JPMORGAN US MIN VOLATILITY (JMIN) Stock Technical Analysis
USA - NYSEARCA:JMIN - US46641Q7878 - ETF
34.5114 USD
-1.63 (-4.5%)
Taking everything into account, JMIN scores 1 out of 10 in our technical rating. JMIN 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.
JMIN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month JMIN has a been trading in the 34.41 - 38.66 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: JMIN has an average volume of 17020 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, JMIN turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
The technical rating of JMIN is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
33.48
39.97
We found 1 important support area.
- A support zone ranging from 33.82 to 34.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 6 important resistance areas.
- Resistance @34.71 from a horizontal line in the weekly time frame.
- Resistance @35.80 from a horizontal line in the daily time frame.
- A resistance zone ranging from 36.53 to 36.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 37.39 to 37.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 38.64 to 38.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 39.39 to 39.57. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for JMIN is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for JMIN is down. |
| ChartMill Relative Strength | 57.35 | NEUTRAL | JMIN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of JMIN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of JMIN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of JMIN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 23.35 | OVERSOLD | The low RSI value suggests JMIN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.36 | NEGATIVE | The MACD value suggests JMIN has a negative trend. |
| Stochastics (14,3) | 5.24 | OVERSOLD | The low Stochastics value suggests JMIN may be oversold. |
| Average True Range in percent/ATR (20) | 1.31 | LOW VOLATILITY | The low ATR as a percentage value for JMIN suggests low volalility. |
| Average Directional Index/ADX (14) | 24.91 | NEUTRAL | The ADX value for JMIN suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSEARCA:JMIN (9/6/2022, 8:08:33 PM)
34.5114
-1.63 (-4.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-4.5%
1 Week-6.69%
2 Weeks-8.46%
1 Month-7.43%
3 Month-4.5%
6 Month-5.24%
12 Month-5.44%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%1.31%
ATR Inc262.79%
Range Today1.86
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.35
Mansfield0.27
10 Day High37.92
10 Day Low34.41
20 Day High38.66
20 Day Low34.41
52 Week High39.77
52 Week Low33.59
CS1 End34.31
CR1 Start34.71
Volume & EV
DER(3)-10.48%
DER(5)-6.92%
Volume46.90K
Volume Incr191.29%
Vol(5)42.82K
Vol(50)17.02K