JADE BIOSCIENCES INC (JBIO) Stock Technical Analysis
NASDAQ:JBIO • US0080642061
Taking everything into account, JBIO scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, JBIO is a bad performer.
- 100% of all other stocks performed better in the past year than JBIO.
- JBIO is part of the Biotechnology industry. There are 522 other stocks in this industry, of which 93% are performing better than JBIO.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- In the last month JBIO has a been trading in the 13.39 - 17.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
JBIO has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 17.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.00, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for JBIO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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6.82
When analyzing the support we can see 4 important areas.
- A support zone ranging from 14.77 to 15.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @13.52 from a horizontal line in the weekly time frame.
- Support @13.11 from a horizontal line in the daily time frame.
- Support @6.89 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 17.03 to 17.03. 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 JBIO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for JBIO is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | JBIO has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of JBIO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JBIO is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 49.55 | NEUTRAL | The RSI value for JBIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests JBIO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.82 | NEUTRAL | The Stochastics value for JBIO is a neutral value. |
| Average True Range in percent/ATR (20) | 9.61 | HIGH VOLATILITY | The high ATR as a percentage value for JBIO suggests high volalility. |
| Average Directional Index/ADX (14) | 15.09 | NEGATIVE | The low ADX value for JBIO suggests a weak or negative 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 |
|---|---|---|---|
| 17.04 | 14.76 | 2.28 (13.38%) | 7.47% |
| An entry @17.04. This is a Buy Stop order right above the resistance zone. | An exit @14.76. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.28 points, which is 13.38%. | When investing 7.47% 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.
15.03
+0.22 (+1.49%)
JADE BIOSCIENCES INC / JBIO FAQ
What is the technical rating for JBIO stock?
ChartMill assigns a technical rating of 6 / 10 to JBIO.
What is the trend direction for JBIO stock?
The current trend direction for JADE BIOSCIENCES INC (JBIO) is Bullish.
Can you provide the RSI signal for JADE BIOSCIENCES INC?
JADE BIOSCIENCES INC (JBIO) has an RSI value of 49.5498. This indicates that the stock is currently neutral.
What is the short term momentum for JBIO stock?
The short term momentum for JADE BIOSCIENCES INC (JBIO) is neutral.