JAPAN SMALLER CAPITALIZATION (JOF) Stock Technical Analysis
NYSE:JOF • US47109U1043
Taking everything into account, JOF scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, JOF has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, JOF did better than 89% of all other stocks. On top of that, JOF also shows a nice and consistent pattern of rising prices.
- A new 52 week high is currently being made by JOF, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month JOF has a been trading in the 11.31 - 12.76 range, which is quite wide. It is currently trading near the high of this range.
Although JOF has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.47
We found 7 important support areas.
- A support zone ranging from 11.59 to 11.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.30 to 11.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.88 from a trend line in the daily time frame.
- Support @10.54 from a horizontal line in the daily time frame.
- Support @10.28 from a horizontal line in the daily time frame.
- Support @9.68 from a horizontal line in the daily time frame.
- Support @7.55 from a horizontal line in the weekly time frame.
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 | 89.65 | POSITIVE | JOF has a high relative strength, it outperformed 89.65% 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) | 74.33 | OVERBOUGHT | The high RSI value suggests JOF may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests JOF has a positive trend. |
| Stochastics (14,3) | 87.4 | OVERBOUGHT | The high Stochastics value suggests JOF may be overbought. |
| Average True Range in percent/ATR (20) | 1.9 | LOW VOLATILITY | The low ATR as a percentage value for JOF suggests low volalility. |
| Average Directional Index/ADX (14) | 32.19 | POSITIVE | The high ADX value value for JOF suggests a strong trend. |
12.74
+0.38 (+3.07%)
JAPAN SMALLER CAPITALIZATION / JOF FAQ
Can you provide the ChartMill technical rating for JAPAN SMALLER CAPITALIZATION?
ChartMill assigns a technical rating of 10 / 10 to JOF.
What is the current trend direction of JAPAN SMALLER CAPITALIZATION (JOF) stock?
The current trend direction for JAPAN SMALLER CAPITALIZATION (JOF) is Bullish.
What is the RSI signal for JAPAN SMALLER CAPITALIZATION (JOF) stock?
JAPAN SMALLER CAPITALIZATION (JOF) has an RSI value of 74.3285. This indicates that the stock is currently overbought.
Can you provide the MACD signal for JAPAN SMALLER CAPITALIZATION?
The MACD indicator for JAPAN SMALLER CAPITALIZATION (JOF) has a value of 0.0619979, indicating a bearish trend.
What is the short term momentum for JOF stock?
The short term momentum for JAPAN SMALLER CAPITALIZATION (JOF) is positive.