USA - NYSE:JHX - US47030M1062 - Common Stock
Taking everything into account, JHX scores 0 out of 10 in our technical rating. 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.
The technical rating of JHX is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
17.22
We can see 5 important resistance areas.
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 JHX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for JHX is down. |
| ChartMill Relative Strength | 5.6 | NEGATIVE | JHX has a low relative strength, it was outperformed by 94.4% 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) | 27.49 | 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. |
| Stochastics (14,3) | 7.17 | OVERSOLD | The low Stochastics value suggests JHX may be oversold. |
| Average True Range in percent/ATR (20) | 4.48 | MEDIUM VOLATILITY | The ATR as a percentage value for JHX suggests some volalility. |
| Average Directional Index/ADX (14) | 26.53 | POSITIVE | The high ADX value value for JHX suggests a strong trend. |
17.39
+0.05 (+0.29%)
ChartMill assigns a technical rating of 0 / 10 to JHX.
The current trend direction for JAMES HARDIE IND PLC (JHX) is Bearish.
JAMES HARDIE IND PLC (JHX) has an RSI value of 27.4882. This indicates that the stock is currently oversold.
The short term momentum for JAMES HARDIE IND PLC (JHX) is negative.
JAMES HARDIE IND PLC (JHX) has a resistance level at 21.01. Check the full technical report for our detailed analysis of JHX support and resistance levels.