ABRDN JAPAN EQUITY FUND INC (JEQ) Stock Technical Analysis
USA - NYSE:JEQ - US00306J1097
We assign a technical rating of 7 out of 10 to JEQ. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
JEQ has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
5.58
We found 3 important support areas.
- A support zone ranging from 7.99 to 8.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.82 from a horizontal line in the daily time frame.
- Support @5.64 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 8.11 to 8.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 8.77 to 8.86. 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 JEQ is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for JEQ is neutral. |
| ChartMill Relative Strength | 82.95 | POSITIVE | JEQ has a high relative strength, it outperformed 82.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of JEQ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of JEQ is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JEQ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.44 | NEUTRAL | The RSI value for JEQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests JEQ has a negative trend. |
| Stochastics (14,3) | 46.97 | NEUTRAL | The Stochastics value for JEQ is a neutral value. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for JEQ suggests some volalility. |
| Average Directional Index/ADX (14) | 23.12 | NEUTRAL | The ADX value for JEQ suggests a possible start of a new trend. |
NYSE:JEQ (10/10/2025, 9:38:09 PM)
8.05
-0.24 (-2.9%)
ABRDN JAPAN EQUITY FUND INC / JEQ FAQ
Can you provide the ChartMill technical rating for ABRDN JAPAN EQUITY FUND INC?
ChartMill assigns a technical rating of 7 / 10 to JEQ.
Can you provide the trend direction for ABRDN JAPAN EQUITY FUND INC?
The current trend direction for ABRDN JAPAN EQUITY FUND INC (JEQ) is Bullish.
Can you provide the RSI signal for ABRDN JAPAN EQUITY FUND INC?
ABRDN JAPAN EQUITY FUND INC (JEQ) has an RSI value of 44.4433. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ABRDN JAPAN EQUITY FUND INC?
The short term momentum for ABRDN JAPAN EQUITY FUND INC (JEQ) is neutral.
What is the support and resistance level for JEQ stock?
ABRDN JAPAN EQUITY FUND INC (JEQ) has a support level at 8.05 and a resistance level at 8.11. Check the full technical report for our detailed analysis of JEQ support and resistance levels.