JPM NASDAQ EQUITY PREMIUM (JEPQ) Stock Technical Analysis
NASDAQ:JEPQ - Nasdaq - US46654Q2030 - ETF - Currency: USD
Overall JEPQ gets a technical rating of 7 out of 10. 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.
The long and short term trends are both positive. This is looking good!
JEPQ is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so JEPQ is lagging the market slightly.
JEPQ has an average volume of 6132460 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, JEPQ turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
In the last month JEPQ has a been trading in a tight range between 53.60 and 55.64.
Besides having an excellent technical rating, JEPQ also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 54.99, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for JEPQ 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
44.91
59.11
We found 3 important support areas.
- A support zone ranging from 53.80 to 54.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @52.59 from a horizontal line in the daily time frame.
- Support @45.36 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 58.28 to 58.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 57.11 | 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) | 60.63 | NEUTRAL | The RSI value for JEPQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests JEPQ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 70.59 | NEUTRAL | The Stochastics value for JEPQ is a neutral value. |
| Average True Range in percent/ATR (20) | 0.73 | LOW VOLATILITY | The low ATR as a percentage value for JEPQ suggests low volalility. |
| Average Directional Index/ADX (14) | 16.34 | NEGATIVE | The low ADX value for JEPQ suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 55.65 | 53.59 | 2.06 (3.70%) | 25.00% |
| An entry @55.65. This is a Buy Stop order right above the 10 day high. | An exit @53.59. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.06 points, which is 3.70%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.93%. |
- 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.
55.32
+0.34 (+0.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.62%
1 Week2.81%
2 Weeks0.44%
1 Month1.77%
3 Month7.15%
6 Month-3.23%
12 Month7.86%
2 Year12.9%
3 Year19.64%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.47
ATR(20)%0.73%
ATR Inc-0.82%
Range Today0.3
ADR(20)0.33
ADR(20)%0.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.11
Mansfield-0.67
10 Day High55.64
10 Day Low53.6
20 Day High55.64
20 Day Low53.6
52 Week High58.54
52 Week Low44.31
CS1 End54.99
CR1 Start58.28
Volume & EV
DER(3)10.96%
DER(5)7.06%
Volume6.09M
Volume Incr16.1%
Vol(5)6.46M
Vol(50)6.13M