Taking everything into account, JAZZ scores 10 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. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 169.79, 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
135.42
We found 5 important support areas.
- A support zone ranging from 166.98 to 169.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @162.25 from a horizontal line in the daily time frame.
- Support @145.30 from a trend line in the daily time frame.
- Support @142.08 from a trend line in the weekly time frame.
- Support @136.79 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @180.91 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for JAZZ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JAZZ is up. |
| ChartMill Relative Strength | 90.96 | POSITIVE | JAZZ has a high relative strength, it outperformed 90.96% 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) | 62.9 | NEUTRAL | The RSI value for JAZZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.38 | NEGATIVE | The MACD value suggests JAZZ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 81.52 | OVERBOUGHT | The high Stochastics value suggests JAZZ may be overbought. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for JAZZ suggests some volalility. |
| Average Directional Index/ADX (14) | 29 | POSITIVE | The high ADX value value for JAZZ suggests a strong 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 |
|---|---|---|---|
| 174.12 | 166.97 | 7.15 (4.11%) | 24.35% |
| An entry @174.12. This is a Buy Stop order right above the 10 day high. | An exit @166.97. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 7.15 points, which is 4.11%. | When investing 24.35% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
173.15
+3.15 (+1.85%)
JAZZ PHARMACEUTICALS PLC / JAZZ FAQ
Can you provide the ChartMill technical rating for JAZZ PHARMACEUTICALS PLC?
ChartMill assigns a technical rating of 10 / 10 to JAZZ.
Can you provide the trend direction for JAZZ PHARMACEUTICALS PLC?
The current trend direction for JAZZ PHARMACEUTICALS PLC (JAZZ) is Bullish.
Can you provide the RSI signal for JAZZ PHARMACEUTICALS PLC?
JAZZ PHARMACEUTICALS PLC (JAZZ) has an RSI value of 62.9016. This indicates that the stock is currently neutral.
What is the MACD signal for JAZZ stock?
The MACD indicator for JAZZ PHARMACEUTICALS PLC (JAZZ) has a value of -0.375491, indicating a bearish trend.
What is the short term momentum for JAZZ PHARMACEUTICALS PLC (JAZZ) stock?
The short term momentum for JAZZ PHARMACEUTICALS PLC (JAZZ) is positive.