DIREXION DAILY JUNIOR GOLD M (JDST) Stock Technical Analysis
NYSEARCA:JDST • US25461A5772
Overall JDST gets a technical rating of 0 out of 10. JDST scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, JDST is a bad performer in the overall market: 99% of all stocks are doing better.
- JDST is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month JDST has a been trading in the 1.14 - 2.13 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- JDST has an average volume of 50056300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of JDST is bad and it also does not present a quality setup 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
1.17
2 important resistance areas can be observed.
- A resistance zone ranging from 1.19 to 1.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.34 from a trend 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 JDST is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for JDST is down. |
| ChartMill Relative Strength | 1.13 | NEGATIVE | JDST has a low relative strength, it was outperformed by 98.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of JDST is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of JDST is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of JDST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.13 | NEUTRAL | The RSI value for JDST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests JDST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 2.12 | OVERSOLD | The low Stochastics value suggests JDST may be oversold. |
| Average True Range in percent/ATR (20) | 14.57 | HIGH VOLATILITY | The high ATR as a percentage value for JDST suggests high volalility. |
| Average Directional Index/ADX (14) | 23.97 | NEUTRAL | The ADX value for JDST suggests a possible start of a new trend. |
1.18
+0.02 (+1.72%)
DIREXION DAILY JUNIOR GOLD M / JDST FAQ
What is the technical rating for JDST stock?
ChartMill assigns a technical rating of 0 / 10 to JDST.
Can you provide the trend direction for DIREXION DAILY JUNIOR GOLD M?
The current trend direction for DIREXION DAILY JUNIOR GOLD M (JDST) is Bearish.
What is the RSI signal for JDST stock?
DIREXION DAILY JUNIOR GOLD M (JDST) has an RSI value of 33.1297. This indicates that the stock is currently neutral.
What is the MACD signal for DIREXION DAILY JUNIOR GOLD M (JDST) stock?
The MACD indicator for DIREXION DAILY JUNIOR GOLD M (JDST) has a value of -0.0161051, indicating a bearish trend.
What are the support and resistance levels for DIREXION DAILY JUNIOR GOLD M (JDST) stock?
DIREXION DAILY JUNIOR GOLD M (JDST) has a resistance level at 1.19. Check the full technical report for our detailed analysis of JDST support and resistance levels.