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Is JOBY showing downside potential? New 52 Week Closing Low shows up after crashing 8.39%

Joby Aviation, Inc. (JOBY) — SwingTradeBot Technical Analysis Report · Jul 29, 2026, 17:52 ET
On Wednesday, July 29th, JOBY moved down 8.39% while volume shrunk to 0.7× the usual levels. Multiple bearish signals emerged — New 52 Week Low, New 52 Week Closing Low & MACD Bearish Signal Line Cross — suggesting potential weakness ahead. Key support levels exist at 6.45, 6.25 & 5.86, with resistance at 7.04, 7.43 & 7.63.

Current SwingTradeBot Technical Rating of JOBY: F

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Joby Aviation, Inc. (JOBY)