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

Friday May 17, 2019 Change -4.32% Price $6.79
Chart period: 2019-02-19 - 2019-05-17
VOLUME
Buy
TREND
Sell
MV LONG
Buy

MV SHORT
Sell

PIVOT
Sell

MACD
Buy

Will JBN stock price go up or down on Mon, 20 May 2019?

Predict
Our Evaluation:

Stop-Loss: N/A Risk: Medium

Evaluation: We hold a sell evaluation for this stock. No stop-loss set.

Pivot Evaluation:

Fair price May 20, 2019: $6.80

Current price: $6.79 ( Undervalued )

Fibonacci

Using the Fibonacci method to find support & resistance
Level Price Change
R3 7.07 4.19 %
R2 6.97 2.63 %
R1 6.90 1.67 %
Current price: 6.79 0 %
S1 6.69 -1.44 %
S2 6.63 -2.41 %
S3 6.52 -3.96 %

Accumulated Volume

Using accumulated volume to find support & resistance
Level Price Chg %
R3 7.30 7.51 %
R2 7.21 6.14 %
R1 7.10 4.54 %
Current price 6.79 0 %
S1 6.78 -0.21%
S2 6.55 -3.53%
S3 6.45 -5.01%

Sector Hausse

Sector: Miscellaneous

About Support and resistance

There are many factors used to determine support and resistance. The most common are:

  • Trend
  • Moving averages
  • Round numbers
  • Previous tops and bottoms
  • Accumulated volume

You may discuss what is the best, but by looking at the chart you will be able to get a more visual expression. Any support or resistance is weakened or strengthened by divergence in volume. If price is falling on high volume support levels may be broken easier. The same if price is rising on low volume, the resistance may be harder to break.

Will JBN stock price go up or down
on Mon, 20 May 2019?

Predict

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