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 JBL
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Stronger technical forecast for Jabil Circuit, Inc stock price after Thursday trading.
(Updated on Mar 28, 2024)

Hold candidate since Mar 28, 2024 PDF

The Jabil Circuit, Inc stock price fell by -1.46% on the last day (Thursday, 28th Mar 2024) from $135.94 to $133.95. During the last trading day the stock fluctuated 2.21% from a day low at $133.67 to a day high of $136.63. The price has risen in 8 of the last 10 days but is still down by -9.16% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -280 thousand shares and in total, 717 thousand shares were bought and sold for approximately $96.03 million.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 11.61% during the next 3 months and, with a 90% probability hold a price between $140.16 and $177.00 at the end of this 3-month period.

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JBL Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, March 15, 2024, and so far it has risen 8.77%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Jabil Circuit, Inc stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $139.82. On a fall, the stock will find some support from the short-term average at $131.73. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Jabil Circuit, Inc stock

Jabil Circuit, Inc finds support from accumulated volume at $128.14 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $2.96 between high and low, or 2.21%. For the last week, the stock has had daily average volatility of 2.37%.

Our recommended stop-loss: $127.99 (-4.45%) (This stock has high daily movements and this gives high risk. There is a buy signal from a pivot bottom found 9 days ago.)

Trading Expectations (JBL) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Jabil Circuit, Inc to open at $134.75, and during the day (based on 14 day Average True Range), to move between $129.54 and $138.36, which gives a possible trading interval of +/-$4.41 (+/-3.29%) up or down from last closing price. If Jabil Circuit, Inc takes out the full calculated possible swing range there will be an estimated 6.58% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $128.14 (4.34%) than the resistance at $147.46 (10.09%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Jabil Circuit, Inc stock A Buy?

Jabil Circuit, Inc 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.816 Hold/Accumulate Upgraded

Predicted Opening Price for Jabil Circuit, Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$134.75 ( 0.597%) $133.95

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

Trading levels for JBL

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 137.71 2.81 %
R2 136.58 1.96 %
R1 135.88 1.44 %
Current price: 133.95
Support S1 133.62 -0.247 %
S2 132.92 -0.768 %
S3 131.79 -1.61 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 151.10 12.80 %
R2 149.60 11.68 %
R1 147.46 10.09 %
Current price 133.95
Support S1 128.14 -4.34%
S2 124.18 -7.29%
S3 123.15 -8.06%

JBL Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 25, 2024 Feb 14, 2024 Mar 04, 2024 $0.0800 0.0538%
2 Oct 19, 2023 Nov 14, 2023 Dec 04, 2023 $0.0800 0.0694%
3 Jul 20, 2023 Aug 14, 2023 Sep 05, 2023 $0.0800 0.0709%
4 Apr 20, 2023 May 12, 2023 Sep 05, 2023 $0.0800 0.0709%
5 Jan 26, 2023 Feb 14, 2023 Mar 02, 2023 $0.0800 0.0951%

FAQ

What is the symbol for Jabil Circuit, Inc Stock and on which exchange is it traded?
The symbol for Jabil Circuit, Inc is JBL and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Jabil Circuit, Inc Stock?
Jabil Circuit, Inc 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy Jabil Circuit, Inc Stock?
Jabil Circuit, Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Jabil Circuit, Inc Stock.

What's the current price of Jabil Circuit, Inc Stock?
As of the end of day on the 2024-03-28, the price of an Jabil Circuit, Inc (JBL) share was $133.95.

What is the 52-week high and low for Jabil Circuit, Inc Stock?
The 52-week high for Jabil Circuit, Inc Stock is $156.94 and the 52-week low is $75.48.

What is the market capitalization of Jabil Circuit, Inc Stock?
As of the 2024-03-28, the market capitalization of Jabil Circuit, Inc is 17.085B.

When is the next earnings date for Jabil Circuit, Inc?
The upcoming earnings date for Jabil Circuit, Inc is Jun 20, 2024.
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About Jabil Circuit, Inc

Jabil Circuit Jabil Inc. provides manufacturing services and solutions worldwide. The company operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. It offers electronics design, production, and product management services. The company provides electronic design services, such as application-specific integrated circuit design, firmware development, and rapid prototyping services; and designs plastic and metal enclo... JBL Profile

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