Thursday, November 09, 2017 2:52:19 PM
Today, leading global diversified technology and multi industrial company, Johnson Controls International plc (NYSE:JCI), is declining lower by nearly 6.0 percent. The fall in JCI stock comes after the company reported earnings and guided FY18 below consensus. These days if a company's guidance is poor the stock will usually suffer.
JCI stock is now trading below its important 200 and 50-day moving averages. This puts the stock in a weak technical chart position. Often when a stock sells off with this pattern and volume it will signal further downside is in the cards before a bottom can be found. Traders should now watch the $34.50 area as the next major support level. This institutional support area is where the stock broke out in April 2016. Generally, when stocks test past breakout levels they will initially be supported by the institutional crowd.
Nicholas Santiago
InTheMoneyStocks
Recent JCI News
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/10/2024 08:49:55 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/10/2024 08:43:55 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/10/2024 04:05:39 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/07/2024 09:44:30 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/07/2024 09:16:09 PM
- JOHNSON CONTROLS APPOINTS CHRIS BONTEMPO AS VICE PRESIDENT AND CHIEF MARKETING OFFICER • PR Newswire (US) • 05/07/2024 01:00:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/06/2024 08:32:43 PM
- Johnson Controls Reports Solid Q2 Results; Maintains FY24 Guidance • PR Newswire (US) • 05/01/2024 10:55:00 AM
- Sensormatic Solutions Showcases New, Sustainable SPX AM Label Designed to Protect Merchandise and the Environment • Business Wire • 04/23/2024 01:00:00 PM
- JOHNSON CONTROLS REPORTS SOLID PROGRESS TOWARD SUSTAINABILITY TARGETS IN 2024 SUSTAINABILITY REPORT • PR Newswire (US) • 04/22/2024 01:00:00 PM
- JOHNSON CONTROLS PRICES SENIOR NOTES OFFERING • PR Newswire (US) • 04/16/2024 09:16:00 PM
- JOHNSON CONTROLS ANNOUNCES SECOND QUARTER 2024 EARNINGS CONFERENCE CALL WEBCAST • PR Newswire (US) • 04/11/2024 12:30:00 PM
- JOHNSON CONTROLS ANNOUNCES QUARTERLY DIVIDEND • PR Newswire (US) • 03/13/2024 12:45:00 PM
- JOHNSON CONTROLS FOUNDATION SUPPORTS AMERICAN RED CROSS DISASTER RELIEF EFFORTS WITH $1 MILLION DONATION • PR Newswire (US) • 03/12/2024 01:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/11/2024 09:44:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/11/2024 09:42:25 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/11/2024 09:39:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/11/2024 09:29:44 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/11/2024 09:29:01 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/11/2024 09:28:17 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/11/2024 09:27:19 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/11/2024 09:15:56 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/11/2024 09:15:08 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/11/2024 09:07:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 08:20:16 PM
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