JBN stock forecast Select Asset Inc. Select Asset Inc. on behalf of Corporate Backed Callable Trust Certificates, J.C. Penney Debenture Backed Series 2007-1 Trust

JBN stock forecast

VOLUME
Buy
TREND
Hold
MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Sell

JBN Forecast and Technical Stock Analysis

Hold candidate since 2019-07-17

Select Asset Inc. Select Asset Inc. on behalf of Corporate Backed Callable Trust Certificates, J.C. Penney Debenture Backed Series 2007-1 Trust gained 1.06% in the last trading day ( Wednesday, 17th Jul 2019 ), rising from $6.61 to $6.68 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During day the stock fluctuated 0.30% from a day low at $6.68 to a day high of $6.70. The price has fallen in 6 of the last 10 days and is down by -2.48% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 55 more shares were traded than the day before. In total, 741 shares bought and sold for approximately $4 949.88.

Quick summary:

  • 30 day high of the JBN stock price was $6.92 and low was $6.17.
  • 90 day high was $7.15 and low was $5.21.
  • 52 week high for the Select Asset Inc. Select Asset Inc. on behalf of Corporate Backed Callable Trust Certificates, J.C. Penney Debenture Backed Series 2007-1 Trust - $12.34 and low - $5.21.
Top Trending Stocks

Trend

Select Asset Inc. Select Asset Inc. on behalf of Corporate Backed Callable Trust Certificates, J.C. Penney Debenture Backed Series 2007-1 Trust is at the upper part of a very wide and horizontal trend and normally this would pose a good selling opportunity, but a break-up through the top trend line at $7.01 will give a strong buy signal and a trend shift may be expected. Given the current horizontal trend you can expect Select Asset Inc. Select Asset Inc. on behalf of Corporate Backed Callable Trust Certificates, J.C. Penney Debenture Backed Series 2007-1 Trust with 90% probability to be traded between $5.10 and $6.89 at the end of this period with 90% probability. 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 roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

Top Golden Star Stocks

Signals

Select Asset Inc. Select Asset Inc. on behalf of Corporate Backed Callable Trust Certificates, J.C. Penney Debenture Backed Series 2007-1 Trust holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $6.60 and $6.40. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday July 15, 2019, which indicates further gains until a new top pivot has been found. Select Asset Inc. Select Asset Inc. on behalf of Corporate Backed Callable Trust Certificates, J.C. Penney Debenture Backed Series 2007-1 Trust has rising volume and follows the last lift in the price. This considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued.

Relative Strength Index (RSI)

RSImin/max Values: [ 25 - 75 ]

RSI14 is 48 and the stock is currently not being overbought or oversold

* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

Support & Resistance

Select Asset Inc. Select Asset Inc. on behalf of Corporate Backed Callable Trust Certificates, J.C. Penney Debenture Backed Series 2007-1 Trust finds support from accumulated volume at $6.65.

Support: $6.65 Price: $6.68 Resistance: $6.80

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.02 (0.30%) between high and low. For the last week, the stock has had a daily average volatility of 1.44%.

Our recommended stoploss: $6.29 (-5.77%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 2 days ago.)

1.44 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Hold/Accumulate Downgraded

Evaluation

Select Asset Inc. Select Asset Inc. on behalf of Corporate Backed Callable Trust Certificates, J.C. Penney Debenture Backed Series 2007-1 Trust holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level we recommend to hold or accumulate in this position whilst awaiting for further development. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Hold/Accumulate.

Will JBN stock price go up or down on Fri, 19 Jul 2019?

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