JULONG HOLDING LTD (JLHL) Technical Analysis
NASDAQ:JLHL • KYG5500K1022
Current stock price
JLHL Technical Rating and Analysis
Overall JLHL gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, JLHL is a bad performer.
- 100% of all other stocks performed better in the past year than JLHL.
- JLHL is part of the Construction & Engineering industry. There are 55 other stocks in this industry, of which 83% are performing better than JLHL.
- The long and short term trends are both positive. This is looking good!
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- In the last month JLHL has a been trading in the 4.98 - 17.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
JLHL Weekly and Daily overview Charts
JLHL Setup Rating and Analysis
Although JLHL has an excellent technical rating, the quality of the presented setup is not ideal 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.
More info and screens
JLHL Support and Resistance Analysis
3.62
When analyzing the support we can see 4 important areas.
- A support zone ranging from 5.95 to 5.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.85 from a trend line in the daily time frame.
- Support @3.85 from a horizontal line in the daily time frame.
- Support @3.66 from a horizontal line in the daily time frame.
JLHL 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 | 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). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JLHL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.04 | NEUTRAL | The RSI value for JLHL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests JLHL has a positive trend. |
| Stochastics (14,3) | 26.26 | NEUTRAL | The Stochastics value for JLHL is a neutral value. |
| Average True Range in percent/ATR (20) | 20.31 | HIGH VOLATILITY | The high ATR as a percentage value for JLHL suggests high volalility. |
| Average Directional Index/ADX (14) | 34.19 | POSITIVE | The high ADX value value for JLHL suggests a strong trend. |
JLHL Chart- and CandleStick Pattern Analysis
JLHL Technicals: Chart, Performance Metrics, Trend & Indicators
10
+0.56 (+5.93%)
JULONG HOLDING LTD / JLHL TA 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.
What is the RSI signal for JLHL stock?
JULONG HOLDING LTD (JLHL) has an RSI value of 67.042. This indicates that the stock is currently neutral.
What is the MACD signal for JULONG HOLDING LTD (JLHL) stock?
The MACD indicator for JULONG HOLDING LTD (JLHL) has a value of 0.399823, indicating a bearish trend.
What is the short term momentum for JULONG HOLDING LTD (JLHL) stock?
The short term momentum for JULONG HOLDING LTD (JLHL) is positive.