JAMES HARDIE IND PLC-SP ADR (JHX) Stock Technical Analysis
NYSE:JHX - New York Stock Exchange, Inc. - US47030M1062 - ADR - Currency: USD
We assign a technical rating of 3 out of 10 to JHX. Recently some decent action could be observed, but in the medium term time frame this is still negative. JHX was also a bad performer in the overall market in the last year.
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.
76% of all other stocks performed better in the past year than JHX.
JHX is part of the Construction Materials industry. There are 12 other stocks in this industry, of which 81% are performing better than JHX.
JHX 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.
In the last month JHX has a been trading in the 22.01 - 27.66 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
JHX has an average volume of 3866700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
JHX 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
21.85
41.82
4 important support areas can be observed.
- A support zone ranging from 25.18 to 25.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.31 to 24.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.08 to 23.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.07 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @26.27 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 27.13 to 27.28. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @28.23 from a trend line in the daily time frame.
- Resistance @41.41 from a horizontal line in the weekly 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 JHX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for JHX is neutral. |
| ChartMill Relative Strength | 24.85 | NEGATIVE | JHX has a low relative strength, it was outperformed by 75.15% 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) | UP | POSITIVE | The current price of JHX is above the rising 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) | 53.64 | NEUTRAL | The RSI value for JHX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests JHX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.09 | NEUTRAL | The Stochastics value for JHX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.53 | MEDIUM VOLATILITY | The ATR as a percentage value for JHX suggests some volalility. |
| Average Directional Index/ADX (14) | 16.64 | NEGATIVE | The low ADX value for JHX suggests a weak or negative 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)
25.6
+0.97 (+3.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryConstruction Materials
Performance
% Chg3.94%
1 Week2.11%
2 Weeks-6.16%
1 Month10.34%
3 Month5.57%
6 Month-18.58%
12 Month-18.83%
2 Year-4.8%
3 Year16.68%
5 Year33.06%
10 Year93.09%
15 Year394.78%
Volatility
ATR(14)0.88
ATR(20)%3.53%
ATR Inc5.2%
Range Today0.88
ADR(20)0.83
ADR(20)%3.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.85
Mansfield-2.28
10 Day High27.66
10 Day Low23.56
20 Day High27.66
20 Day Low22.01
52 Week High43.57
52 Week Low19.72
CS1 End25.44
CR1 Start26.27
Volume & EV
DER(3)1.26%
DER(5)0.87%
Volume7.77M
Volume Incr8.53%
Vol(5)5.97M
Vol(50)3.87M