JANUS HENDERSON AAA CLO ETF (JAAA) Stock Technical Analysis
NYSEARCA:JAAA - NYSE Arca - US47103U8457 - ETF - Currency: USD
Taking everything into account, JAAA scores 3 out of 10 in our technical rating. JAAA has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
JAAA has a bad technical rating, but it does show a decent setup pattern. 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 50.49. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 50.48, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
49.28
When analyzing the support we notice one important area.
- A support zone ranging from 49.78 to 50.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 50.49 to 51.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
50.49
0 (0%)