JJSF Price Prediction Next Week
Analysis and Insights
News Sentiment and Fundamental Analysis:
J&J Snack Foods Corp. (JJSF) has recently entered oversold territory, with an RSI of 28.8, suggesting potential buying opportunities. The stock price has fallen to around $124.645 per share, and the company offers a dividend yield of 2.46%, which may attract dividend investors looking for value.
Technical Indicators:
- RSI: The RSI values (RSI_6: 79.76, RSI_12: 63.06, RSI_14: 59.65) indicate that the stock is not currently in oversold territory, contradicting the earlier news.
- MACD: The MACD line is slightly negative (-0.17), indicating a bearish signal, but the MACD histogram is positive (1.83), suggesting a weakening bearish trend.
- Fibonacci Levels: The pivot point is at 135.02, with resistance levels at 140.23 and 143.45, and support at 129.80 and 126.58.
Recent Price Action:
The stock closed at 139.42 on 2025-03-10 with a slight increase of 0.75% during the regular market. The real-time price is 139.49, showing minor post-market activity.
Conclusion:
Given the mixed signals from technical indicators and the oversold condition reported earlier, JJSF is expected to trade around $133.50 in the next trading week. Considering the resistance at 140.23, it may be a good time to sell if the stock approaches this level.
JJSF Similar Chart Price Prediction
The price of JJSF is predicted to go up 12.29%, based on the high correlation periods with BNH. The similarity of these two price pattern on the periods is 95.3%.
JJSF
BNH
Up: 12.29%Similarity: 95.3%
