JANX Technical Analysis - JANUX THERAPEUTICS INC

Technical Rating and Analysis

Overall JANX gets a technical rating of 0 out of 10. JANX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

93% of all other stocks performed better in the past year than JANX.

JANX is part of the Biotechnology industry. There are 538 other stocks in this industry, of which 73% are performing better than JANX.

JANX is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.

In the last month JANX has a been trading in the 21.73 - 25.55 range, which is quite wide. It is currently trading near the lows of this range.

Prices have been falling strongly lately, it is better to avoid new long positions here.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

JANUX THERAPEUTICS INC / JANX Weekly stock chart

JANUX THERAPEUTICS INC / JANX Daily stock chart

Setup Rating and Analysis

The technical rating of JANX is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

21.55

25.76

We can see 2 important resistance areas.

A resistance zone ranging from 23.34 to 24.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @25.50 from a horizontal line in the daily time frame.

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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	DOWN	NEGATIVE	The short term trend for JANX is down.
ChartMill Relative Strength	7	NEGATIVE	JANX has a low relative strength, it was outperformed by 93% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of JANX is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of JANX is below a declining 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)	37.35	NEUTRAL	The RSI value for JANX is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.16	NEGATIVE	The MACD value suggests JANX has a negative trend.
Stochastics (14,3)	5.48	OVERSOLD	The low Stochastics value suggests JANX may be oversold.
Average True Range in percent/ATR (20)	5.25	HIGH VOLATILITY	The high ATR as a percentage value for JANX suggests high volalility.
Average Directional Index/ADX (14)	12.36	NEGATIVE	The low ADX value for JANX suggests a weak or negative trend.