JAPAN SMALLER CAPITALIZATION (JOF) Stock Technical Analysis
NYSE:JOF - New York Stock Exchange, Inc. - US47109U1043 - Currency: USD
Overall JOF gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, JOF is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that JOF is one of the better performing stocks in the market, outperforming 85% of all stocks. We also observe that the gains produced by JOF over the past year are nicely spread over this period.
JOF is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so JOF is leading the market.
JOF 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.
JOF has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
7.32
9.81
We found 4 important support areas.
- A support zone ranging from 8.93 to 9.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.79 from a trend line in the weekly time frame.
- A support zone ranging from 7.51 to 7.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.39 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 9.61 to 9.71. 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 JOF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JOF is up. |
| ChartMill Relative Strength | 85.96 | POSITIVE | JOF has a high relative strength, it outperformed 85.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JOF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JOF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JOF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.09 | NEUTRAL | The RSI value for JOF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests JOF has a negative trend. |
| Stochastics (14,3) | 58.42 | NEUTRAL | The Stochastics value for JOF is a neutral value. |
| Average True Range in percent/ATR (20) | 1.48 | LOW VOLATILITY | The low ATR as a percentage value for JOF suggests low volalility. |
| Average Directional Index/ADX (14) | 44.94 | POSITIVE | The high ADX value value for JOF suggests a strong 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)
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 |
|---|---|---|---|
| 9.72 | 9.49 | 0.23 (2.37%) | 25.00% |
| An entry @9.72. This is a Buy Stop order right above the resistance zone. | An exit @9.49. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.23 points, which is 2.37%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.59%. |
- 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.
9.57
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week-0.52%
2 Weeks-0.1%
1 Month5.98%
3 Month13.52%
6 Month27.09%
12 Month27.26%
2 Year32.92%
3 Year51.42%
5 Year22.38%
10 Year-11.31%
15 Year14.75%
Volatility
ATR(14)0.13
ATR(20)%1.48%
ATR Inc8.47%
Range Today0.1
ADR(20)0.13
ADR(20)%1.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.96
Mansfield1.35
10 Day High9.77
10 Day Low9.5
20 Day High9.77
20 Day Low8.93
52 Week High9.77
52 Week Low6.89
CS1 End9.03
CR1 Start9.61
Volume & EV
DER(3)0.19%
DER(5)0.16%
Volume17.09K
Volume Incr8.3%
Vol(5)73.96K
Vol(50)83.68K