JetBlue Airways (JBLU, $6.9) was the month's biggest loser, descending -17.86%.
JetBlue Airways (JBLU) experienced a significant decline in its stock price, making it the biggest loser of the month with a drop of -17.86% to $6.9 per share. This decline was in line with the overall trend observed in the Airlines Industry, where 54 out of 66 stocks analyzed (82.35%) were in a downtrend, while only 12 (17.65%) exhibited an uptrend.
A.I.dvisor, a market analysis tool, identified 228 similar instances in the past when JBLU's price dropped by 10% within one month. Out of these 228 cases, in 114 instances, JBLU's price continued to decline in the subsequent month. Based on this historical data, A.I.dvisor believes that the odds of a downtrend continuation for JBLU are 50%.
However, there may be some positive signs for JBLU. The Relative Strength Index (RSI) Oscillator, a momentum indicator, moved out of oversold territory on March 27, 2023. This could indicate a potential shift from a downward trend to an upward trend for the stock. A.I.dvisor analyzed 34 similar instances in the past when the RSI Oscillator left oversold territory, and found that in 25 of those cases, the stock moved higher. This puts the odds of a move higher for JBLU at 74%.
Based on these findings, traders may consider buying JBLU stock or call options, as there could be a potential upward trend reversal. However, it's important to note that past performance is not indicative of future results, and it's crucial to conduct further research and analysis before making any investment decisions. The stock market can be volatile and unpredictable, and it's always advisable to consult with a qualified financial professional for personalized investment advice.
JBLU's Stochastic Oscillator sits in oversold zone for 2 days
Be on the lookout for a price bounce soon.
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where JBLU's RSI Indicator exited the oversold zone, of 32 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where JBLU advanced for three days, in of 265 cases, the price rose further within the following month. The odds of a continued upward trend are .
JBLU may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 200 cases where JBLU Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on January 28, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on JBLU as a result. In of 93 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for JBLU turned negative on January 28, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .
JBLU moved below its 50-day moving average on January 28, 2025 date and that indicates a change from an upward trend to a downward trend.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. JBLU’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.793) is normal, around the industry mean (3.999). P/E Ratio (0.000) is within average values for comparable stocks, (36.942). JBLU's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (0.876). JBLU has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.037). P/S Ratio (0.225) is also within normal values, averaging (1.436).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. JBLU’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 92, placing this stock worse than average.
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General Information
a provider of passenger air transportation services
Industry Airlines