DIR DLY JUN GM IB 2X ETF-USD (JDST) Technical Analysis
NYSEARCA:JDST • US25461A1714
Current stock price
JDST Technical Rating and Analysis
Taking everything into account, JDST scores 3 out of 10 in our technical rating. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 97% of all other stocks performed better in the past year than JDST.
- JDST 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 JDST is lagging the market.
- In the last month JDST has a been trading in the 27.16 - 49.81 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 30573100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
JDST Weekly and Daily overview Charts
JDST Setup Rating and Analysis
JDST has a poor technical rating and the quality of the setup is also only medium 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
JDST Support and Resistance Analysis
31.31
2 important support areas can be observed.
- A support zone ranging from 33.17 to 33.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @31.63 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @41.82 from a trend line in the weekly time frame.
- Resistance @42.60 from a trend line in the daily time frame.
- Resistance @45.49 from a trend line in the daily time frame.
JDST 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 JDST is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for JDST is down. |
| ChartMill Relative Strength | 3.85 | NEGATIVE | JDST has a low relative strength, it was outperformed by 96.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of JDST is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JDST is above the rising 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) | 46.02 | NEUTRAL | The RSI value for JDST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.99 | NEGATIVE | The MACD value suggests JDST has a negative trend. |
| Stochastics (14,3) | 14.46 | OVERSOLD | The low Stochastics value suggests JDST may be oversold. |
| Average True Range in percent/ATR (20) | 12.87 | HIGH VOLATILITY | The high ATR as a percentage value for JDST suggests high volalility. |
| Average Directional Index/ADX (14) | 21.69 | NEUTRAL | The ADX value for JDST suggests a possible start of a new trend. |
JDST Chart- and CandleStick Pattern Analysis
JDST Technicals: Chart, Performance Metrics, Trend & Indicators
33.65
+0.47 (+1.42%)
DIR DLY JUN GM IB 2X ETF-USD / JDST TA FAQ
What is the technical rating for JDST stock?
ChartMill assigns a technical rating of 3 / 10 to JDST.
What is the current trend direction of DIR DLY JUN GM IB 2X ETF-USD (JDST) stock?
The current trend direction for DIR DLY JUN GM IB 2X ETF-USD (JDST) is Bearish.
Can you provide the RSI signal for DIR DLY JUN GM IB 2X ETF-USD?
DIR DLY JUN GM IB 2X ETF-USD (JDST) has an RSI value of 46.0158. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for DIR DLY JUN GM IB 2X ETF-USD?
The buy/sell signal for DIR DLY JUN GM IB 2X ETF-USD (JDST) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for DIR DLY JUN GM IB 2X ETF-USD?
DIR DLY JUN GM IB 2X ETF-USD (JDST) has a support level at 33.64 and a resistance level at 41.82. Check the full technical report for our detailed analysis of JDST support and resistance levels.