Logo image of JKL

Mstar Small-Cap Value Ishares ETF (JKL) Stock Technical Analysis

USA - NYSEARCA:JKL -

172.726
+0.05 (+0.03%)
Last: 3/19/2021, 8:04:00 PM
Technical Rating and Analysis

10

Overall JKL gets a technical rating of 10 out of 10. 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.

Warning: JKL has an average volume of 9899 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, JKL did better than 78% of all other stocks. On top of that, JKL also shows a nice and consistent pattern of rising prices.
JKL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
JKL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Weekly and Daily overview Charts
Mstar Small-Cap Value Ishares ETF / JKL Weekly stock chart
Mstar Small-Cap Value Ishares ETF / JKL Daily stock chart
Setup Rating and Analysis

3

Although JKL has an excellent technical rating, it does not offer a high quality setup 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.

Support and Resistance Analysis

104.68

179.05

When analyzing the support we can see 6 important areas.

  • 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.

When analyzing the resistance we notice one important 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.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for JKL is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for JKL is up.
ChartMill Relative Strength78.97POSITIVEJKL has a high relative strength, it outperformed 78.97% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of JKL is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of JKL is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of JKL is above the rising SMA(200).
Relative Strength Index/RSI (14)62.77NEUTRALThe RSI value for JKL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.03NEGATIVEThe MACD value suggests JKL has a negative trend.
Stochastics (14,3)77.35NEUTRALThe Stochastics value for JKL is a neutral value.
Average True Range in percent/ATR (20)2.17MEDIUM VOLATILITYThe ATR as a percentage value for JKL suggests some volalility.
Chart- and CandleStick Pattern Analysis
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)
Mstar Small-Cap Value Ishares ETF / JKL Daily stock chart

Mstar Small-Cap Value Ishares ETF

NYSEARCA:JKL (3/19/2021, 8:04:00 PM)

172.726

+0.05 (+0.03%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.03%
1 Week-1.66%
2 Weeks3.55%
1 Month9.63%
3 Month23.81%
6 Month55.99%
12 Month122.07%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.44
ATR(20)%2.17%
ATR Inc24.91%
Range Today3.15
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.97
Mansfield2.53
10 Day High177.84
10 Day Low168.2
20 Day High177.84
20 Day Low156.76
52 Week High177.84
52 Week Low72.15
CS1 End172.72
CR1 Start173.25
Volume & EV
DER(3)2.69%
DER(5)0.64%
Volume17.50K
Volume Incr-25.91%
Vol(5)11.18K
Vol(50)9.90K