J. Alexander's Holdings Inc C (JAX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:JAX -
We assign a technical rating of 10 out of 10 to JAX. Both in the recent history as in the last year, JAX has proven to be a steady performer, scoring decent points in every aspect analyzed.
JAX has an excellent technical rating and also presents 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 14.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.97, a Stop Loss order could be placed below this zone.
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13.09
2 important support areas can be observed.
- A support zone ranging from 13.78 to 13.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.22 to 13.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 14.01 to 14.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for JAX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JAX is up. |
| ChartMill Relative Strength | 94.62 | POSITIVE | JAX has a high relative strength, it outperformed 94.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JAX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JAX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JAX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.45 | OVERBOUGHT | The high RSI value suggests JAX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests JAX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 80.95 | OVERBOUGHT | The high Stochastics value suggests JAX may be overbought. |
| Average True Range in percent/ATR (20) | 0.18 | LOW VOLATILITY | The low ATR as a percentage value for JAX suggests low volalility. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 14.02 | 13.92 | 0.10 (0.71%) | 25.00% |
| An entry @14.02. This is a Buy Stop order right above the resistance zone. | An exit @13.92. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.10 points, which is 0.71%. | For a 0.18% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
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+0.02 (+0.14%)
J. Alexander's Holdings Inc C / JAX FAQ
What is the technical rating for JAX stock?
ChartMill assigns a technical rating of 9 / 10 to JAX.
What is the current trend direction of J. Alexander's Holdings Inc C (JAX) stock?
The current trend direction for J. Alexander's Holdings Inc C (JAX) is Bullish.
What is the RSI signal for J. Alexander's Holdings Inc C (JAX) stock?
J. Alexander's Holdings Inc C (JAX) has an RSI value of 71.4504. This indicates that the stock is currently overbought.
What is the short term momentum for J. Alexander's Holdings Inc C (JAX) stock?
The short term momentum for J. Alexander's Holdings Inc C (JAX) is positive.
What are the support and resistance levels for J. Alexander's Holdings Inc C (JAX) stock?
J. Alexander's Holdings Inc C (JAX) has a support level at 13.97 and a resistance level at 14.01. Check the full technical report for our detailed analysis of JAX support and resistance levels.