Taking everything into account, JEM scores 0 out of 10 in our technical rating. JEM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 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, JEM is a bad performer in the overall market: 100% of all stocks are doing better.
- JEM is one of the lesser performing stocks in the Distributors industry. 61% of 22 stocks in the same industry do better.
- In the last month JEM has a been trading in the 0.12 - 0.37 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.
- JEM has an average volume of 2069270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, JEM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for JEM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
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We can see 4 important resistance areas.
- A resistance zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.23 from a trend line in the daily time frame.
- Resistance @0.24 from a trend line in the daily time frame.
- Resistance @0.25 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 | DOWN | NEGATIVE | The long term trend for JEM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for JEM is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | JEM has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of JEM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of JEM is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 32.54 | NEUTRAL | The RSI value for JEM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests JEM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.49 | OVERSOLD | The low Stochastics value suggests JEM may be oversold. |
| Average True Range in percent/ATR (20) | 30.55 | HIGH VOLATILITY | The high ATR as a percentage value for JEM suggests high volalility. |
| Average Directional Index/ADX (14) | 30.44 | POSITIVE | The high ADX value value for JEM suggests a strong trend. |
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707 CAYMAN HOLDINGS LTD / JEM FAQ
Can you provide the ChartMill technical rating for 707 CAYMAN HOLDINGS LTD?
ChartMill assigns a technical rating of 0 / 10 to JEM.
What is the current trend direction of 707 CAYMAN HOLDINGS LTD (JEM) stock?
The current trend direction for 707 CAYMAN HOLDINGS LTD (JEM) is Bearish.
What is the RSI signal for JEM stock?
707 CAYMAN HOLDINGS LTD (JEM) has an RSI value of 32.5377. This indicates that the stock is currently neutral.
What is the MACD signal for 707 CAYMAN HOLDINGS LTD (JEM) stock?
The MACD indicator for 707 CAYMAN HOLDINGS LTD (JEM) has a value of -0.0036811, indicating a bearish trend.
What is the short term momentum for JEM stock?
The short term momentum for 707 CAYMAN HOLDINGS LTD (JEM) is negative.