Joby Aviation Inc (JOBY)

Joby Aviation Inc is trading at $4.62, down 1.70% on the session. The 50 day average sits at $6.59 and the 200 day at $9.14, which puts the stock in a downtrend. RSI is at 21.7, which reads as oversold, and MACD is bearish crossover. Volume is below average.

The nearest support is around $4.43 with resistance near $6.57, so that band frames the current range. Average daily movement is roughly $0.29, or about 6.2% of the share price, which is what any stop placement has to allow for. The overall health score of 24 out of 100 combines a trend score of 0, momentum of 28 and a risk score of 56.

Joby Aviation, Inc., an air mobility company, engages in research, develop, test, manufacture, and sale of electric vertical takeoff and landing aircraft in the United States, Japan, Europe, and internationally. The company offers facilitation of passenger transportation via helicopter or fixed wing aircraft. It is also involved in the provision of government flight services, customer demonstration, and engineering services; and exhibition activities. Joby Aviation, Inc. was founded in 2009 and is headquartered in Santa Cruz, California.