JANUX THERAPEUTICS INC (JANX) Technical Analysis
NASDAQ:JANX • US47103J1051
Current stock price
JANX Technical Rating and Analysis
Overall JANX gets a technical rating of 2 out of 10. In the past year, JANX 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.
- When comparing the yearly performance of all stocks, JANX is a bad performer in the overall market: 86% of all stocks are doing better.
- JANX is one of the lesser performing stocks in the Biotechnology industry. 68% of 517 stocks in the same industry do better.
- JANX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so JANX is lagging the market.
- In the last month JANX has a been trading in the 12.96 - 14.46 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- JANX has an average volume of 1319760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
JANX Weekly and Daily overview Charts
JANX Setup Rating and Analysis
JANX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 14.01, 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
JANX Support and Resistance Analysis
13.59
When analyzing the support we notice one important area.
- A support zone ranging from 13.73 to 14.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 3 important resistance areas.
- Resistance @14.07 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 14.94 to 15.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @24.40 from a trend line in the weekly time frame.
JANX 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 JANX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for JANX is neutral. |
| ChartMill Relative Strength | 14.01 | NEGATIVE | JANX has a low relative strength, it was outperformed by 85.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JANX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JANX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of JANX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.03 | NEUTRAL | The RSI value for JANX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests JANX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.92 | NEUTRAL | The Stochastics value for JANX is a neutral value. |
| Average True Range in percent/ATR (20) | 4 | MEDIUM VOLATILITY | The ATR as a percentage value for JANX suggests some volalility. |
| Average Directional Index/ADX (14) | 10.99 | NEGATIVE | The low ADX value for JANX suggests a weak or negative trend. |
JANX Chart- and CandleStick Pattern Analysis
JANX Technicals: Chart, Performance Metrics, Trend & Indicators
14.06
-0.1 (-0.71%)
JANUX THERAPEUTICS INC / JANX TA FAQ
What is the technical rating for JANX stock?
ChartMill assigns a technical rating of 2 / 10 to JANX.
What is the trend direction for JANX stock?
The current trend direction for JANUX THERAPEUTICS INC (JANX) is Bearish.
Can you provide the RSI signal for JANUX THERAPEUTICS INC?
JANUX THERAPEUTICS INC (JANX) has an RSI value of 53.0283. This indicates that the stock is currently neutral.
What are the support and resistance levels for JANUX THERAPEUTICS INC (JANX) stock?
JANUX THERAPEUTICS INC (JANX) has a support level at 14.01 and a resistance level at 14.07. Check the full technical report for our detailed analysis of JANX support and resistance levels.