JAZZ PHARMACEUTICALS PLC (JAZZ) Stock Technical Analysis
USA - NASDAQ:JAZZ - IE00B4Q5ZN47 - Common Stock
125.22 USD
-0.94 (-0.75%)
125.22 USD
0 (0%)
Overall JAZZ gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, JAZZ is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
JAZZ is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Looking at the yearly performance, JAZZ did better than 72% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
JAZZ is an average performer in the Pharmaceuticals industry, it outperforms 62% of 196 stocks in the same industry.
JAZZ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so JAZZ is lagging the market.
Besides having an excellent technical rating, JAZZ also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 130.95. Right above this resistance zone may be a good entry point.
More info and screens
105.83
133.05
When analyzing the support we can see 4 important areas.
- Support @125.21 from a horizontal line in the daily time frame.
- A support zone ranging from 118.54 to 120.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @109.60 from a trend line in the daily time frame.
- A support zone ranging from 106.90 to 107.01. 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 130.95 to 131.73. This zone is formed by a combination of multiple trend lines 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 | 72.61 | POSITIVE | JAZZ has a high relative strength, it outperformed 72.61% 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) | DOWN | MIXED | The current price of JAZZ is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.78 | NEUTRAL | The RSI value for JAZZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.56 | NEGATIVE | The MACD value suggests JAZZ has a negative trend. |
| Stochastics (14,3) | 40.54 | NEUTRAL | The Stochastics value for JAZZ is a neutral value. |
| Average True Range in percent/ATR (20) | 2.34 | MEDIUM VOLATILITY | The ATR as a percentage value for JAZZ suggests some volalility. |
| Average Directional Index/ADX (14) | 27.67 | POSITIVE | The high ADX value value for JAZZ suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 128.41 | 125.20 | 3.21 (2.50%) | 25.00% |
| An entry @128.41. This is a Buy Stop order right above the 10 day moving average. | An exit @125.20. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.21 points, which is 2.50%. | For a 0.63% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of JAZZ. Please evaluate whether better entry and exit points can be found.
- 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.
125.22
-0.94 (-0.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.75%
1 Week-3.57%
2 Weeks-1.98%
1 Month6.33%
3 Month16.47%
6 Month-9.76%
12 Month13.06%
2 Year-3.26%
3 Year-6.05%
5 Year-12.18%
10 Year-5.71%
15 Year1067.01%
Volatility
ATR(14)3.06
ATR(20)%2.34%
ATR Inc-22.47%
Range Today2.37
ADR(20)2.88
ADR(20)%2.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.61
Mansfield-0.49
10 Day High133
10 Day Low123.88
20 Day High133
20 Day Low117.1
52 Week High148.06
52 Week Low95.49
CS1 End125.21
CR1 Start130.95
Volume & EV
DER(3)-1.67%
DER(5)-1.3%
Volume580.65K
Volume Incr-15.13%
Vol(5)631.41K
Vol(50)744.28K