Mstar Small-Cap Value Ishares ETF (JKL) Stock Technical Analysis
USA - NYSEARCA:JKL -
We assign a technical rating of 10 out of 10 to JKL. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, JKL is showing a nice and steady performance.
Although JKL has an excellent technical rating, it does not present a decent entry opportunity 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.
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104.68
6 important support areas can be observed.
- A support zone ranging from 171.37 to 172.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @162.79 from a trend line in the daily time frame.
- A support zone ranging from 154.24 to 157.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @128.26 from a trend line in the weekly time frame.
- Support @123.01 from a trend line in the weekly time frame.
- Support @105.74 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 173.25 to 177.28. This zone is formed by a combination of multiple trend lines and important moving averages 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 JKL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JKL is up. |
| ChartMill Relative Strength | 78.97 | POSITIVE | JKL has a high relative strength, it outperformed 78.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JKL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JKL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JKL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.77 | NEUTRAL | The RSI value for JKL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests JKL has a negative trend. |
| Stochastics (14,3) | 77.35 | NEUTRAL | The Stochastics value for JKL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.17 | MEDIUM VOLATILITY | The ATR as a percentage value for JKL suggests some volalility. |
Mstar Small-Cap Value Ishares ETF
NYSEARCA:JKL (3/19/2021, 8:04:00 PM)
172.726
+0.05 (+0.03%)
Mstar Small-Cap Value Ishares ETF / JKL FAQ
Can you provide the ChartMill technical rating for Mstar Small-Cap Value Ishares ETF?
ChartMill assigns a technical rating of 10 / 10 to JKL.
What is the trend direction for JKL stock?
The current trend direction for Mstar Small-Cap Value Ishares ETF (JKL) is Bullish.
What is the RSI signal for Mstar Small-Cap Value Ishares ETF (JKL) stock?
Mstar Small-Cap Value Ishares ETF (JKL) has an RSI value of 62.772. This indicates that the stock is currently neutral.
What is the short term momentum for JKL stock?
The short term momentum for Mstar Small-Cap Value Ishares ETF (JKL) is positive.
What is the support and resistance level for JKL stock?
Mstar Small-Cap Value Ishares ETF (JKL) has a support level at 172.72 and a resistance level at 173.25. Check the full technical report for our detailed analysis of JKL support and resistance levels.