COMMUNICATIONS SYSTEMS INC (JCS) Stock Technical Analysis
NASDAQ:JCS - Nasdaq - Common Stock
Overall JCS gets a technical rating of 1 out of 10. JCS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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.
89% of all other stocks performed better in the past year than JCS.
JCS is one of the lesser performing stocks in the Communications Equipment industry. 89% of 50 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. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
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.
Although the technical rating is bad, JCS does present a nice setup opportunity. 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
7.71
10.14
We found 1 important support 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.
When analyzing the resistance we notice 2 important areas.
- 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.
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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
8.18
-0.71 (-7.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-7.99%
1 Week0.49%
2 Weeks4.34%
1 Month0.25%
3 Month-14.79%
6 Month-73.65%
12 Month-66.37%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.67
ATR(20)%8%
ATR Inc43.31%
Range Today0.83
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.77
Mansfield-6.05
10 Day High9.25
10 Day Low7.32
20 Day High9.52
20 Day Low7.32
52 Week High42.36
52 Week Low7.32
CS1 End7.84
CR1 Start8.9
Volume & EV
DER(3)-10.34%
DER(5)-5.5%
Volume48.40K
Volume Incr51.03%
Vol(5)64.06K
Vol(50)39.62K