JULONG HOLDING LTD (JLHL) Stock Technical Analysis
NASDAQ:JLHL • KYG5500K1022
Taking everything into account, JLHL scores 7 out of 10 in our technical rating. Although JLHL is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 100% of all other stocks performed better in the past year than JLHL.
- JLHL is one of the lesser performing stocks in the Construction & Engineering industry. 81% of 55 stocks in the same industry do better.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month JLHL has a been trading in the 3.30 - 11.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
JLHL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
3.56
When analyzing the support we can see 3 important areas.
- Support @5.07 from a horizontal line in the daily time frame.
- Support @3.73 from a trend line in the daily time frame.
- Support @3.60 from a trend line in the weekly 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 JLHL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JLHL is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | JLHL has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JLHL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JLHL is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 61.14 | NEUTRAL | The RSI value for JLHL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests JLHL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 30.14 | NEUTRAL | The Stochastics value for JLHL is a neutral value. |
| Average True Range in percent/ATR (20) | 20.84 | HIGH VOLATILITY | The high ATR as a percentage value for JLHL suggests high volalility. |
| Average Directional Index/ADX (14) | 59.73 | POSITIVE | The high ADX value value for JLHL suggests a strong trend. |
5.75
+0.29 (+5.31%)
JULONG HOLDING LTD / JLHL FAQ
Can you provide the ChartMill technical rating for JULONG HOLDING LTD?
ChartMill assigns a technical rating of 7 / 10 to JLHL.
What is the current trend direction of JULONG HOLDING LTD (JLHL) stock?
The current trend direction for JULONG HOLDING LTD (JLHL) is Bullish.
Can you provide the RSI signal for JULONG HOLDING LTD?
JULONG HOLDING LTD (JLHL) has an RSI value of 61.1373. This indicates that the stock is currently neutral.
Can you provide the short term momentum for JULONG HOLDING LTD?
The short term momentum for JULONG HOLDING LTD (JLHL) is positive.
What is the buy/sell signal for JLHL stock?
The buy/sell signal for JULONG HOLDING LTD (JLHL) is buy as both the short term and long term trends are positive.