Taking everything into account, JEPQ scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, JEPQ is only an average performer.
Besides having an excellent technical rating, JEPQ also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 59.22. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 58.79, a Stop Loss order could be placed below this zone.
54.39
We found 2 important support areas.
We found 1 important resistance area.
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 JEPQ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JEPQ is up. |
| ChartMill Relative Strength | 51.19 | NEUTRAL | JEPQ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JEPQ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JEPQ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JEPQ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.67 | NEUTRAL | The RSI value for JEPQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests JEPQ has a positive trend. |
| Stochastics (14,3) | 73.43 | NEUTRAL | The Stochastics value for JEPQ is a neutral value. |
| Average True Range in percent/ATR (20) | 1 | LOW VOLATILITY | The low ATR as a percentage value for JEPQ suggests low volalility. |
| Average Directional Index/ADX (14) | 14.46 | NEGATIVE | The low ADX value for JEPQ 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 |
|---|---|---|---|
| 59.36 | 57.83 | 1.53 (2.58%) | 25.00% |
| An entry @59.36. This is a Buy Stop order right above the resistance zone. | An exit @57.83. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.53 points, which is 2.58%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.64%. |
59.16
+0.44 (+0.75%)
ChartMill assigns a technical rating of 7 / 10 to JEPQ.
The current trend direction for JPM NASDAQ EQUITY PREMIUM (JEPQ) is Bullish.
JPM NASDAQ EQUITY PREMIUM (JEPQ) has an RSI value of 56.6677. This indicates that the stock is currently neutral.
The short term momentum for JPM NASDAQ EQUITY PREMIUM (JEPQ) is positive.
The buy/sell signal for JPM NASDAQ EQUITY PREMIUM (JEPQ) is buy as both the short term and long term trends are positive.