Juniper Industrial Holdings Inc Cl A (JIH) Stock Technical Analysis
USA - NYSE:JIH -
We assign a technical rating of 6 out of 10 to JIH. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, JIH is only an average performer.
JIH has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 13.14, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
10.46
We found 3 important support areas.
- A support zone ranging from 12.60 to 13.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.92 to 12.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.57 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @13.41 from a trend line in the daily 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 | UP | POSITIVE | The long term trend for JIH is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for JIH is neutral. |
| ChartMill Relative Strength | 56.86 | NEUTRAL | JIH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JIH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JIH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JIH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.47 | NEUTRAL | The RSI value for JIH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests JIH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.36 | NEUTRAL | The Stochastics value for JIH is a neutral value. |
| Average True Range in percent/ATR (20) | 3.92 | MEDIUM VOLATILITY | The ATR as a percentage value for JIH suggests some volalility. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 13.42 | 12.59 | 0.83 (6.18%) | 16.17% |
| An entry @13.42. This is a Buy Stop order right above the resistance zone. | An exit @12.59. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.83 points, which is 6.18%. | For a 1.00% total portfolio risk, you can invest 16.17% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
Juniper Industrial Holdings Inc Cl A
NYSE:JIH (6/7/2021, 8:04:00 PM)
13.19
-0.02 (-0.15%)