VANECK SPACE INNOVATORS ETF (JEDI.MI) Stock Technical Analysis
BIT:JEDI - Euronext Milan - IE000YU9K6K2 - ETF - Currency: EUR
Overall JEDI gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, JEDI is showing a nice and steady performance.
JEDI has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 34.24, a Stop Loss order could be placed below this zone.
More info and screens
29.09
We found 3 important support areas.
- A support zone ranging from 32.77 to 34.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @31.46 from a trend line in the weekly time frame.
- Support @29.38 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @38.52 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 | UP | POSITIVE | The long term trend for JEDI.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JEDI.MI is up. |
| ChartMill Relative Strength | 93.19 | POSITIVE | JEDI.MI has a high relative strength, it outperformed 93.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JEDI.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JEDI.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JEDI.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.25 | NEUTRAL | The RSI value for JEDI.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests JEDI.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 51.06 | NEUTRAL | The Stochastics value for JEDI.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for JEDI.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 13.13 | NEGATIVE | The low ADX value for JEDI.MI suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 34.59 | 32.28 | 2.31 (6.69%) | 14.94% |
| An entry @34.59. This is a Buy Stop order right above the resistance zone. | An exit @32.27. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.31 points, which is 6.69%. | When investing 14.94% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
BIT:JEDI (6/6/2025, 12:19:27 PM)
34.78
+0.48 (+1.38%)