RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of JBSS
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John B. Sanfilippo & Son stock upgraded from Hold/Accumulate to Buy Candidate after Wednesday trading session.
(Updated on Mar 27, 2024)

Buy candidate since Mar 27, 2024 PDF

The John B. Sanfilippo & Son stock price gained 0.794% on the last trading day (Wednesday, 27th Mar 2024), rising from $104.58 to $105.41. During the last trading day the stock fluctuated 1.31% from a day low at $104.82 to a day high of $106.19. The price has been going up and down for this period, and there has been a 1.12% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 11 thousand more shares were traded than the day before. In total, 57 thousand shares were bought and sold for approximately $6.01 million.

The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect John B. Sanfilippo & Son stock with a 90% probability to be traded between $98.21 and $108.54 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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JBSS Signals & Forecast

The John B. Sanfilippo & Son stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $106.13. On a fall, the stock will find some support from the long-term average at approximately $102.37. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, March 21, 2024, and so far it has fallen -2.19%. Further fall is indicated until a new bottom pivot has been found.

Sell
Special Signal Notification

Double Top Formation

Double Top Formation A sell signal from a double top formation was found on Thursday, March 21, 2024 and based on theory for this formation the price should fall by -15.69% to $88.87 within 36 trading days since signal was issued (Thursday, March 28, 2024).

Support, Risk & Stop-loss for John B. Sanfilippo & Son stock

John B. Sanfilippo & Son finds support from accumulated volume at $104.20 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $1.37 (1.31%) between high and low. For the last week, the stock has had daily average volatility of 1.62%.

Our recommended stop-loss: $100.79 (-4.38%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 4 days ago.)

Trading Expectations (JBSS) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect John B. Sanfilippo & Son to open at $105.47, and during the day (based on 14 day Average True Range), to move between $103.23 and $107.59, which gives a possible trading interval of +/-$2.18 (+/-2.07%) up or down from last closing price. If John B. Sanfilippo & Son takes out the full calculated possible swing range there will be an estimated 4.14% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $105.43 (0.02%) than the support at $104.20 (1.15%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is John B. Sanfilippo & Son stock A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for John B. Sanfilippo & Son stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 1.589 Buy Candidate Upgraded

Predicted Opening Price for John B. Sanfilippo & Son of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$105.47 ( 0.0601%) $105.41

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for JBSS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 106.84 1.36 %
R2 106.32 0.86 %
R1 106.00 0.557 %
Current price: 105.41
Support S1 104.95 -0.436 %
S2 104.63 -0.743 %
S3 104.10 -1.24 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 107.67 2.14 %
R2 106.35 0.89 %
R1 105.43 0.0190 %
Current price 105.41
Support S1 104.20 -1.15%
S2 100.89 -4.29%
S3 97.71 -7.30%

JBSS Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jul 18, 2023 Aug 21, 2023 Sep 13, 2023 $2.00 1.95%
2 May 02, 2023 May 31, 2023 Jun 22, 2023 $1.50 1.19%
3 Nov 03, 2022 Dec 01, 2022 Dec 21, 2022 $1.00 1.21%
4 Jul 07, 2022 Aug 11, 2022 Aug 31, 2022 $2.25 2.79%
5 Jul 08, 2021 Aug 09, 2021 Aug 25, 2021 $3.00 3.49%

FAQ

What is the symbol for John B. Sanfilippo & Son Stock and on which exchange is it traded?
The symbol for John B. Sanfilippo & Son is JBSS and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell John B. Sanfilippo & Son Stock?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for John B. Sanfilippo & Son stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy John B. Sanfilippo & Son Stock?
John B. Sanfilippo & Son Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy John B. Sanfilippo & Son Stock.

What's the current price of John B. Sanfilippo & Son Stock?
As of the end of day on the 2024-03-27, the price of an John B. Sanfilippo & Son (JBSS) share was $105.41.

What is the 52-week high and low for John B. Sanfilippo & Son Stock?
The 52-week high for John B. Sanfilippo & Son Stock is $127.26 and the 52-week low is $90.02.

What is the market capitalization of John B. Sanfilippo & Son Stock?
As of the 2024-03-27, the market capitalization of John B. Sanfilippo & Son is 1.22B.

When is the next earnings date for John B. Sanfilippo & Son?
The upcoming earnings date for John B. Sanfilippo & Son is Apr 30, 2024.
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About John B. Sanfilippo & Son

John B. Sanfilippo & Son John B. Sanfilippo & Son, Inc., through its subsidiary, JBSS Ventures, LLC, processes and distributes tree nuts and peanuts in the United States. The company offers raw and processed nuts, including almonds, pecans, peanuts, black walnuts, English walnuts, cashews, macadamia nuts, pistachios, pine nuts, Brazil nuts, and filberts in various styles and seasonings. It also offers peanut butter in various sizes and varieties; snack and trail mixes, s... JBSS Profile

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