Jabil Stock Surges 15% to $215.72 as Technical Indicators Signal Bullish Momentum

Jabil Technical Analysis
Candlestick Theory
Jabil’s recent price action shows a bullish continuation pattern. The stock closed at $215.72 on September 10, 2025, forming two consecutive green candles after a period of consolidation near the $202–$209 support zone. This area aligns with the August 29 trough ($204.83), reinforcing its significance as a key support. Resistance is observed near the July 29 peak ($232.84), with interim hurdles at $218–$222. A decisive close above $220 would validate upward momentum, while failure to hold $202 risks testing the 200-day moving average ($193).
Moving Average Theory
Jabil’s moving averages depict a recovering bullish structure. The 50-day MA ($213) recently crossed above the 100-day MA ($208), signaling short-term strength. The 200-day MA ($193) anchors the long-term uptrend. Current trading above all three MAs supports a positive bias, with the 50/100-day golden cross acting as a confluence buy signal. Any retracement toward the 200-day MA would offer a high-probability entry point.
MACD & KDJ Indicators
MACD shows bullish momentum: the signal line is above the zero line with an expanding histogram, confirming upside potential. KDJ oscillators highlight overbought conditions (K: 78, D: 73, J: 88), suggesting near-term consolidation risk. However, divergence is absent, implying no imminent reversal. MACD’s strength overshadows KDJ’s overbought reading, favoring sustained upward pressure.
Bollinger Bands
Volatility contraction preceded the September breakout, with bands tightening near $205–$215. The surge to $215.72 pushed prices toward the upper band ($218), indicating bullish momentum. A band expansion from this squeeze may amplify upside if $215 holds. Conversely, rejection near the upper band could trigger retracement to the mid-Band ($210), aligning with the 50-day MA.
Volume-Price Relationship
Recent gains are validated by rising volume. The September 10 rally saw 1.43 million shares traded—73% above the 30-day average—confirming buyer conviction. Similarly, the August 19 sell-off ($206.10 close) featured elevated volume (2.05 million shares), cementing $210 as resistance-turned-support. This volume profile reinforces the current uptrend’s sustainability.
Relative Strength Index (RSI)
The 14-day RSI reads 65, in neutral territory but trending upward. It has not breached the overbought threshold (>70) since July, reducing exhaustion concerns. The RSI’s higher low since August 19 contrasts with price, showing positive divergence. While not yet overbought, its trajectory suggests accumulating momentum.
Fibonacci Retracement
Using the June 17 low ($196.89) and July 29 peak ($232.84), key Fibonacci levels emerge. The 61.8% retracement ($212) acted as support in late August, while the 50% level ($215) aligns with current resistance. A close above $218 (38.2% retracement) would target the 23.6% level ($225). Confluence exists at $215, where Fibonacci resistance overlaps with Bollinger Band upper boundary.
Confluence and Divergence
Strong confluence is noted at $212–$215, where Fibonacci support, the 100-day MA, and Bollinger Band squeeze converge—validating this zone as a springboard for further gains. The MACD/RSI divergence in late August signaled trend resilience, though KDJ’s overbought reading may temper short-term upside. No material bearish divergences are observed across oscillators.
Conclusion
Jabil exhibits robust technical structure, with moving averages, volume, and MACD supporting bullish momentum. Near-term consolidation is possible given KJD readings, but sustained trade above $215 likely unlocks a path toward $225. Key supports at $202 (swing low) and $193 (200-day MA) offer downside buffers.