JINKOSOLAR HOLDING CO-ADR (JKS) Technical Analysis
NYSE:JKS • US47759T1007
Current stock price
JKS Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to JKS. JKS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- JKS is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry, of which 67% are performing better than JKS.
- In the last month JKS has a been trading in the 22.68 - 26.71 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When comparing the yearly performance of all stocks, we notice that JKS is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- JKS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so JKS is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
JKS Weekly and Daily overview Charts
JKS Setup Rating and Analysis
Although the technical rating is bad, JKS 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 23.82, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for JKS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
JKS Support and Resistance Analysis
23.11
2 important support areas can be observed.
- A support zone ranging from 23.72 to 23.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 23.34 to 23.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 25.45 to 25.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @26.49 from a horizontal line in the daily time frame.
- Resistance @28.69 from a trend line in the daily time frame.
- Resistance @29.74 from a horizontal line in the weekly time frame.
- Resistance @30.58 from a horizontal line in the daily time frame.
JKS 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for JKS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for JKS is neutral. |
| ChartMill Relative Strength | 78.53 | POSITIVE | JKS has a high relative strength, it outperformed 78.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of JKS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of JKS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of JKS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.76 | NEUTRAL | The RSI value for JKS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests JKS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.36 | NEUTRAL | The Stochastics value for JKS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.62 | MEDIUM VOLATILITY | The ATR as a percentage value for JKS suggests some volalility. |
| Average Directional Index/ADX (14) | 9.81 | NEGATIVE | The low ADX value for JKS suggests a weak or negative trend. |
JKS Chart- and CandleStick Pattern Analysis
JKS Technicals: Chart, Performance Metrics, Trend & Indicators
24.86
-0.57 (-2.24%)
JINKOSOLAR HOLDING CO-ADR / JKS TA FAQ
What is the ChartMill technical rating of JINKOSOLAR HOLDING CO-ADR (JKS) stock?
ChartMill assigns a technical rating of 3 / 10 to JKS.
What is the current trend direction of JINKOSOLAR HOLDING CO-ADR (JKS) stock?
The current trend direction for JINKOSOLAR HOLDING CO-ADR (JKS) is Bearish.
What is the RSI signal for JINKOSOLAR HOLDING CO-ADR (JKS) stock?
JINKOSOLAR HOLDING CO-ADR (JKS) has an RSI value of 47.7597. This indicates that the stock is currently neutral.
What is the MACD signal for JKS stock?
The MACD indicator for JINKOSOLAR HOLDING CO-ADR (JKS) has a value of 0.11239, indicating a bearish trend.
Can you provide the support and resistance levels for JINKOSOLAR HOLDING CO-ADR?
JINKOSOLAR HOLDING CO-ADR (JKS) has a support level at 23.82 and a resistance level at 25.45. Check the full technical report for our detailed analysis of JKS support and resistance levels.