DIREXION DAILY JUNIOR GOLD M (JDST) Stock Technical Analysis
USA - NYSEARCA:JDST - US25461A5772 - ETF
3.28 USD
-0.21 (-6.02%)
3.43 USD
+0.15 (+4.57%)
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.
100% of all other stocks performed better in the past year than JDST.
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 3.24 - 5.61 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
JDST has an average volume of 19244300 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. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
3.25
4.45
We found 1 important resistance area.
- Resistance @4.41 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 | 0.73 | NEGATIVE | JDST has a low relative strength, it was outperformed by 99.27% 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) | 24.95 | OVERSOLD | The low RSI value suggests JDST may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests JDST has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 6.39 | OVERSOLD | The low Stochastics value suggests JDST may be oversold. |
| Average True Range in percent/ATR (20) | 9.72 | HIGH VOLATILITY | The high ATR as a percentage value for JDST suggests high volalility. |
| Average Directional Index/ADX (14) | 44.58 | POSITIVE | The high ADX value value for JDST suggests a strong trend. |
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)
3.28
-0.21 (-6.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-6.02%
1 Week-21.53%
2 Weeks-23%
1 Month-41.95%
3 Month-67.87%
6 Month-72.44%
12 Month-84.79%
2 Year-95.67%
3 Year-97.57%
5 Year-97.19%
10 Year-100%
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%9.72%
ATR Inc10.97%
Range Today0.25
ADR(20)0.27
ADR(20)%8.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.73
Mansfield-8.16
10 Day High4.32
10 Day Low3.24
20 Day High5.61
20 Day Low3.24
52 Week High32.14
52 Week Low3.24
CS1 EndN/A
CR1 Start4.41
Volume & EV
DER(3)8.3%
DER(5)6.87%
Volume46.08M
Volume Incr47.16%
Vol(5)36.71M
Vol(50)19.24M