Use advanced tools to confirm the Bullish Flag on JCI before you trade.
Bullish continuation if preceding move was up.
Consolidation. Can break either way.
Bullish continuation pattern.
Reversal pattern. Price likely to break downwards.
Sideways movement between parallel supports.
Technical analysis of Johnson Controls (JCI) reveals a significant setup. The stock is trading at $132.97, down 1.3% on the day. Price action has carved out a classic Bullish Flag. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $138.38, targeting $174.92 with support near $125.91 (R:R 2.93).
What is your outlook on JCI?