JEWETT-CAMERON TRADING LTD (JCTCF) Technical Analysis
NASDAQ:JCTCF • CA47733C2076
Current stock price
JCTCF Technical Rating and Analysis
Taking everything into account, JCTCF scores 6 out of 10 in our technical rating. In the last year, JCTCF was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- When comparing the yearly performance of all stocks, JCTCF is a bad performer in the overall market: 67% of all stocks are doing better.
- Warning: JCTCF has an average volume of 5610 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- In the last month JCTCF has a been trading in the 4.35 - 5.00 range, which is quite wide. It is currently trading near the high of this range.
- JCTCF is an average performer in the Building Products industry, it outperforms 60% of 41 stocks in the same industry.
- JCTCF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so JCTCF is lagging the market.
- Considerably lower volume is observed in the last couple of days.
JCTCF Weekly and Daily overview Charts
JCTCF Setup Rating and Analysis
Although the technical rating is only medium, JCTCF does present a nice setup opportunity. 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 4.92. Right above this resistance zone may be a good entry point.
More info and screens
JCTCF Support and Resistance Analysis
4.01
3 important support areas can be observed.
- Support @4.62 from a trend line in the daily time frame.
- Support @4.35 from a horizontal line in the daily time frame.
- Support @4.05 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 4.92 to 5.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.34 from a trend line in the daily time frame.
- Resistance @5.74 from a horizontal line in the daily time frame.
- Resistance @5.85 from a horizontal line in the weekly time frame.
JCTCF 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 JCTCF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JCTCF is up. |
| ChartMill Relative Strength | 33.97 | NEUTRAL | JCTCF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JCTCF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JCTCF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of JCTCF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.63 | NEUTRAL | The RSI value for JCTCF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests JCTCF has a negative trend. |
| Stochastics (14,3) | 82.22 | OVERBOUGHT | The high Stochastics value suggests JCTCF may be overbought. |
| Average True Range in percent/ATR (20) | 2.6 | MEDIUM VOLATILITY | The ATR as a percentage value for JCTCF suggests some volalility. |
| Average Directional Index/ADX (14) | 19.55 | NEGATIVE | The low ADX value for JCTCF suggests a weak or negative trend. |
JCTCF Chart- and CandleStick Pattern Analysis
JCTCF Example Setup
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 |
|---|---|---|---|
| 5.01 | 4.85 | 0.16 (3.19%) | 25.00% |
| An entry @5.01. This is a Buy Stop order right above the resistance zone. | An exit @4.85. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.16 points, which is 3.19%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.80%. |
- 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.
JCTCF Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:JCTCF (10/8/2024, 8:05:05 PM)
4.89
-0.1 (-2%)
JEWETT-CAMERON TRADING LTD / JCTCF TA FAQ
Can you provide the ChartMill technical rating for JEWETT-CAMERON TRADING LTD?
ChartMill assigns a technical rating of 6 / 10 to JCTCF.
What is the current trend direction of JEWETT-CAMERON TRADING LTD (JCTCF) stock?
The current trend direction for JEWETT-CAMERON TRADING LTD (JCTCF) is Bullish.
Can you provide the RSI signal for JEWETT-CAMERON TRADING LTD?
JEWETT-CAMERON TRADING LTD (JCTCF) has an RSI value of 57.6275. This indicates that the stock is currently neutral.
What is the MACD signal for JEWETT-CAMERON TRADING LTD (JCTCF) stock?
The MACD indicator for JEWETT-CAMERON TRADING LTD (JCTCF) has a value of -0.00108918, indicating a bearish trend.
What is the short term momentum for JEWETT-CAMERON TRADING LTD (JCTCF) stock?
The short term momentum for JEWETT-CAMERON TRADING LTD (JCTCF) is positive.