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Archive - 4/17/2025 - Sign In to see current Signals. |
Johnson Controls Inc (JCI) Technical Analysis
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| Summary:
| | Weekly : | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the Johnson Controls Inc (JCI). During the week, the JCI dropped -0.89 points, or -1.15%, and closed at 76.83 on Thursday, April 17, 2025. Weekly volume was -8% below average.
Long-term trend: [See JCI long-term trend chart] A long-term uptrend had started on July 14, 2022 at 45.52 and reached 91.14 on February 18, 2025. JCI gained -45.62 points, or -100.22%, in 135 weeks. The price is now at the 31.37% retracement level.
Medium-term trend: [See JCI medium-term trend chart] A medium-term downtrend had started on February 18, 2025 at 91.14 and reached 68.03 on April 7, 2025. JCI lost 23.11 points, or 25.36%, in 6 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 64.42 and resistance is at 80.99. A Broadening Descending 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 Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See JCI weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since February 28, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.
Short-term trend: [See JCI short-term trend chart] A short-term uptrend had started on April 7, 2025 at 68.03 and reached 79.93 on April 9, 2025. JCI gained -11.90 points, or -17.49%, in 2 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See JCI daily technical indicators chart] Daily technical indicators are neutral. 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.
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