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Examining the Potential Price Growth of Johnson Controls International plc (JCI)

In a filing, Johnson Controls International plc revealed its EVP and CFO Vandiepenbeeck Marc unloaded Company’s shares for reported $11848.0 on Apr 22 ’24. In the deal valued at $63.70 per share,186 shares were sold. As a result of this transaction, Vandiepenbeeck Marc now holds 44,315 shares worth roughly $2.86 million.

Then, Vandiepenbeeck Marc sold 186 shares, generating $12,183 in total proceeds. Upon selling the shares at $65.50, the EVP and CFO now owns 44,501 shares.

Before that, Vandiepenbeeck Marc sold 186 shares. Johnson Controls International plc shares valued at $11,880 were divested by the EVP and CFO at a price of $63.87 per share. As a result of the transaction, Vandiepenbeeck Marc now holds 44,687 shares, worth roughly $2.89 million.

Mizuho downgraded its Johnson Controls International plc [JCI] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Argus’s analysts, who decreased its forecast for the stock in mid February from “a Buy” to “a Hold”. HSBC Securities also remained covering JCI and has decreased its forecast on January 31, 2024 with a “Hold” recommendation from previously “Buy” rating. Deutsche Bank revised its rating on January 31, 2024. It rated JCI as “a Hold” which previously was an “a Buy”.

Price Performance Review of JCI

On Monday, Johnson Controls International plc [NYSE:JCI] saw its stock jump 1.54% to $64.64. Over the last five days, the stock has gained 0.37%. Johnson Controls International plc shares have risen nearly 12.14% since the year began. Nevertheless, the stocks have risen 10.33% over the past one year. While a 52-week high of $70.43 was reached on 04/04/24, a 52-week low of $47.90 was recorded on 01/17/24. SMA at 50 days reached $61.90, while 200 days put it at $57.91. A total of 3.2 million shares were traded, compared to the trading of 5.22 million shares in the previous session.

Levels Of Support And Resistance For JCI Stock

The 24-hour chart illustrates a support level at 63.84, which if violated will result in even more drops to 63.05. On the upside, there is a resistance level at 65.29. A further resistance level may holdings at 65.95. The Relative Strength Index (RSI) on the 14-day chart is 57.17, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.68, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 55.56%. Stochastics %K at 25.93% indicates the stock is a holding.

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