John Bean Technologies shares are now in a bearish trend in both the short, medium and long term as the price crossed the 20-day moving average yesterday. The negative picture remains valid unless the 20-day moving average is breached to the upside, currently at 93.83, for which the price is likely to rise to 6.02%.
As long as no GD is crossed out, the next price target is the 12-month low of 85.00 set on 09/23/2022, which means there is a provisional downside potential of 3.95%.
John Bean Technologies in a peer comparison
The strongest stock in the peer group comparison is currently Rollins stock with a GD-200 gap of 22.60%.
