JAZZ PHARMACEUTICALS PLC (JAZZ) Stock Technical Analysis
USA - NASDAQ:JAZZ - IE00B4Q5ZN47 - Common Stock
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. Another positive sign is the recent Pocket Pivot signal.
- 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.
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105.94
When analyzing the support we can see 4 important areas.
- Support @138.46 from a trend line in the daily time frame.
- A support zone ranging from 125.21 to 126.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @113.54 from a trend line in the daily time frame.
- Support @107.01 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 142.07 to 144.18. 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 JAZZ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JAZZ is up. |
| ChartMill Relative Strength | 82.13 | POSITIVE | JAZZ has a high relative strength, it outperformed 82.13% 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) | 61.9 | NEUTRAL | The RSI value for JAZZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests JAZZ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 79.51 | NEUTRAL | The Stochastics value for JAZZ is a neutral value. |
| Average True Range in percent/ATR (20) | 2.37 | MEDIUM VOLATILITY | The ATR as a percentage value for JAZZ suggests some volalility. |
| Average Directional Index/ADX (14) | 23.1 | 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 |
|---|---|---|---|
| 144.19 | 138.45 | 5.74 (3.98%) | 25.00% |
| An entry @144.19. This is a Buy Stop order right above the resistance zone. | An exit @138.45. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 5.74 points, which is 3.98%. | For a 1.00% 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.
138.53
+0.35 (+0.25%)
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.
What is the current trend direction of JAZZ PHARMACEUTICALS PLC (JAZZ) stock?
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 61.8997. This indicates that the stock is currently neutral.
Can you provide the MACD signal for JAZZ PHARMACEUTICALS PLC?
The MACD indicator for JAZZ PHARMACEUTICALS PLC (JAZZ) has a value of -0.135784, indicating a bearish trend.
What is the short term momentum for JAZZ stock?
The short term momentum for JAZZ PHARMACEUTICALS PLC (JAZZ) is positive.