Taking everything into account, JIG scores 3 out of 10 in our technical rating. JIG has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Although the technical rating is bad, JIG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 73.84, a Stop Loss order could be placed below this zone.
More info and screens
58.84
We found 2 important support areas.
- A support zone ranging from 70.62 to 73.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @59.43 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 76.84 to 77.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for JIG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for JIG is neutral. |
| ChartMill Relative Strength | 65.35 | NEUTRAL | JIG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of JIG is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of JIG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JIG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.71 | NEUTRAL | The RSI value for JIG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests JIG has a positive trend. |
| Stochastics (14,3) | 60.54 | NEUTRAL | The Stochastics value for JIG is a neutral value. |
| Average True Range in percent/ATR (20) | 0.98 | LOW VOLATILITY | The low ATR as a percentage value for JIG suggests low volalility. |
| Average Directional Index/ADX (14) | 15.7 | NEGATIVE | The low ADX value for JIG suggests a weak or negative trend. |
73.95
+0.34 (+0.46%)
JPMORGAN INTERNATIONAL GROWT / JIG FAQ
What is the technical rating for JIG stock?
ChartMill assigns a technical rating of 3 / 10 to JIG.
Can you provide the trend direction for JPMORGAN INTERNATIONAL GROWT?
The current trend direction for JPMORGAN INTERNATIONAL GROWT (JIG) is Bullish.
What is the RSI signal for JIG stock?
JPMORGAN INTERNATIONAL GROWT (JIG) has an RSI value of 50.7113. This indicates that the stock is currently neutral.
Can you provide the MACD signal for JPMORGAN INTERNATIONAL GROWT?
The MACD indicator for JPMORGAN INTERNATIONAL GROWT (JIG) has a value of 0.0573658, indicating a bearish trend.