JOHN HANCOCK CORPORATE BOND (JHCB) Stock Technical Analysis
USA - NYSEARCA:JHCB - US47804J8181 - ETF
We assign a technical rating of 6 out of 10 to JHCB. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, JHCB is a bad performer.
Although the technical rating is only medium, JHCB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 21.76, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
20.33
2 important support areas can be observed.
- A support zone ranging from 21.16 to 21.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.54 to 20.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 21.85 to 22.16. This zone is formed by a combination of multiple trend lines and important moving averages 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 JHCB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JHCB is up. |
| ChartMill Relative Strength | 38.54 | NEUTRAL | JHCB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JHCB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JHCB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JHCB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.91 | NEUTRAL | The RSI value for JHCB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests JHCB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.12 | OVERBOUGHT | The high Stochastics value suggests JHCB may be overbought. |
| Average True Range in percent/ATR (20) | 0.36 | LOW VOLATILITY | The low ATR as a percentage value for JHCB suggests low volalility. |
| Average Directional Index/ADX (14) | 26.99 | POSITIVE | The high ADX value value for JHCB suggests a strong 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 |
|---|---|---|---|
| 21.86 | 21.74 | 0.12 (0.56%) | 25.00% |
| An entry @21.86. This is a Buy Stop order right above the 10 day moving average. | An exit @21.74. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.12 points, which is 0.56%. | For a 0.14% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
NYSEARCA:JHCB (9/19/2025, 8:23:35 PM)
21.83
-0.01 (-0.05%)