The latest moving average crossover on Joby stock’s daily chart presents a bullish signal, particularly with the 50-day MA breaking above the 200-day MA, hinting at an extended upward trend. Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing. On the regulatory front, Joby's progress with the FAA has been equally impressive. By February 2025 , the company reported record advancements on the fourth of the five stages required for FAA certification, with 70% of Stage 4 completed by Q2 2025 . The company anticipates Type Inspection Authorization (TIA) flight testing to begin within the next 12 months, with FAA test pilots already evaluating the aircraft's flight deck in a simulator in January 2025 . Joby is currently preparing for the final assembly of its first conforming aircraft, specifically designed for TIA flight tests, with company pilots expected to begin flying it in 2025, followed closely by FAA pilots for direct evaluation. A significant milestone was reached in September 2025 when Joby joined the newly announced FAA-led eVTOL Integration Pilot Program (eIPP), a clear signal from regulators to accelerate the deployment of eVTOL aircraft and air taxi services, potentially allowing limited operations even before full Type Certification. These consistent regulatory advancements, coupled with the delivery of its first eVTOL air taxi to Edwards Air Force Base in September 2023 (followed by a second in Q4 2024) under a $131 million contract with the U.S. Air Force, have collectively fueled investor optimism, propelling Joby's stock to an all-time high of approximately $20.95 in early August 2025. Short-term trading models point to Joby stock having strong resistance around $6.