While this happened, BofA Securities downgraded its Jetblue Airways Corp [JBLU] rating to an Underperform from a a Neutral in a research note published recently.
Price Performance Review of JBLU
On Friday, Jetblue Airways Corp [NASDAQ:JBLU] saw its stock jump 0.39% to $7.64. Over the last five days, the stock has lost -0.78%. Jetblue Airways Corp shares have fallen nearly -2.80% since the year began. Nevertheless, the stocks have risen 63.07% over the past one year. While a 52-week high of $8.28 was reached on 01/10/25, a 52-week low of $4.49 was recorded on 01/08/25. SMA at 50 days reached $6.94, while 200 days put it at $6.22.
Levels Of Support And Resistance For JBLU Stock
The 24-hour chart illustrates a support level at 7.48, which if violated will result in even more drops to 7.33. On the upside, there is a resistance level at 7.74. A further resistance level may holdings at 7.84. The Relative Strength Index (RSI) on the 14-day chart is 55.35, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 58.18%. Stochastics %K at 43.64% indicates the stock is a holding.
How much short interest is there in Jetblue Airways Corp?
A steep rise in short interest was recorded in Jetblue Airways Corp stocks on 2024-12-31, growing by 0.74 million shares to a total of 52.63 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 51.89 million shares. There was a rise of 1.41%, which implies that there is a positive sentiment for the stock.
