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 JBHT
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J.B. Hunt Transport Services stock price down 0.81% on Wednesday
(Updated on Jul 24, 2024)

Hold candidate since Jul 23, 2024 Loss -0.81% PDF

The J.B. Hunt Transport Services stock price fell by -0.81% on the last day (Wednesday, 24th Jul 2024) from $165.13 to $163.80. During the last trading day the stock fluctuated 2.31% from a day low at $161.80 to a day high of $165.53. The price has risen in 7 of the last 10 days and is up by 2.52% over the past 2 weeks. Volume has increased on the last day by 34 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 841 thousand shares were bought and sold for approximately $137.84 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 J.B. Hunt Transport Services stock with a 90% probability to be traded between $156.51 and $172.30 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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JBHT Signals & Forecast

The J.B. Hunt Transport Services 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 $165.50. On a fall, the stock will find some support from the long-term average at approximately $160.46. 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. A buy signal was issued from a pivot bottom point on Thursday, July 18, 2024, and so far it has risen 1.86%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for J.B. Hunt Transport Services stock

J.B. Hunt Transport Services finds support from accumulated volume at $162.01 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $3.73 between high and low, or 2.31%. For the last week, the stock has had daily average volatility of 2.49%.

Our recommended stop-loss: $156.66 (-4.36%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 6 days ago.)

Trading Expectations (JBHT) For The Upcoming Trading Day Of Thursday 25th

For the upcoming trading day on Thursday, 25th we expect J.B. Hunt Transport Services to open at $163.71, and during the day (based on 14 day Average True Range), to move between $159.35 and $168.25, which gives a possible trading interval of +/-$4.45 (+/-2.72%) up or down from last closing price. If J.B. Hunt Transport Services takes out the full calculated possible swing range there will be an estimated 5.43% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $163.90 (0.06%) than the support at $162.01 (1.09%), 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 J.B. Hunt Transport Services stock A Buy?

J.B. Hunt Transport Services holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

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Current score: 0.839 Hold/Accumulate Unchanged

Predicted Opening Price for J.B. Hunt Transport Services of Thursday, July 25, 2024

Fair opening price July 25, 2024 Current price
$163.71 ( 0.0560%) $163.80

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

Trading levels for JBHT

Fibonacci Support & Resistance Levels

Level Price
R3 167.44 2.22%
R2 166.02 1.35%
R1 165.14 0.82%
Price 163.80
S1 162.28 -0.93%
S2 161.40 -1.47%
S3 159.97 -2.34%

Accumulated Volume Support & Resistance Levels

Level Price
R3 176.00 7.45%
R2 166.16 1.44%
R1 163.90 0.0611%
Price 163.80
S1 162.01 -1.09%
S2 160.81 -1.83%
S3 156.18 -4.65%

JBHT Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jul 17, 2024 Aug 02, 2024 Aug 16, 2024 $0.430 0.263%
2 Apr 25, 2024 May 09, 2024 May 24, 2024 $0.430 0.273%
3 Feb 08, 2024 Feb 08, 2024 Feb 23, 2024 $0.430 0.202%
4 Oct 19, 2023 Nov 09, 2023 Nov 24, 2023 $0.420 0.229%
5 Jul 19, 2023 Aug 03, 2023 Aug 18, 2023 $0.420 0.220%

FAQ

What is the symbol for J.B. Hunt Transport Services Stock and on which exchange is it traded?
The symbol for J.B. Hunt Transport Services is JBHT and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell J.B. Hunt Transport Services Stock?
J.B. Hunt Transport Services holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy J.B. Hunt Transport Services Stock?
J.B. Hunt Transport Services Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy J.B. Hunt Transport Services Stock.

What's the current price of J.B. Hunt Transport Services Stock?
As of the end of day on the Jul 24, 2024, the price of an J.B. Hunt Transport Services (JBHT) share was $163.80.

What is the 52-week high and low for J.B. Hunt Transport Services Stock?
The 52-week high for J.B. Hunt Transport Services Stock is $219.50 and the 52-week low is $153.15.

What is the market capitalization of J.B. Hunt Transport Services Stock?
As of the Jul 24, 2024, the market capitalization of J.B. Hunt Transport Services is 16.904B.

When is the next earnings date for J.B. Hunt Transport Services?
The upcoming earnings date for J.B. Hunt Transport Services is Oct 15, 2024.
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About J.B. Hunt Transport Services

J.B. Hunt Transport Services J.B. Hunt Transport Services, Inc. provides surface transportation, delivery, and logistic services in North America. It operates through five segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), Final Mile Services (FMS), and Truckload (JBT). The JBI segment offers intermodal freight solutions. It operates 104,973 pieces of company-owned trailing equipment; owns and maintains its chassis fleet of 85... JBHT Profile

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