JMP Group Inc (JMP) Technical Analysis
NYSE:JMP
We assign a technical rating of 8 out of 10 to JMP. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, JMP is showing a nice and steady performance.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- JMP is one of the better performing stocks in the Capital Markets industry, it outperforms 98% of 238 stocks in the same industry.
- JMP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so JMP is lagging the market slightly.
- Looking at the yearly performance, JMP did better than 97% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- In the last month JMP has a been trading in a tight range between 7.44 and 7.74.
- Considerably lower volume is observed in the last couple of days.
Although JMP has an excellent technical rating, it does not present a decent entry opportunity 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
6.80
We found 3 important support areas.
- A support zone ranging from 7.32 to 7.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.10 from a trend line in the daily time frame.
- Support @6.87 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 7.54 to 7.73. 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 JMP is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for JMP is neutral. |
| ChartMill Relative Strength | 97.15 | POSITIVE | JMP has a high relative strength, it outperformed 97.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of JMP is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JMP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JMP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.08 | NEUTRAL | The RSI value for JMP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests JMP has a negative trend. |
| Stochastics (14,3) | 42.22 | NEUTRAL | The Stochastics value for JMP is a neutral value. |
| Average True Range in percent/ATR (20) | 0.65 | LOW VOLATILITY | The low ATR as a percentage value for JMP suggests low volalility. |
JMP Technicals: Chart, Performance Metrics, Trend & Indicators
7.5
+0.02 (+0.27%)
JMP Group Inc / JMP FAQ
What is the ChartMill technical rating of JMP Group Inc (JMP) stock?
ChartMill assigns a technical rating of 7 / 10 to JMP.
Can you provide the trend direction for JMP Group Inc?
The current trend direction for JMP Group Inc (JMP) is Bullish.
Can you provide the RSI signal for JMP Group Inc?
JMP Group Inc (JMP) has an RSI value of 47.0834. This indicates that the stock is currently neutral.
Can you provide the MACD signal for JMP Group Inc?
The MACD indicator for JMP Group Inc (JMP) has a value of -0.00706485, indicating a bearish trend.
What is the support and resistance level for JMP stock?
JMP Group Inc (JMP) has a support level at 7.49 and a resistance level at 7.54. Check the full technical report for our detailed analysis of JMP support and resistance levels.