JOHNSON CONTROLS INTERNATION (JCI) Stock Technical Analysis
USA - NYSE:JCI - IE00BY7QL619 - Common Stock
Taking everything into account, JCI scores 9 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, JCI is showing a nice and steady performance.
JCI has an excellent technical rating and 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 111.73. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 107.21, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
75.60
When analyzing the support we can see 3 important areas.
- A support zone ranging from 101.97 to 107.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @79.22 from a trend line in the weekly time frame.
- Support @76.36 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 111.73 to 111.73. 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 JCI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for JCI is neutral. |
| ChartMill Relative Strength | 82.61 | POSITIVE | JCI has a high relative strength, it outperformed 82.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JCI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JCI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JCI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.54 | NEUTRAL | The RSI value for JCI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests JCI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.85 | NEUTRAL | The Stochastics value for JCI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for JCI suggests some volalility. |
| Average Directional Index/ADX (14) | 10.85 | NEGATIVE | The low ADX value for JCI 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 |
|---|---|---|---|
| 111.74 | 104.02 | 7.72 (6.91%) | 14.47% |
| An entry @111.74. This is a Buy Stop order right above the resistance zone. | An exit @104.02. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 7.72 points, which is 6.91%. | When investing 14.47% 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.
107.41
+0.45 (+0.42%)