COMMUNICATIONS SYSTEMS INC (JCS) Technical Analysis
NASDAQ:JCS
Current stock price
JCS Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to JCS. JCS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, JCS is a bad performer in the overall market: 89% of all stocks are doing better.
- JCS is one of the lesser performing stocks in the Communications Equipment industry. 87% of 48 stocks in the same industry do better.
- JCS is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so JCS is lagging the market.
- In the last month JCS has a been trading in the 7.32 - 9.52 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
JCS Weekly and Daily overview Charts
JCS Setup Rating and Analysis
JCS has a bad 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 8.90. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.84, a Stop Loss order could be placed below this zone.
More info and screens
JCS Support and Resistance Analysis
7.71
When analyzing the support we notice one important area.
- A support zone ranging from 7.79 to 7.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 8.90 to 8.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.04 from a horizontal line in the daily time frame.
JCS 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 | DOWN | NEGATIVE | The long term trend for JCS is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for JCS is neutral. |
| ChartMill Relative Strength | 11.77 | NEGATIVE | JCS has a low relative strength, it was outperformed by 88.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of JCS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of JCS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of JCS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.5 | NEUTRAL | The RSI value for JCS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests JCS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.62 | NEUTRAL | The Stochastics value for JCS is a neutral value. |
| Average True Range in percent/ATR (20) | 8 | HIGH VOLATILITY | The high ATR as a percentage value for JCS suggests high volalility. |
JCS Chart- and CandleStick Pattern Analysis
JCS Technicals: Chart, Performance Metrics, Trend & Indicators
8.18
-0.71 (-7.99%)
COMMUNICATIONS SYSTEMS INC / JCS TA FAQ
What is the ChartMill technical rating of COMMUNICATIONS SYSTEMS INC (JCS) stock?
ChartMill assigns a technical rating of 1 / 10 to JCS.
What is the trend direction for JCS stock?
The current trend direction for COMMUNICATIONS SYSTEMS INC (JCS) is Bearish.
Can you provide the RSI signal for COMMUNICATIONS SYSTEMS INC?
COMMUNICATIONS SYSTEMS INC (JCS) has an RSI value of 46.4977. This indicates that the stock is currently neutral.
What is the MACD signal for COMMUNICATIONS SYSTEMS INC (JCS) stock?
The MACD indicator for COMMUNICATIONS SYSTEMS INC (JCS) has a value of 0.0519895, indicating a bearish trend.
What are the support and resistance levels for COMMUNICATIONS SYSTEMS INC (JCS) stock?
COMMUNICATIONS SYSTEMS INC (JCS) has a support level at 7.84 and a resistance level at 8.9. Check the full technical report for our detailed analysis of JCS support and resistance levels.