JH GLOBAL SENIOR LOAN ETF (JHLN) Technical Analysis
NYSEARCA:JHLN • US47804J6698
Current stock price
JHLN Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to JHLN. JHLN has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 100% of all other stocks performed better in the past year than JHLN.
- The long and short term trends are both positive. This is looking good!
- In the last month JHLN has a been trading in a tight range between 24.29 and 24.70.
- Considerably lower volume is observed in the last couple of days.
JHLN Weekly and Daily overview Charts
JHLN Setup Rating and Analysis
JHLN has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 24.68. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.61, a Stop Loss order could be placed below this zone.
More info and screens
JHLN Support and Resistance Analysis
24.12
We found 1 important support area.
- A support zone ranging from 24.36 to 24.61. 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 one important area.
- A resistance zone ranging from 24.68 to 25.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
JHLN 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 | UP | POSITIVE | The long term trend for JHLN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JHLN is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | JHLN has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JHLN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of JHLN is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 61.51 | NEUTRAL | The RSI value for JHLN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests JHLN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.97 | OVERBOUGHT | The high Stochastics value suggests JHLN may be overbought. |
| Average True Range in percent/ATR (20) | 0.25 | LOW VOLATILITY | The low ATR as a percentage value for JHLN suggests low volalility. |
| Average Directional Index/ADX (14) | 32.69 | POSITIVE | The high ADX value value for JHLN suggests a strong trend. |
JHLN Chart- and CandleStick Pattern Analysis
JHLN Technicals: Chart, Performance Metrics, Trend & Indicators
24.665
0 (0%)
JH GLOBAL SENIOR LOAN ETF / JHLN TA FAQ
Can you provide the ChartMill technical rating for JH GLOBAL SENIOR LOAN ETF?
ChartMill assigns a technical rating of 4 / 10 to JHLN.
Can you provide the trend direction for JH GLOBAL SENIOR LOAN ETF?
The current trend direction for JH GLOBAL SENIOR LOAN ETF (JHLN) is Bullish.
What is the RSI signal for JH GLOBAL SENIOR LOAN ETF (JHLN) stock?
JH GLOBAL SENIOR LOAN ETF (JHLN) has an RSI value of 61.5114. This indicates that the stock is currently neutral.
What is the buy/sell signal for JH GLOBAL SENIOR LOAN ETF (JHLN) stock?
The buy/sell signal for JH GLOBAL SENIOR LOAN ETF (JHLN) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for JH GLOBAL SENIOR LOAN ETF (JHLN) stock?
JH GLOBAL SENIOR LOAN ETF (JHLN) has a support level at 24.61 and a resistance level at 24.68. Check the full technical report for our detailed analysis of JHLN support and resistance levels.