JAMES HARDIE IND PLC (JHX) Technical Analysis
NYSE:JHX • US47030M1062
Current stock price
JHX Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to JHX. JHX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 85% of all other stocks performed better in the past year than JHX.
- JHX is one of the lesser performing stocks in the Construction Materials industry. 83% of 13 stocks in the same industry do better.
- JHX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so JHX is lagging the market.
- In the last month JHX has a been trading in the 19.30 - 26.08 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- JHX has an average volume of 6405450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
JHX Weekly and Daily overview Charts
JHX Setup Rating and Analysis
The technical rating of JHX is bad and it also does not present a quality setup 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
JHX Support and Resistance Analysis
19.43
We found 1 important support area.
- A support zone ranging from 19.63 to 19.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.00 to 25.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
JHX 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 | NEUTRAL | NEUTRAL | The long term trend for JHX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for JHX is down. |
| ChartMill Relative Strength | 15.73 | NEGATIVE | JHX has a low relative strength, it was outperformed by 84.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of JHX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of JHX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of JHX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 25.5 | OVERSOLD | The low RSI value suggests JHX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.53 | NEGATIVE | The MACD value suggests JHX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.82 | OVERSOLD | The low Stochastics value suggests JHX may be oversold. |
| Average True Range in percent/ATR (20) | 4.31 | MEDIUM VOLATILITY | The ATR as a percentage value for JHX suggests some volalility. |
| Average Directional Index/ADX (14) | 34.5 | POSITIVE | The high ADX value value for JHX suggests a strong trend. |
JHX Chart- and CandleStick Pattern Analysis
JHX Technicals: Chart, Performance Metrics, Trend & Indicators
19.64
-0.02 (-0.1%)
JAMES HARDIE IND PLC / JHX TA FAQ
Can you provide the ChartMill technical rating for JAMES HARDIE IND PLC?
ChartMill assigns a technical rating of 0 / 10 to JHX.
What is the current trend direction of JAMES HARDIE IND PLC (JHX) stock?
The current trend direction for JAMES HARDIE IND PLC (JHX) is Bearish.
Can you provide the RSI signal for JAMES HARDIE IND PLC?
JAMES HARDIE IND PLC (JHX) has an RSI value of 25.5. This indicates that the stock is currently oversold.
What is the MACD signal for JHX stock?
The MACD indicator for JAMES HARDIE IND PLC (JHX) has a value of -0.528049, indicating a bearish trend.
Can you provide the support and resistance levels for JAMES HARDIE IND PLC?
JAMES HARDIE IND PLC (JHX) has a support level at 19.63 and a resistance level at 25. Check the full technical report for our detailed analysis of JHX support and resistance levels.