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JOBY

weekly
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BOTTOMING ATTEMPT
Support
$9.75
Resistance
$11.2
JOBY Joby Aviation, Inc. weekly candlestick chart with 50-day and 200-day moving averages, EMA crossovers, and RSI momentum indicator — bottoming attempt as of May 22, 2026
JOBY Weekly chart 2026-05-22 20:38:17 UTC
AI-generated analysis — not financial advice. For educational purposes only.

JOBY Weekly Technical Analysis Summary

As of May 22, 2026, JOBY (Joby Aviation, Inc.) is in a bottoming attempt state on the weekly chart, with a confidence level of 63%. Key support is at $9.75 and key resistance at $11.2. Weekly rebound from ~$8.5–$9 area into a cluster of falling shorter MAs; price (~$10.92) is above EMA100/EMA200 & SMA100 but still below EMA50 and well below SMA50; RSI ~50 (neutral).

Price Scenarios & Targets

bullish

Bullish base-building: hold above the $9.75–$9.10 band, grind up through EMA50 (~$11.15) and then attempt to reclaim the broken range/MA confluence into the low-$12s; fits an Elliott Wave view of a larger ABC correction potentially ending and starting an early impulsive leg (wave 1) off the ~$8.5–$9 swing low.

Price Target
$12.9
Path to target
First move
$11.9
Pullback
$10.2
Final target
$12.9

bearish

Bearish rejection: fail at EMA50/SMA50 gravity zone, lose $9.75 then $9.10; retest the prior swing low region. Elliott-wise this would resemble a renewed wave C/5 down rather than a completed correction. (Roughly aligns with a common Fibonacci retrace failure near the 38.2%–50% zone of the prior downleg.)

Price Target
$8.40
Path to target
First move
$9.10
Pullback
$10.2
Final target
$8.40

Key Triggers

Confirmation & Invalidation

✓ Confirmation

2+ weekly closes above $11.20 (EMA50 area)

✗ Invalidation

Weekly close below $9.10 (EMA200)

Position Entry & Exit Levels

⊕ Add

Start $9.10 – $9.80
Add $8.40 – $9.10
Heavy $7.60 – $8.40

Start near SMA100/EMA200 support band; add on EMA200 loss into prior pivot support; heavy add only if capitulation-style retest near SMA200 (~$7.61) / prior base lows holds.

⊖ Derisk

Trim 1 $12.9 – $14.5
Trim 2 $16.0 – $18.0
Close $19.0 – $21.0

Trim into prior breakdown supply zones and Fibonacci extensions of the rebound; close into retest of the blow-off top region where overhead supply/risk of sharp reversals is highest.

Frequently Asked Questions

What is the weekly technical outlook for JOBY today?

As of May 22, 2026, JOBY (Joby Aviation, Inc.) is in a bottoming attempt state on the weekly chart with 63% confidence. Weekly rebound from ~$8.5–$9 area into a cluster of falling shorter MAs; price (~$10.92) is above EMA100/EMA200 & SMA100 but still below EMA50 and well below SMA50; RSI ~50 (neutral).

What are the weekly support and resistance levels for JOBY?

On the weekly timeframe, JOBY has key support at $9.75 and key resistance at $11.2. The most likely scenario (bullish) targets $11.9 and $12.9, with a revert level at $10.2.

Is JOBY in an uptrend or downtrend?

JOBY (Joby Aviation, Inc.) is currently classified as bottoming attempt on the weekly chart, with 63% confidence. Confirmation requires: 2+ weekly closes above $11.20 (EMA50 area) This would be invalidated by: Weekly close below $9.10 (EMA200)

What are the price targets for JOBY?

The most likely scenario (bullish) targets $11.9 and $12.9, with a revert level at $10.2. The alternative scenario (bearish) targets $9.10 and $8.40.

Other Timeframes for JOBY
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