USA - NYSE:JMEI -
We assign a technical rating of 7 out of 10 to JMEI. In the last year, JMEI was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although JMEI 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.
17.84
2 important support areas can be observed.
When analyzing the resistance we notice 3 important areas.
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 JMEI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JMEI is up. |
ChartMill Relative Strength | 69.24 | NEUTRAL | JMEI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JMEI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JMEI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of JMEI is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 64.17 | NEUTRAL | The RSI value for JMEI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests JMEI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 98.92 | OVERBOUGHT | The high Stochastics value suggests JMEI may be overbought. |
Average True Range in percent/ATR (20) | 3.3 | MEDIUM VOLATILITY | The ATR as a percentage value for JMEI suggests some volalility. |
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 |
---|---|---|---|
19.97 | 17.90 | 2.07 (10.37%) | 9.65% |
An entry @19.97. This is a Buy Stop order right above the resistance zone. | An exit @17.90. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.07 points, which is 10.37%. | For a 1.00% total portfolio risk, you can invest 9.65% of your capital in this trade. |
Jumei International Holding Ltd
NYSE:JMEI (4/14/2020, 8:04:03 PM)
19.93
-0.01 (-0.05%)