JADE BIOSCIENCES INC (JBIO) Stock Technical Analysis
USA - NASDAQ:JBIO - US0080642061 - Common Stock
Overall JBIO gets a technical rating of 7 out of 10. Although JBIO is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although JBIO has an excellent technical rating, the quality of the presented setup is not ideal 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
6.82
We found 2 important support areas.
- A support zone ranging from 9.29 to 9.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.89 from a horizontal line 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 JBIO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JBIO is up. |
| 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). |
| Relative Strength Index/RSI (14) | 60.48 | NEUTRAL | The RSI value for JBIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests JBIO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.64 | NEUTRAL | The Stochastics value for JBIO is a neutral value. |
| Average True Range in percent/ATR (20) | 8.18 | HIGH VOLATILITY | The high ATR as a percentage value for JBIO suggests high volalility. |
| Average Directional Index/ADX (14) | 21.52 | NEUTRAL | The ADX value for JBIO suggests a possible start of a new trend. |
11.48
-0.98 (-7.87%)
JADE BIOSCIENCES INC / JBIO FAQ
What is the technical rating for JBIO stock?
ChartMill assigns a technical rating of 7 / 10 to JBIO.
Can you provide the trend direction for JADE BIOSCIENCES INC?
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 60.4772. This indicates that the stock is currently neutral.
What is the short term momentum for JADE BIOSCIENCES INC (JBIO) stock?
The short term momentum for JADE BIOSCIENCES INC (JBIO) is positive.
What is the buy/sell signal for JADE BIOSCIENCES INC (JBIO) stock?
The buy/sell signal for JADE BIOSCIENCES INC (JBIO) is buy as both the short term and long term trends are positive.