RSI low/high Values: [ 20 - 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 JBMA.NS
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JBM Auto Limited stock price up 1.89% on Thursday
(Updated on Mar 28, 2024)

Sell candidate since Mar 05, 2024 Loss -9.90% PDF

The JBM Auto Limited stock price gained 1.89% on the last trading day (Thursday, 28th Mar 2024), rising from ₹1,770.60 to ₹1,804.15. During the last trading day the stock fluctuated 3.75% from a day low at ₹1,795.65 to a day high of ₹1,862.95. The price has risen in 6 of the last 10 days and is up by 5.51% over the past 2 weeks. Volume fell on the last day by -240 thousand shares and in total, 318 thousand shares were bought and sold for approximately ₹573.33 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the lower part of a very wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at ₹1,642.57 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 7.83% during the next 3 months and, with a 90% probability hold a price between ₹1,771.18 and ₹2,648.89 at the end of this 3-month period.

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JBMA.NS Signals & Forecast

Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The JBM Auto Limited stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at ₹1,837.28 and ₹2,004.08. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, February 19, 2024, and so far it has fallen -24.25%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for JBM Auto Limited stock

JBM Auto Limited finds support from accumulated volume at ₹1,770.60 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 ₹67.30 between high and low, or 3.75%. For the last week, the stock has had daily average volatility of 4.17%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (JBMA.NS) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect JBM Auto Limited to open at ₹1,820.92, and during the day (based on 14 day Average True Range), to move between ₹1,691.46 and ₹1,916.84, which gives a possible trading interval of +/-₹112.69 (+/-6.25%) up or down from last closing price. If JBM Auto Limited takes out the full calculated possible swing range there will be an estimated 12.49% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at ₹1,770.60 (1.86%) than the resistance at ₹1,884.55 (4.46%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is JBM Auto Limited stock A Buy?

The JBM Auto Limited stock holds several negative signals and despite the positive trend, we believe JBM Auto Limited will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -2.056 Sell Candidate Unchanged

Predicted Opening Price for JBM Auto Limited of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
₹1,820.92 ( 0.93%) ₹1,804.15

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

Trading levels for JBMA.NS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 1,888.22 4.66 %
R2 1,862.51 3.23 %
R1 1,846.63 2.35 %
Current price: 1,804.15
Support S1 1,795.21 -0.496 %
S2 1,779.33 -1.38 %
S3 1,753.62 -2.80 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 2,066.75 14.56 %
R2 1,896.80 5.14 %
R1 1,884.55 4.46 %
Current price 1,804.15
Support S1 1,770.60 -1.86%
S2 1,721.50 -4.58%
S3 1,619.35 -10.24%

JBMA Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Sep 16, 2022 Sep 16, 2022 Sep 16, 2022 ₹1.00 0.252%
2 Sep 22, 2021 Sep 22, 2021 Sep 22, 2021 ₹0.600 0.326%
3 Dec 03, 2020 Dec 03, 2020 Dec 03, 2020 ₹0.700 0.628%
4 Oct 21, 2020 Oct 21, 2020 Oct 21, 2020 ₹1.75 1.85%
5 May 28, 2019 Sep 05, 2019 Oct 14, 2019 ₹0.90 1.01%

FAQ

What is the symbol for JBM Auto Limited Stock and on which exchange is it traded?
The symbol for JBM Auto Limited is JBMA.NS and it is traded on the NSE (National Stock Exchange of India).

Should I buy or sell JBM Auto Limited Stock?
The JBM Auto Limited stock holds several negative signals and despite the positive trend, we believe JBM Auto Limited will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

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

What's the current price of JBM Auto Limited Stock?
As of the end of day on the 2024-03-28, the price of an JBM Auto Limited (JBMA.NS) share was ₹1,804.15.

What is the 52-week high and low for JBM Auto Limited Stock?
The 52-week high for JBM Auto Limited Stock is ₹2,428.35 and the 52-week low is ₹621.35.

What is the market capitalization of JBM Auto Limited Stock?
As of the 2024-03-28, the market capitalization of JBM Auto Limited is 213.335B.

When is the next earnings date for JBM Auto Limited?
The upcoming earnings date for JBM Auto Limited is May 08, 2024.
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About JBM Auto Limited

JBM Auto Limited manufactures and sells auto components, tools, and buses in India and internationally. It operates through three segments: Sheet Metal Components, Assemblies & Sub-assemblies (Component Division); Tool, Dies & Moulds (Tool Room Division); and OEM Division. The company offers auto components, systems, and assemblies, such as BIW parts, including cross car beams; chassis and suspension systems comprising skin panels; and tools and ... JBMA.NS Profile

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