JADE BIOSCIENCES INC (JBIO) Technical Analysis
NASDAQ:JBIO • US0080642061
Current stock price
JBIO Technical Rating and Analysis
Taking everything into account, JBIO scores 5 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.
- When comparing the yearly performance of all stocks, JBIO is a bad performer in the overall market: 100% of all stocks are doing better.
- JBIO is one of the lesser performing stocks in the Biotechnology industry. 93% of 517 stocks in the same industry do better.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- In the last month JBIO has a been trading in the 12.91 - 16.44 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, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
JBIO Weekly and Daily overview Charts
JBIO Setup Rating and Analysis
JBIO has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
JBIO Support and Resistance Analysis
12.99
2 important support areas can be observed.
- Support @13.39 from a trend line in the daily time frame.
- Support @13.12 from a horizontal line in the daily time frame.
We found 1 important resistance 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.
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 | 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 | 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) | 65.23 | NEUTRAL | The RSI value for JBIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests JBIO has a positive trend. |
| Stochastics (14,3) | 51.54 | NEUTRAL | The Stochastics value for JBIO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.73 | HIGH VOLATILITY | The high ATR as a percentage value for JBIO suggests high volalility. |
| Average Directional Index/ADX (14) | 11.84 | NEGATIVE | The low ADX value for JBIO suggests a weak or negative trend. |
JBIO Chart- and CandleStick Pattern Analysis
JBIO Technicals: Chart, Performance Metrics, Trend & Indicators
16.02
+1.97 (+14.02%)
JADE BIOSCIENCES INC / JBIO TA FAQ
What is the technical rating for JBIO stock?
ChartMill assigns a technical rating of 5 / 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 65.2272. 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 0.157868, indicating a bearish trend.
What is the short term momentum for JBIO stock?
The short term momentum for JADE BIOSCIENCES INC (JBIO) is neutral.