The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Jetblue Airways Corp shares valued at $614,340 were purchased by Mittal Nik on Feb 04 ’25. At $6.14 per share, Mittal Nik acquired 100,000 shares. The insider’s holdings grew to 116,443 shares worth approximately $0.77 million following the completion of this transaction.
As published in a research note from Seaport Research Partners on January 28, 2025, Jetblue Airways Corp [JBLU] has been rated down from a Buy to a Neutral. Analysts at BofA Securities downgraded the stock from ‘”a Neutral”‘ to ‘”an Underperform”‘ outlook in a report released in mid January.
Analyzing JBLU Stock Performance
During the last five days, there has been a surge of approximately 8.01%. Over the course of the year, Jetblue Airways Corp shares have dropped approximately -15.90%. Shares of the company reached a 52-week high of $8.31 on 01/21/25 and a 52-week low of $5.74 on 01/29/25. A 50-day SMA is recorded $7.12, while a 200-day SMA reached $6.22. Nevertheless, trading volume fell to 16.81 million shares from 18.0 million shares the previous day.
Support And Resistance Levels for Jetblue Airways Corp (JBLU)
According to the 24-hour chart, there is a support level at 6.33, which, if violated, would cause prices to drop to 6.06. In the upper region, resistance lies at 6.77. The next price resistance is at 6.94. RSI (Relative Strength Index) is 46.01 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.10, which suggests the price will decrease in the coming days. Percent R is at 64.78%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
