51JOB INC-ADR (JOBS) Technical Analysis
NASDAQ:JOBS • US3168271043
Current stock price
JOBS Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to JOBS. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, JOBS is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- JOBS is part of the Professional Services industry. There are 87 other stocks in this industry. JOBS outperforms 91% of them.
- JOBS is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- JOBS has an average volume of 1012650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that JOBS is one of the better performing stocks in the market, outperforming 89% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- JOBS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so JOBS is lagging the market slightly.
- In the last month JOBS has a been trading in a tight range between 60.00 and 61.25.
JOBS Weekly and Daily overview Charts
JOBS Setup Rating and Analysis
JOBS has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 60.95. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 60.83, 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
JOBS Support and Resistance Analysis
51.88
We found 2 important support areas.
- A support zone ranging from 60.35 to 60.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @52.40 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 60.95 to 60.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @79.20 from a horizontal line in the weekly time frame.
JOBS 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 JOBS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JOBS is up. |
| ChartMill Relative Strength | 89.14 | POSITIVE | JOBS has a high relative strength, it outperformed 89.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JOBS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JOBS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of JOBS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.08 | NEUTRAL | The RSI value for JOBS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests JOBS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 73.87 | NEUTRAL | The Stochastics value for JOBS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.63 | LOW VOLATILITY | The low ATR as a percentage value for JOBS suggests low volalility. |
JOBS Chart- and CandleStick Pattern Analysis
JOBS 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 |
|---|---|---|---|
| 60.97 | 60.34 | 0.63 (1.03%) | 25.00% |
| An entry @60.97. This is a Buy Stop order right above the resistance zone. | An exit @60.34. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.63 points, which is 1.03%. | For a 0.26% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
JOBS Technicals: Chart, Performance Metrics, Trend & Indicators
60.9
-0.03 (-0.05%)
51JOB INC-ADR / JOBS TA FAQ
Can you provide the ChartMill technical rating for 51JOB INC-ADR?
ChartMill assigns a technical rating of 8 / 10 to JOBS.
What is the trend direction for JOBS stock?
The current trend direction for 51JOB INC-ADR (JOBS) is Bullish.
What is the RSI signal for JOBS stock?
51JOB INC-ADR (JOBS) has an RSI value of 66.0817. This indicates that the stock is currently neutral.
What is the MACD signal for JOBS stock?
The MACD indicator for 51JOB INC-ADR (JOBS) has a value of -0.244263, indicating a bearish trend.
What is the buy/sell signal for JOBS stock?
The buy/sell signal for 51JOB INC-ADR (JOBS) is buy as both the short term and long term trends are positive.