JOUNCE THERAPEUTICS INC (JNCE) Technical Analysis
NASDAQ:JNCE • US4811161011
Current stock price
JNCE Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to JNCE. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, JNCE is only an average performer.
- JNCE is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so JNCE is lagging the market.
- The long and short term trends are both positive. This is looking good!
- JNCE has an average volume of 3667260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, JNCE outperforms 50% of them, which is more or less in line with the market.
- JNCE is part of the Biotechnology industry. There are 519 other stocks in this industry, JNCE did better than 51% of them.
- In the last month JNCE has a been trading in the 1.86 - 1.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
JNCE Weekly and Daily overview Charts
JNCE Setup Rating and Analysis
Besides having an excellent technical rating, JNCE 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 1.87, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
JNCE Support and Resistance Analysis
1.03
3 important support areas can be observed.
- A support zone ranging from 1.87 to 1.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.06 from a trend line in the daily time frame.
- Support @1.04 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.91 to 1.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
JNCE 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 JNCE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JNCE is up. |
| ChartMill Relative Strength | 50.11 | NEUTRAL | JNCE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of JNCE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JNCE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of JNCE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.52 | NEUTRAL | The RSI value for JNCE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests JNCE has a negative trend. |
| Stochastics (14,3) | 34.85 | NEUTRAL | The Stochastics value for JNCE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for JNCE suggests some volalility. |
| Average Directional Index/ADX (14) | 49.93 | POSITIVE | The high ADX value value for JNCE suggests a strong trend. |
JNCE Chart- and CandleStick Pattern Analysis
JNCE Example Setup
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 |
|---|---|---|---|
| 1.93 | 1.87 | 0.06 (2.98%) | 25.00% |
| An entry @1.93. This is a Buy Stop order right above the 10 day moving average. | An exit @1.87. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.06 points, which is 2.98%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.75%. |
- 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.
JNCE Technicals: Chart, Performance Metrics, Trend & Indicators
1.88
-0.05 (-2.59%)
JOUNCE THERAPEUTICS INC / JNCE TA FAQ
What is the ChartMill technical rating of JOUNCE THERAPEUTICS INC (JNCE) stock?
ChartMill assigns a technical rating of 8 / 10 to JNCE.
Can you provide the trend direction for JOUNCE THERAPEUTICS INC?
The current trend direction for JOUNCE THERAPEUTICS INC (JNCE) is Bullish.
Can you provide the RSI signal for JOUNCE THERAPEUTICS INC?
JOUNCE THERAPEUTICS INC (JNCE) has an RSI value of 59.5155. This indicates that the stock is currently neutral.
Can you provide the short term momentum for JOUNCE THERAPEUTICS INC?
The short term momentum for JOUNCE THERAPEUTICS INC (JNCE) is positive.
What are the support and resistance levels for JOUNCE THERAPEUTICS INC (JNCE) stock?
JOUNCE THERAPEUTICS INC (JNCE) has a support level at 1.87 and a resistance level at 1.91. Check the full technical report for our detailed analysis of JNCE support and resistance levels.