|
|
Archive - 10/16/2026 - Sign In to see current Signals. |
Jacobs Eng (J) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :    Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Jacobs Eng (J). During the week, the J gained 1.93 points, or 1.39%, and closed at 141.08 on Friday, October 16, 2026. It was the best weekly gain since August 21, 2026. Weekly volume was -19% below average.
Long-term trend: [See J long-term trend chart] A long-term downtrend had started on October 24, 2025 at 168.44 and reached 105.68 on May 13, 2026. J lost 62.76 points, or 37.26%, in 28 weeks. The price is now at the 56.41% retracement level.
Medium-term trend: [See J medium-term trend chart] A medium-term downtrend had started on August 26, 2026 at 153.30 and reached 134.23 on September 25, 2026. J lost 19.07 points, or 12.44%, in 4 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (125.40) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. J may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See J weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since June 18, 2026. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.
Short-term trend: [See J short-term trend chart] A short-term uptrend had started on September 25, 2026 at 134.23 and reached 143.82 on October 15, 2026. J gained -9.59 points, or -7.14%, in 20 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 135.00 and resistance is at 144.13. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a short-term trend.
Daily Technical Indicators: [See J daily technical indicators chart] Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
| |
|
|