Mstar Small-Cap Growth Ishares ETF (JKK) Stock Technical Analysis
USA - NYSEARCA:JKK -
We assign a technical rating of 5 out of 10 to JKK. In the last year, JKK was one of the better performers, but we do observe some doubts in the very recent evolution.
Although the technical rating is only medium, JKK 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 298.44, a Stop Loss order could be placed below this zone.
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265.11
3 important support areas can be observed.
- A support zone ranging from 297.75 to 298.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @292.47 from a horizontal line in the daily time frame.
- Support @267.79 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 309.17 to 313.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 347.92 to 348.91. 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 JKK is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for JKK is down. |
| ChartMill Relative Strength | 71.72 | POSITIVE | JKK has a high relative strength, it outperformed 71.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of JKK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of JKK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JKK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.23 | NEUTRAL | The RSI value for JKK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests JKK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.89 | NEUTRAL | The Stochastics value for JKK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.57 | MEDIUM VOLATILITY | The ATR as a percentage value for JKK suggests some volalility. |
Mstar Small-Cap Growth Ishares ETF
NYSEARCA:JKK (3/19/2021, 8:04:00 PM)
307.42
+4.5 (+1.48%)
Mstar Small-Cap Growth Ishares ETF / JKK FAQ
What is the ChartMill technical rating of Mstar Small-Cap Growth Ishares ETF (JKK) stock?
ChartMill assigns a technical rating of 5 / 10 to JKK.
What is the trend direction for JKK stock?
The current trend direction for Mstar Small-Cap Growth Ishares ETF (JKK) is Bullish.
What is the RSI signal for JKK stock?
Mstar Small-Cap Growth Ishares ETF (JKK) has an RSI value of 44.2273. This indicates that the stock is currently neutral.
What is the MACD signal for Mstar Small-Cap Growth Ishares ETF (JKK) stock?
The MACD indicator for Mstar Small-Cap Growth Ishares ETF (JKK) has a value of 0.0296716, indicating a bearish trend.
Can you provide the support and resistance levels for Mstar Small-Cap Growth Ishares ETF?
Mstar Small-Cap Growth Ishares ETF (JKK) has a support level at 298.44 and a resistance level at 309.17. Check the full technical report for our detailed analysis of JKK support and resistance levels.