JONES ENERGY INC (JONE) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:JONE • US48019R3066
We assign a technical rating of 0 out of 10 to JONE. JONE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, JONE is a bad performer in the overall market: 100% of all stocks are doing better.
- JONE is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month JONE has a been trading in the 1.90 - 4.50 range, which is quite wide. It is currently trading near the lows of this range.
Although the technical rating is bad, JONE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
2.11
When analyzing the resistance we notice one important area.
- Resistance @2.36 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for JONE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for JONE is down. |
| ChartMill Relative Strength | 0.03 | NEGATIVE | JONE has a low relative strength, it was outperformed by 99.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of JONE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of JONE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of JONE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.39 | OVERSOLD | The low RSI value suggests JONE may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.9 | POSITIVE | The MACD value suggests JONE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 16.34 | OVERSOLD | The low Stochastics value suggests JONE may be oversold. |
| Average True Range in percent/ATR (20) | 24.36 | HIGH VOLATILITY | The high ATR as a percentage value for JONE suggests high volalility. |
2.13
-0.1 (-4.48%)
JONES ENERGY INC / JONE FAQ
Can you provide the ChartMill technical rating for JONES ENERGY INC?
ChartMill assigns a technical rating of 0 / 10 to JONE.
Can you provide the trend direction for JONES ENERGY INC?
The current trend direction for JONES ENERGY INC (JONE) is Bearish.
Can you provide the RSI signal for JONES ENERGY INC?
JONES ENERGY INC (JONE) has an RSI value of 27.394. This indicates that the stock is currently oversold.
What is the MACD signal for JONE stock?
The MACD indicator for JONES ENERGY INC (JONE) has a value of 0.902719, indicating a bearish trend.
What is the buy/sell signal for JONE stock?
The buy/sell signal for JONES ENERGY INC (JONE) is sell as both the short term and long term trends are negative.