JADE BIOSCIENCES INC (JBIO) Technical Analysis
NASDAQ:JBIO • US0080642061
Current stock price
JBIO Technical Rating and Analysis
Taking everything into account, JBIO 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, JBIO is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that JBIO is one of the better performing stocks in the market, outperforming 92% of all stocks.
- JBIO is part of the Biotechnology industry. There are 515 other stocks in this industry. JBIO outperforms 78% of them.
- JBIO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so JBIO is lagging the market slightly.
- In the last month JBIO has a been trading in the 13.93 - 28.00 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days.
JBIO Weekly and Daily overview Charts
JBIO Setup Rating and Analysis
Although JBIO has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
JBIO Support and Resistance Analysis
12.99
We found 3 important support areas.
- Support @14.35 from a trend line in the weekly time frame.
- Support @13.80 from a trend line in the daily time frame.
- Support @13.12 from a horizontal line in the daily time frame.
JBIO Technical Indicator Signal Analysis
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 JBIO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JBIO is up. |
| ChartMill Relative Strength | 92.58 | POSITIVE | JBIO has a high relative strength, it outperformed 92.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JBIO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JBIO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JBIO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.38 | NEUTRAL | The RSI value for JBIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests JBIO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.49 | NEUTRAL | The Stochastics value for JBIO is a neutral value. |
| Average True Range in percent/ATR (20) | 8.43 | HIGH VOLATILITY | The high ATR as a percentage value for JBIO suggests high volalility. |
| Average Directional Index/ADX (14) | 53.35 | POSITIVE | The high ADX value value for JBIO suggests a strong trend. |
JBIO Chart- and CandleStick Pattern Analysis
JBIO Technicals: Chart, Performance Metrics, Trend & Indicators
22.32
-4.13 (-15.61%)
JADE BIOSCIENCES INC / JBIO TA FAQ
What is the technical rating for JBIO stock?
ChartMill assigns a technical rating of 10 / 10 to JBIO.
What is the trend direction for JBIO stock?
The current trend direction for JADE BIOSCIENCES INC (JBIO) is Bullish.
What is the RSI signal for JBIO stock?
JADE BIOSCIENCES INC (JBIO) has an RSI value of 57.3849. This indicates that the stock is currently neutral.
What is the MACD signal for JADE BIOSCIENCES INC (JBIO) stock?
The MACD indicator for JADE BIOSCIENCES INC (JBIO) has a value of 0.258932, indicating a bearish trend.
What is the short term momentum for JBIO stock?
The short term momentum for JADE BIOSCIENCES INC (JBIO) is positive.