INNOVATOR EQ DEF PROT 2YJ26 (AJAN) Stock Technical Analysis
NYSEARCA:AJAN - NYSE Arca - US45783Y4180 - ETF - Currency: USD
Taking everything into account, AJAN scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AJAN is showing a nice and steady performance.
Besides having an excellent technical rating, AJAN also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 26.53. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 26.33, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
25.10
When analyzing the support we notice one important area.
- A support zone ranging from 25.35 to 26.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 26.53 to 26.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 26.57 | 26.13 | 0.44 (1.65%) | 25.00% |
| An entry @26.57. This is a Buy Stop order right above the resistance zone. | An exit @26.13. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.44 points, which is 1.65%. | For a 0.41% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:AJAN (5/8/2025, 8:04:02 PM)
26.3864
+0.04 (+0.14%)