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 JCI
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Stronger technical forecast for Johnson Controls stock price after Thursday trading.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Feb 14, 2024 Gain 14.46% PDF

The Johnson Controls stock price gained 0.694% on the last trading day (Thursday, 28th Mar 2024), rising from $64.87 to $65.32. It 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 the last trading day the stock fluctuated 0.96% from a day low at $64.78 to a day high of $65.40. The price has risen in 7 of the last 10 days and is up by 3.53% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 5 million more shares were traded than the day before. In total, 9 million shares were bought and sold for approximately $611.08 million.

The stock has broken the strong rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at $63.40, a level that may pose a second chance to hit a runner. According to fan-theory $67.68 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

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JCI Signals & Forecast

The Johnson Controls stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, 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 $64.37 and $60.39. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, January 31, 2024, and so far it has risen 23.97%. Further rise is indicated until a new top pivot has been found. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Johnson Controls stock

On the downside, the stock finds support just below today's level from accumulated volume at $54.49 and $52.69. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Johnson Controls finds support just below today's level at $54.49. If this is broken, then the next support from accumulated volume will be at $52.69 and $52.40.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.620 between high and low, or 0.96%. For the last week, the stock has had daily average volatility of 1.12%.

The Johnson Controls stock is extremely overbought on RSI14 (76). Normally this may pose a good selling opportunity but since the stock has broken the trend up, the chance for a major correction due to high RSI is very small as the stock will find support at the trend broken.

Our recommended stop-loss: $63.05 (-3.48%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 76 and this increases the risk substantially. There is a buy signal from a pivot bottom found 40 days ago.)

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

For the upcoming trading day on Monday, 1st we expect Johnson Controls to open at $65.17, and during the day (based on 14 day Average True Range), to move between $64.44 and $66.20, which gives a possible trading interval of +/-$0.88 (+/-1.34%) up or down from last closing price. If Johnson Controls takes out the full calculated possible swing range there will be an estimated 2.68% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $54.49, some $10.83 (16.58%) from the current price of $65.32, our system finds the risk reward attractive.

Is Johnson Controls stock A Buy?

Several short-term signals are positive and the stock has broke the rising trend up, which indicates an even stronger rate of rising. We conclude that the current level may hold a buying opportunity as there is a fair chance for Johnson Controls stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 5.344 Strong Buy Candidate Upgraded

Predicted Opening Price for Johnson Controls of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$65.17 ( 0.235%) $65.32

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

Trading levels for JCI

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 65.79 0.714 %
R2 65.55 0.352 %
R1 65.40 0.128 %
Current price: 65.32
Support S1 64.93 -0.597 %
S2 64.78 -0.82 %
S3 64.55 -1.18 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 65.32
Support S1 54.49 -16.58%
S2 52.69 -19.34%
S3 52.40 -19.78%

JCI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 13, 2024 Mar 22, 2024 Apr 19, 2024 $0.370 0.566%
2 Dec 06, 2023 Dec 15, 2023 Jan 12, 2024 $0.370 0.657%
3 Sep 13, 2023 Sep 22, 2023 Oct 20, 2023 $0.370 0.760%
4 Jun 07, 2023 Jun 16, 2023 Jul 14, 2023 $0.370 0.538%
5 Mar 08, 2023 Mar 17, 2023 Apr 14, 2023 $0.360 0.626%

FAQ

What is the symbol for Johnson Controls Stock and on which exchange is it traded?
The symbol for Johnson Controls is JCI and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Johnson Controls Stock?
Several short-term signals are positive and the stock has broke the rising trend up, which indicates an even stronger rate of rising. We conclude that the current level may hold a buying opportunity as there is a fair chance for Johnson Controls stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

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

What's the current price of Johnson Controls Stock?
As of the end of day on the 2024-03-28, the price of an Johnson Controls (JCI) share was $65.32.

What is the 52-week high and low for Johnson Controls Stock?
The 52-week high for Johnson Controls Stock is $70.43 and the 52-week low is $47.90.

What is the market capitalization of Johnson Controls Stock?
As of the 2024-03-28, the market capitalization of Johnson Controls is 44.514B.

When is the next earnings date for Johnson Controls?
The upcoming earnings date for Johnson Controls is May 03, 2024.
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About Johnson Controls

Johnson Controls Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates in four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products. The company designs, sells, installs, and services heating, ventil... JCI Profile

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