U.S. markets closed
  • S&P 500

    4,026.12
    -1.14 (-0.03%)
     
  • Dow 30

    34,347.03
    +152.97 (+0.45%)
     
  • Nasdaq

    11,226.36
    -58.96 (-0.52%)
     
  • Russell 2000

    1,869.19
    +5.67 (+0.30%)
     
  • Crude Oil

    76.28
    -1.66 (-2.13%)
     
  • Gold

    1,754.00
    +8.40 (+0.48%)
     
  • Silver

    21.43
    +0.06 (+0.29%)
     
  • EUR/USD

    1.0405
    -0.0008 (-0.07%)
     
  • 10-Yr Bond

    3.6910
    -0.0150 (-0.40%)
     
  • GBP/USD

    1.2091
    -0.0023 (-0.19%)
     
  • USD/JPY

    139.1000
    +0.5100 (+0.37%)
     
  • BTC-USD

    16,575.12
    +53.58 (+0.32%)
     
  • CMC Crypto 200

    386.97
    +4.32 (+1.13%)
     
  • FTSE 100

    7,486.67
    +20.07 (+0.27%)
     
  • Nikkei 225

    28,283.03
    -100.06 (-0.35%)
     

J.B. Hunt Shares Are Failing to Gain Traction

J.B. Hunt Shares Are Failing to Gain Traction

A fundamental analyst at a sell side firm cut their fundamental rating on J.B. Hunt Transport Services to sector weight from overweight (buy to hold) as they turn cautious on the trucking industry. Let's kick the charts, indicators and tires of J.B. Hunt. Despite price rallies the On-Balance-Volume (OBV) line J.B. Hunt has lost ground the past 12 months as sellers of JBHT have been more aggressive than buyers.