JOHNSON MATTHEY PLC (JMAT.L) Stock Technical Analysis
LON:JMAT - London Exchange - GB00BZ4BQC70 - Common Stock - Currency: GBX
Overall JMAT gets a technical rating of 8 out of 10. Although JMAT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, JMAT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 1668.99, a Stop Loss order could be placed below this zone.
More info and screens
1,652.30
We found 1 important support area.
- A support zone ranging from 1668.99 to 1668.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1714.35 to 1732.51. 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 JMAT.L is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JMAT.L is up. |
| ChartMill Relative Strength | 77.75 | POSITIVE | JMAT.L has a high relative strength, it outperformed 77.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JMAT.L is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JMAT.L is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JMAT.L is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.6 | NEUTRAL | The RSI value for JMAT.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -12.6 | NEGATIVE | The MACD value suggests JMAT.L has a negative trend. |
| Stochastics (14,3) | 53.7 | NEUTRAL | The Stochastics value for JMAT.L is a neutral value. |
| Average True Range in percent/ATR (20) | 3.4 | MEDIUM VOLATILITY | The ATR as a percentage value for JMAT.L suggests some volalility. |
| Average Directional Index/ADX (14) | 50.05 | POSITIVE | The high ADX value value for JMAT.L suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1,732.52 | 1,668.98 | 63.54 (3.67%) | 25.00% |
| An entry @1732.52. This is a Buy Stop order right above the resistance zone. | An exit @1668.98. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 63.54 points, which is 3.67%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.92%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
LON:JMAT (6/18/2025, 5:29:56 PM)
1709.5
-23.5 (-1.36%)