JAMES HARDIE IND PLC (JHX) Technical Analysis
NYSE:JHX • US47030M1062
Current stock price
JHX Technical Rating and Analysis
Overall JHX gets a technical rating of 2 out of 10. JHX'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.
- When comparing the yearly performance of all stocks, JHX is a bad performer in the overall market: 81% of all stocks are doing better.
- JHX is part of the Construction Materials industry. There are 13 other stocks in this industry, of which 91% are performing better than JHX.
- JHX has an average volume of 6756340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- JHX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so JHX is lagging the market.
- In the last month JHX has a been trading in the 18.14 - 22.63 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
JHX Weekly and Daily overview Charts
JHX Setup Rating and Analysis
JHX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 21.74. Right above this resistance zone may be a good entry point.
More info and screens
JHX Support and Resistance Analysis
17.62
We found 3 important support areas.
- Support @20.37 from a horizontal line in the daily time frame.
- Support @18.37 from a trend line in the weekly time frame.
- A support zone ranging from 17.80 to 18.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 21.74 to 22.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @23.45 from a trend line in the weekly time frame.
- A resistance zone ranging from 24.22 to 24.42. 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 | NEUTRAL | NEUTRAL | The short term trend for JHX is neutral. |
| ChartMill Relative Strength | 19.43 | NEGATIVE | JHX has a low relative strength, it was outperformed by 80.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JHX is above the rising 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) | 49.85 | NEUTRAL | The RSI value for JHX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests JHX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 45.61 | NEUTRAL | The Stochastics value for JHX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.57 | MEDIUM VOLATILITY | The ATR as a percentage value for JHX suggests some volalility. |
| Average Directional Index/ADX (14) | 17.58 | NEGATIVE | The low ADX value for JHX suggests a weak or negative trend. |
JHX Chart- and CandleStick Pattern Analysis
JHX Technicals: Chart, Performance Metrics, Trend & Indicators
20.99
+0.62 (+3.04%)
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 2 / 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.
What is the RSI signal for JHX stock?
JAMES HARDIE IND PLC (JHX) has an RSI value of 49.852. This indicates that the stock is currently neutral.
What is the MACD signal for JAMES HARDIE IND PLC (JHX) stock?
The MACD indicator for JAMES HARDIE IND PLC (JHX) has a value of 0.0262962, indicating a bearish trend.
What are the support and resistance levels for JAMES HARDIE IND PLC (JHX) stock?
JAMES HARDIE IND PLC (JHX) has a support level at 20.37 and a resistance level at 21.74. Check the full technical report for our detailed analysis of JHX support and resistance levels.