JPMORGAN EQUITY PREMIUM INCO (JEPI) Technical Analysis
NYSEARCA:JEPI • US46641Q3323
Current stock price
JEPI Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to JEPI. JEPI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- JEPI has an average volume of 5608580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, JEPI turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
- JEPI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so JEPI is lagging the market slightly.
- In the last month JEPI has a been trading in a tight range between 55.45 and 58.72.
JEPI Weekly and Daily overview Charts
JEPI Setup Rating and Analysis
Although the technical rating is bad, JEPI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 56.76. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 56.34, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for JEPI 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.
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JEPI Support and Resistance Analysis
55.05
When analyzing the support we notice one important area.
- A support zone ranging from 55.61 to 56.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 56.76 to 58.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 59.41 to 60.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
JEPI 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 JEPI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for JEPI is down. |
| ChartMill Relative Strength | 40.33 | NEUTRAL | JEPI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of JEPI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of JEPI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of JEPI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.21 | NEUTRAL | The RSI value for JEPI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests JEPI has a positive trend. |
| Stochastics (14,3) | 45.83 | NEUTRAL | The Stochastics value for JEPI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.2 | LOW VOLATILITY | The low ATR as a percentage value for JEPI suggests low volalility. |
| Average Directional Index/ADX (14) | 37.64 | POSITIVE | The high ADX value value for JEPI suggests a strong trend. |
JEPI Chart- and CandleStick Pattern Analysis
JEPI Technicals: Chart, Performance Metrics, Trend & Indicators
56.52
-0.18 (-0.32%)
JPMORGAN EQUITY PREMIUM INCO / JEPI TA FAQ
What is the ChartMill technical rating of JPMORGAN EQUITY PREMIUM INCO (JEPI) stock?
ChartMill assigns a technical rating of 1 / 10 to JEPI.
What is the trend direction for JEPI stock?
The current trend direction for JPMORGAN EQUITY PREMIUM INCO (JEPI) is Bearish.
What is the RSI signal for JPMORGAN EQUITY PREMIUM INCO (JEPI) stock?
JPMORGAN EQUITY PREMIUM INCO (JEPI) has an RSI value of 43.2058. This indicates that the stock is currently neutral.
What is the MACD signal for JEPI stock?
The MACD indicator for JPMORGAN EQUITY PREMIUM INCO (JEPI) has a value of 0.0668129, indicating a bearish trend.
What is the support and resistance level for JEPI stock?
JPMORGAN EQUITY PREMIUM INCO (JEPI) has a support level at 56.34 and a resistance level at 56.76. Check the full technical report for our detailed analysis of JEPI support and resistance levels.