CALLAN JMB INC (CJMB) Technical Analysis
NASDAQ:CJMB • US1311001093
Current stock price
CJMB Technical Rating and Analysis
Taking everything into account, CJMB scores 3 out of 10 in our technical rating. In the past year, CJMB was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 78% of all other stocks performed better in the past year than CJMB.
- CJMB is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CJMB is lagging the market.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- CJMB has an average volume of 4445670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- CJMB is an average performer in the Air Freight & Logistics industry, it outperforms 45% of 23 stocks in the same industry.
- In the last month CJMB has a been trading in the 1.44 - 2.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CJMB Weekly and Daily overview Charts
CJMB Setup Rating and Analysis
Although the technical rating is bad, CJMB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.96. Right above this resistance zone may be a good entry point. 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
CJMB Support and Resistance Analysis
1.93
4 important resistance areas can be observed.
- A resistance zone ranging from 1.96 to 2.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.26 from a trend line in the weekly time frame.
- Resistance @3.66 from a trend line in the daily time frame.
- Resistance @4.29 from a horizontal line in the daily time frame.
CJMB Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CJMB is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CJMB is neutral. |
| ChartMill Relative Strength | 22.12 | NEGATIVE | CJMB has a low relative strength, it was outperformed by 77.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CJMB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CJMB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CJMB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.63 | NEUTRAL | The RSI value for CJMB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests CJMB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.13 | NEUTRAL | The Stochastics value for CJMB is a neutral value. |
| Average True Range in percent/ATR (20) | 9.26 | HIGH VOLATILITY | The high ATR as a percentage value for CJMB suggests high volalility. |
| Average Directional Index/ADX (14) | 30.16 | POSITIVE | The high ADX value value for CJMB suggests a strong trend. |
CJMB Chart- and CandleStick Pattern Analysis
CJMB Technicals: Chart, Performance Metrics, Trend & Indicators
1.95
+0.05 (+2.63%)
CALLAN JMB INC / CJMB TA FAQ
What is the technical rating for CJMB stock?
ChartMill assigns a technical rating of 3 / 10 to CJMB.
What is the current trend direction of CALLAN JMB INC (CJMB) stock?
The current trend direction for CALLAN JMB INC (CJMB) is Bearish.
What is the RSI signal for CJMB stock?
CALLAN JMB INC (CJMB) has an RSI value of 56.6259. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CALLAN JMB INC?
The short term momentum for CALLAN JMB INC (CJMB) is neutral.