 178.304 Dollars is predicted.
The commentary on JBHT stock Target Price: Lowest: 153.445 Dollars is predicted.
Resistance Price where J.B. Hunt Transport stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-10-2024 | 167.561 |
| 10-03-2024 | 164.771 |
| 01-21-2025 | 178.304 |
Support Price where J.B. Hunt Transport stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 06-25-2024 | 166.459 |
| 08-29-2024 | 153.445 |
| 10-28-2024 | 161.934 |
| 04-01-2025 | 161.394 |
The commentary on JBHT stock: Fluctuations in the target price can be expected in the coming days.
The target price for J.B. Hunt Transport stock by the end of 2024 is predicted to be 173.746 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on JBHT stock, and the 2024 target price predictions for J.B. Hunt Transport are detailed above.
The technical analysis and charts for the commentary on JBHT stock are below.
JBHT Support & Resistance and Trend Analysis
JBHT stock you have reviewed the technical analysis support resistance charts regarding.
JBHT : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the JBHT review, the J.B. Hunt Transport support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
J.B. Hunt Transport Support and Resistance Prices:
| JBHT Support Level Price | JBHT Resistance Level Price |
|---|---|
| 154.10 | 172.30 |
| 160.48 | 192.70 |
| 168.78 | 199.88 |
| 176.54 | 204.11 |
| 184.07 | 204.44 |
| 187.37 | 214.39 |
| 189.82 | 215.90 |
| 196.19 | 219.51 |
| 196.86 |
JBHT Technical Analysis: SMA, RSI, MACD
Upon reviewing the JBHT chart, buy and sell signals have been generated in the J.B. Hunt Transport technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for JBHT stock are as follows:- JBHT technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for J.B. Hunt Transport gave a 'Buy' signal when the RSI was at 29.261, with the current RSI value at 34.543.
- The technical analysis for JBHT indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for J.B. Hunt Transport issued a 'Buy' signal when the MACD was at -4.518, with the current MACD value being: -3.793
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for J.B. Hunt Transport stock: Click here to read more predictions on CLP Holdings Limited stock.
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