JAKKS PACIFIC INC (JAKK) Stock Technical Analysis
NASDAQ:JAKK - Nasdaq - US47012E4035 - Common Stock - Currency: USD
Taking everything into account, JAKK scores 3 out of 10 in our technical rating. In the past year, JAKK was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
JAKK is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
When comparing the performance of all stocks over the past year, JAKK turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
JAKK is part of the Leisure Products industry. There are 30 other stocks in this industry, JAKK did better than 58% of them.
In the last month JAKK has a been trading in the 19.40 - 23.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, JAKK does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. 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
17.72
35.15
When analyzing the support we can see 4 important areas.
- A support zone ranging from 20.41 to 20.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @18.91 from a trend line in the weekly time frame.
- Support @18.53 from a horizontal line in the weekly time frame.
- Support @17.90 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- Resistance @20.72 from a trend line in the daily time frame.
- A resistance zone ranging from 21.68 to 21.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 23.17 to 23.17. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @33.57 from a trend line in the weekly time frame.
- Resistance @34.80 from a horizontal line in the weekly time frame.
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 JAKK is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for JAKK is neutral. |
| ChartMill Relative Strength | 49.13 | NEUTRAL | JAKK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of JAKK is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JAKK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of JAKK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.08 | NEUTRAL | The RSI value for JAKK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests JAKK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.58 | NEUTRAL | The Stochastics value for JAKK is a neutral value. |
| Average True Range in percent/ATR (20) | 4.5 | MEDIUM VOLATILITY | The ATR as a percentage value for JAKK suggests some volalility. |
| Average Directional Index/ADX (14) | 14.74 | NEGATIVE | The low ADX value for JAKK suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
20.72
-0.06 (-0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg-0.29%
1 Week0.53%
2 Weeks-4.82%
1 Month5.77%
3 Month0.97%
6 Month-27.02%
12 Month15.69%
2 Year-0.58%
3 Year-7.46%
5 Year279.49%
10 Year-78.96%
15 Year-86.87%
Volatility
ATR(14)0.95
ATR(20)%4.5%
ATR Inc-15.22%
Range Today0.97
ADR(20)0.89
ADR(20)%4.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.13
Mansfield-2.1
10 Day High21.84
10 Day Low19.67
20 Day High23.3
20 Day Low19.4
52 Week High35.79
52 Week Low17.2
CS1 End18.88
CR1 Start20.66
Volume & EV
DER(3)0.82%
DER(5)2.39%
Volume132.20K
Volume Incr-21.36%
Vol(5)116.56K
Vol(50)153.55K