Taking everything into account, JAZZ scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, JAZZ is showing a nice and steady performance.
Besides having an excellent technical rating, JAZZ also presents 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 163.94, a Stop Loss order could be placed below this zone.
143.23
We found 3 important support areas.
We can see 2 important resistance areas.
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 JAZZ is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for JAZZ is neutral. |
| ChartMill Relative Strength | 88.38 | POSITIVE | JAZZ has a high relative strength, it outperformed 88.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JAZZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JAZZ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JAZZ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.23 | NEUTRAL | The RSI value for JAZZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.47 | NEGATIVE | The MACD value suggests JAZZ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 59.33 | NEUTRAL | The Stochastics value for JAZZ is a neutral value. |
| Average True Range in percent/ATR (20) | 2.99 | MEDIUM VOLATILITY | The ATR as a percentage value for JAZZ suggests some volalility. |
| Average Directional Index/ADX (14) | 22.83 | NEUTRAL | The ADX value for JAZZ suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 176.95 | 160.09 | 16.86 (9.53%) | 10.50% |
| An entry @176.95. This is a Buy Stop order right above the resistance zone. | An exit @160.09. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 16.86 points, which is 9.53%. | When investing 10.50% of your capital in this trade, your total portfolio risk will be 1.00%. |
171.16
+0.35 (+0.2%)
ChartMill assigns a technical rating of 9 / 10 to JAZZ.
The current trend direction for JAZZ PHARMACEUTICALS PLC (JAZZ) is Bullish.
JAZZ PHARMACEUTICALS PLC (JAZZ) has an RSI value of 56.2349. This indicates that the stock is currently neutral.
The MACD indicator for JAZZ PHARMACEUTICALS PLC (JAZZ) has a value of -0.465865, indicating a bearish trend.
The short term momentum for JAZZ PHARMACEUTICALS PLC (JAZZ) is neutral.