JCI stock: buy or sell

JCI stock price: $65.55 1.93% At close on May 14th, 2021

Updated on:
May 17th, 2021

2

JCI stock brief

  • Johnson Controls International closed last Friday at $65.55 after rising a 1.93%.
  • The stock is configuring an uptrend pattern since September 2020, when it bottomed at $39.15. Up to date, price made a 67.43% profit since the beginning of this rally. Johnson Controls International gained a 2.29% since last Thursday after breaking out over its last top at $64.08
  • Last Thursday broke out above its latest top at $64.08
  • Johnson Controls International plc operates as a diversified technology and multi industrial company worldwide.

Should I buy Johnson Controls International stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $JCI stock a buy?

In the current situation of Johnson Controls International there is just one buy setup eligible:

Uptrend buy setup

Johnson Controls International stock continues to trend higher since in September 2020 and has marked an amazing 67.43% gain. Price marked a pull back in this uptrend at $60.11 in late April, and since then it bounced off a 9.05%. Price just broke out above the entry point at $64.08, but it's still eligible. If price climbs above $67.28, you should not chase the price and wait for another entry point. If you decide to enter this trade, the suggested stop loss is at $58.31

Buy setupBuy pointStop lossRisk
Uptrend buy setup$64.08$58.319.01%

Should I sell Johnson Controls International stock?

How to know when is it time to sell Johnson Controls International stock?. Just as when we have to buy shares, deciding when is the best time to sell is not a fickle decision, and we must use our own trading style. We like very simple setups to guide us on when is a good moment to sell a stock. Be aware that these setups should not be used for shorting $JCI stock

A guiding principle is that you should never hold an operation that shows a greater losses than those expected at the time of the buy. The timing to sell your stock should always be determined by the stop-loss (automatic or manual)

Is it time to sell Johnson Controls International stock?

In the current situation of Johnson Controls International there is not any eligible sell setup, so Johnson Controls International stock holders with operations in green can keep their positions

Johnson Controls International ratings

In the last month, 9 brokerage ratings were published for Johnson Controls International. General sentiment is bullish, with 7 out of 9 publishing optimistic outlooks

Johnson Controls International analysts' ratings - Last month
Brokerage firmRating
Apr 22nd, 2021
UBS Group Strong buy
Apr 27th, 2021
OTR Global NeutralBuy
May 3rd, 2021
Barclays
Credit Suisse Group Buy
Deutsche Bank Aktiengesellschaft Neutral
Morgan Stanley Buy
OTR Global NeutralBuy
May 10th, 2021
Credit Suisse Group Buy
Morgan Stanley Buy

Johnson Controls International stock analysis

Since in September 2020, Johnson Controls International has been printing an uptrend that so far marked a gorgeous 67.43%. During this uptrend, the price provided some buy points on the breakouts. Latest low was in late April, when price bounced at $60.11. Last Thursday, Johnson Controls International broke out above its last top ($64.08) giving a good buy point

SMAs overview

JCI stock SMAs chart

Supports and resistances

Price is at highs and there are not upper resistance levels.

The current support levels are:

  • S1: $64.08 (-2.24% below)
  • S2: $62.13 (-5.22% below)
  • S3: $60.11 (-8.30% below)
  • Bollinger bands

    Since the price surpassed the upper band on May 10, the price dropped by 1.71%. The price is moving very close to the upper Bollinger band, signaling some level of overbought in recent sessions. This is not a sell point, as price can trade in these levels for many days and weeks

    JCI stock Bollinger Bands chart

    Relative strength index

    The RSI dropped below the overbought level of 70 last Tuesday after just crossing to the overbough zone for 1 day (weak signal). The RSI reading last Friday was 62.39. Since that level was lost, Johnson Controls International shares just moved a 0.43%

    JCI stock RSI chart

    Johnson Controls International stock price history

    Johnson Controls International started trading priced at an adjusted price1 of $3.43 on Sep 1987. Since then, JCI stock surged by 1,811.08%, with an average of 54.88% per year. If you had invested thousand dollars in Johnson Controls International stock at that time, it would worth $19,110.79 today.

    1: Adjusted price after possible price splits or reverse-splits

    JCI stock price history chart

    Price target for Johnson Controls International stock

    Nobody can predict how much a stock will be priced in the future. Banks and financial organisations post their analysis predicting how a particular stock will performance in the future.

    Along with buy or sell recommendations, financial institutions publish their price forecasts based on the stock price action and the company fundamental data. Most of these estimates follow the publication of new financial information by the company, and usually. Again, these predictions are not direct recommendations for small traders and should not be followed blindly.

    Averaging all price targets exposed below, the predicted price for Johnson Controls International stock is $71.00. That is a 8.31% than the current price ($65.55).

    Johnson Controls International stock price predictions
    Brokerage firmPrice target
    Apr 22nd, 2021
    UBS Group $57.00$70.00
    Apr 27th, 2021
    OTR Global Not available
    May 3rd, 2021
    Barclays $59.00$67.00
    Credit Suisse Group $64.00$66.00
    Deutsche Bank Aktiengesellschaft $62.00$68.00
    Morgan Stanley $73.00$80.00
    OTR Global Not available
    May 10th, 2021
    Credit Suisse Group $64.00$66.00
    Morgan Stanley $73.00$80.00

    Earnings and financials

    In late April, Johnson Controls International plc ($JCI) reported adjusted EPS for that slightly surpassed Market expectations. Quarterly EPS was $0.52 per share instead of $0.49. This Q2 report means an earnings surprise of 6.12%. On the contrary, reported sales were $5.6 billion, consistent with analysts' forecasts.

    Compared to the same quarter one year ago, EPS was $0.42, so reported EPS means a increase of 23.81%. Revenue slightly moved on an annualized basis in the , from $54.4B to $55.9B last quarter.

    JCI ($JCI) is hosting the Q3 earnings call next July. Market analysts analysts expect of $0.82, that is a 57.69% more than Q2.

    Johnson Controls International performance

    JCI performance compared
    Company1m3m6m
    Johnson Controls International ($JCI) 4.70% 22.30% 51.00%

    Important note:
    The viewpoints contained in this post are personal and should not be followed as recommendations for you to buy or sell shares. The author of this report does not know the individual circumstances of the reader, his or her finances or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are posted for education purposes only

    JCI summary

    Friday, May 14th, 2021
    Open$64.71
    Close$65.55
    Day range$64.4 - $65.8
    Previous close$64.31
    Session gain1.93%
    Average true range$1.80
    50d mov avg$61.64
    100d mov avg$56.43
    200d mov avg$49.24
    Earnings dateJuly 30th, 2021

    Frequently asked questions

    What is Johnson Controls International stock symbol?

    Johnson Controls International plc is a public company trading in the US stock market with the JCI symbol

    Is Johnson Controls International stock a buy or sell?

    Johnson Controls International received 9 ratings in the last 30 days: 7 bullish, 0 bearish and 1 neutral.

    Will JCI go up?

    Johnson Controls International had different price predictions published by market analysts in the last 4 weeks setting the target price to $71.00. That is a 8.31% than the current price ($65.55).