JHX is trading at 29.86 in a Stage 2 advancing phase, holding above a rising 30-week moving average with the trend template passing 7 of 8 checks. The market is focused on a four-week consolidation that is 8.4 percent deep with a pivot at 31.08, though it has not yet formed a complete base or VCP contraction sequence. Sentiment is bullish, with the stock just 3.9 percent off its 52-week high and 78.9 percent above its 52-week low, keeping the offensive setup intact.
Technical Analysis
As of 2026-09-08 · Close $29.86
Stage Analysis
Stage 2 (Advancing) — Price holding above a rising 30-week MA — uptrend intact (30-week MA 6-week slope: 4.46%)
Detected Patterns — What the Market Is Watching
- Consolidation (not yet a fully-formed base) — depth 8.4%, length 4 weeks, pivot $31.08
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