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 JJSF
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J & J Snack Foods Corp. stock upgraded from Sell Candidate to Hold/Accumulate after Wednesday trading session.
(Updated on Mar 27, 2024)

Hold candidate since Mar 27, 2024 PDF

The J & J Snack Foods Corp. stock price gained 0.279% on the last trading day (Wednesday, 27th Mar 2024), rising from $143.14 to $143.54. During the last trading day the stock fluctuated 1.28% from a day low at $143.14 to a day high of $144.98. The price has been going up and down for this period, and there has been a 0.04% 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, 14 thousand more shares were traded than the day before. In total, 72 thousand shares were bought and sold for approximately $10.33 million.

The stock lies the upper part of a falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $144.11 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -16.38% during the next 3 months and, with a 90% probability hold a price between $114.43 and $120.51 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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JJSF Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, March 18, 2024, and so far it has risen 2.47%. 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). 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. The J & J Snack Foods Corp. 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 $144.26. On a fall, the stock will find some support from the short-term average at $142.38. 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.

Support, Risk & Stop-loss for J & J Snack Foods Corp. stock

J & J Snack Foods Corp. finds support from accumulated volume at $143.34 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $1.84 between high and low, or 1.28%. For the last week the stock has had daily average volatility of 1.34%.

Our recommended stop-loss: $135.79 (-5.40%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 7 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect J & J Snack Foods Corp. to open at $143.89, and during the day (based on 14 day Average True Range), to move between $140.98 and $146.10, which gives a possible trading interval of +/-$2.56 (+/-1.79%) up or down from last closing price. If J & J Snack Foods Corp. takes out the full calculated possible swing range there will be an estimated 3.57% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $143.34 (0.14%) than the resistance at $143.89 (0.24%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is J & J Snack Foods Corp. stock A Buy?

J & J Snack Foods Corp. 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: -0.762 Hold/Accumulate Upgraded

Predicted Opening Price for J & J Snack Foods Corp. of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$143.89 ( 0.242%) $143.54

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

Trading levels for JJSF

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 145.72 1.52 %
R2 145.02 1.03 %
R1 144.59 0.731 %
Current price: 143.54
Support S1 143.19 -0.247 %
S2 142.75 -0.549 %
S3 142.05 -1.04 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 146.02 1.73 %
R2 144.65 0.773 %
R1 143.89 0.244 %
Current price 143.54
Support S1 143.34 -0.139%
S2 142.00 -1.07%
S3 141.04 -1.74%

JJSF Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 14, 2024 Mar 18, 2024 Apr 09, 2024 $0.735 0.512%
2 Nov 15, 2023 Dec 18, 2023 Jan 09, 2024 $0.735 0.458%
3 Aug 10, 2023 Sep 15, 2023 Oct 10, 2023 $0.740 0.464%
4 May 19, 2023 Jun 16, 2023 Jul 11, 2023 $0.700 0.454%
5 Feb 15, 2023 Mar 20, 2023 Apr 11, 2023 $0.700 0.459%

FAQ

What is the symbol for J & J Snack Foods Corp. Stock and on which exchange is it traded?
The symbol for J & J Snack Foods Corp. is JJSF and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell J & J Snack Foods Corp. Stock?
J & J Snack Foods Corp. 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 J & J Snack Foods Corp. Stock?
J & J Snack Foods Corp. 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 & J Snack Foods Corp. Stock.

What's the current price of J & J Snack Foods Corp. Stock?
As of the end of day on the 2024-03-27, the price of an J & J Snack Foods Corp. (JJSF) share was $143.54.

What is the 52-week high and low for J & J Snack Foods Corp. Stock?
The 52-week high for J & J Snack Foods Corp. Stock is $177.71 and the 52-week low is $139.81.

What is the market capitalization of J & J Snack Foods Corp. Stock?
As of the 2024-03-27, the market capitalization of J & J Snack Foods Corp. is 2.782B.

When is the next earnings date for J & J Snack Foods Corp.?
The upcoming earnings date for J & J Snack Foods Corp. is May 06, 2024.
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About J & J Snack Foods Corp.

J & J Snack Foods . J&J Snack Foods Corp. manufactures, markets, and distributes nutritional snack foods and beverages to the food service and retail supermarket industries in the United States, Mexico, and Canada. It operates in three segments: Food Service, Retail Supermarkets, and Frozen Beverages. The company offers soft pretzels under the SUPERPRETZEL, PRETZEL FILLERS, PRETZELFILS, GOURMET TWISTS, MR. TWISTER, SOFT PRETZEL BITES, SOFTSTIX, SOFT PRETZEL BUNS, TE... JJSF Profile

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