JOHN HANCOCK MULTI FACT TECH (JHMT) Stock Technical Analysis
USA - NYSEARCA:JHMT - US47804J6029 - ETF
68.81 USD
+0.53 (+0.78%)
Taking everything into account, JHMT scores 1 out of 10 in our technical rating. JHMT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, JHMT is a bad performer in the overall market: 61% of all stocks are doing better.
JHMT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: JHMT has an average volume of 11116 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month JHMT has a been trading in the 62.40 - 71.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
JHMT has a poor technical rating and the quality of the setup is also not perfect 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
68.12
86.24
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 68.82 to 68.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @77.81 from a trend line in the weekly time frame.
- Resistance @79.17 from a trend line in the daily time frame.
- Resistance @85.39 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for JHMT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for JHMT is neutral. |
| ChartMill Relative Strength | 39.42 | NEUTRAL | JHMT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JHMT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of JHMT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of JHMT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.54 | NEUTRAL | The RSI value for JHMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.52 | POSITIVE | The MACD value suggests JHMT has a positive trend. |
| Stochastics (14,3) | 58.28 | NEUTRAL | The Stochastics value for JHMT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.74 | MEDIUM VOLATILITY | The ATR as a percentage value for JHMT suggests some volalility. |
| Average Directional Index/ADX (14) | 22.19 | NEUTRAL | The ADX value for JHMT suggests a possible start of a new 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)
NYSEARCA:JHMT (10/24/2022, 8:19:56 PM)
68.81
+0.53 (+0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.78%
1 Week4.57%
2 Weeks4.36%
1 Month1.73%
3 Month-13.38%
6 Month-13.05%
12 Month-29.8%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.79
ATR(20)%2.74%
ATR Inc-15.4%
Range Today1.38
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.42
Mansfield-0.81
10 Day High69.06
10 Day Low62.4
20 Day High71.72
20 Day Low62.4
52 Week High105.55
52 Week Low62.4
CS1 EndN/A
CR1 Start68.82
Volume & EV
DER(3)16.82%
DER(5)10.82%
Volume40.00K
Volume Incr-23.81%
Vol(5)14.81K
Vol(50)11.12K