We assign a technical rating of 10 out of 10 to JAZZ. 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. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 167.49, a Stop Loss order could be placed below this zone.
132.47
4 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 | 90.05 | POSITIVE | JAZZ has a high relative strength, it outperformed 90.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of JAZZ is below 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) | 57.65 | NEUTRAL | The RSI value for JAZZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2 | NEGATIVE | The MACD value suggests JAZZ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.01 | NEUTRAL | The Stochastics value for JAZZ is a neutral value. |
| Average True Range in percent/ATR (20) | 3.99 | MEDIUM VOLATILITY | The ATR as a percentage value for JAZZ suggests some volalility. |
| Average Directional Index/ADX (14) | 34.77 | 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 |
|---|---|---|---|
| 175.56 | 166.69 | 8.87 (5.05%) | 19.79% |
| An entry @175.56. This is a Buy Stop order right above the 10 day high. | An exit @166.69. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 8.87 points, which is 5.05%. | When investing 19.79% of your capital in this trade, your total portfolio risk will be 1.00%. |
167.5
+2.61 (+1.58%)
ChartMill assigns a technical rating of 10 / 10 to JAZZ.
The current trend direction for JAZZ PHARMACEUTICALS PLC (JAZZ) is Bullish.
JAZZ PHARMACEUTICALS PLC (JAZZ) has an RSI value of 57.6545. This indicates that the stock is currently neutral.
The MACD indicator for JAZZ PHARMACEUTICALS PLC (JAZZ) has a value of -1.99787, indicating a bearish trend.
The short term momentum for JAZZ PHARMACEUTICALS PLC (JAZZ) is positive.