Taking this into account, 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 Monday, Jetblue Airways Corp [NASDAQ:JBLU] saw its stock jump 0.25% to $8.09. Over the last five days, the stock has gained 5.89%. Jetblue Airways Corp shares have risen nearly 2.93% since the year began. Nevertheless, the stocks have risen 59.57% over the past one year. While a 52-week high of $8.31 was reached on 01/21/25, a 52-week low of $4.49 was recorded on 01/08/25. SMA at 50 days reached $7.12, while 200 days put it at $6.25.
Levels Of Support And Resistance For JBLU Stock
The 24-hour chart illustrates a support level at 7.96, which if violated will result in even more drops to 7.84. On the upside, there is a resistance level at 8.21. A further resistance level may holdings at 8.34. The Relative Strength Index (RSI) on the 14-day chart is 62.86, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.27, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 19.47%. Stochastics %K at 74.63% 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.
