Jabil Circuit Stock Technical Analysis

JBL Stock  USD 118.75  10.84  8.36%   
As of the 19th of April, Jabil Circuit retains the Downside Deviation of 3.37, risk adjusted performance of 0.0281, and Market Risk Adjusted Performance of 0.0554. Jabil Circuit technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We have analyzed nineteen technical drivers for Jabil Circuit, which can be compared to its competitors. Please check out Jabil Circuit jensen alpha, and the relationship between the coefficient of variation and potential upside to decide if Jabil Circuit is priced fairly, providing market reflects its last-minute price of 118.75 per share. Given that Jabil Circuit has jensen alpha of (0.02), we strongly advise you to confirm Jabil Circuit's regular market performance to make sure the company can sustain itself at a future point.

Jabil Circuit Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Jabil, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Jabil
  
Jabil Circuit's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Jabil Circuit Analyst Consensus

Target PriceAdvice# of Analysts
142.29Strong Buy10Odds
Jabil Circuit current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Jabil analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Jabil stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Jabil Circuit, talking to its executives and customers, or listening to Jabil conference calls.
Jabil Analyst Advice Details
Jabil Circuit technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Jabil Circuit technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Jabil Circuit trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Jabil Circuit Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Jabil Circuit volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Jabil Circuit Trend Analysis

Use this graph to draw trend lines for Jabil Circuit. You can use it to identify possible trend reversals for Jabil Circuit as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Jabil Circuit price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Jabil Circuit Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Jabil Circuit applied against its price change over selected period. The best fit line has a slop of   0.02  , which may imply that Jabil Circuit will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 18.71, which is the sum of squared deviations for the predicted Jabil Circuit price change compared to its average price change.

About Jabil Circuit Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Jabil Circuit on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Jabil Circuit based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Jabil Circuit price pattern first instead of the macroeconomic environment surrounding Jabil Circuit. By analyzing Jabil Circuit's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Jabil Circuit's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Jabil Circuit specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2022 2023 2024 (projected)
Dividend Yield0.0029570.0034010.003231
Price To Sales Ratio0.440.50.65

Jabil Circuit April 19, 2024 Technical Indicators

Most technical analysis of Jabil help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Jabil from various momentum indicators to cycle indicators. When you analyze Jabil charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Jabil Circuit April 19, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Jabil stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Jabil Circuit is a strong investment it is important to analyze Jabil Circuit's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Jabil Circuit's future performance. For an informed investment choice regarding Jabil Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jabil Circuit. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Jabil Stock please use our How to buy in Jabil Stock guide.
Note that the Jabil Circuit information on this page should be used as a complementary analysis to other Jabil Circuit's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

Complementary Tools for Jabil Stock analysis

When running Jabil Circuit's price analysis, check to measure Jabil Circuit's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Jabil Circuit is operating at the current time. Most of Jabil Circuit's value examination focuses on studying past and present price action to predict the probability of Jabil Circuit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jabil Circuit's price. Additionally, you may evaluate how the addition of Jabil Circuit to your portfolios can decrease your overall portfolio volatility.
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Is Jabil Circuit's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Jabil Circuit. If investors know Jabil will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Jabil Circuit listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.809
Dividend Share
0.32
Earnings Share
11.54
Revenue Per Share
247.585
Quarterly Revenue Growth
(0.17)
The market value of Jabil Circuit is measured differently than its book value, which is the value of Jabil that is recorded on the company's balance sheet. Investors also form their own opinion of Jabil Circuit's value that differs from its market value or its book value, called intrinsic value, which is Jabil Circuit's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Jabil Circuit's market value can be influenced by many factors that don't directly affect Jabil Circuit's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Jabil Circuit's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jabil Circuit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jabil Circuit's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.