JPM Event Driven ETF (JPED) Stock Technical Analysis
USA - NYSEARCA:JPED -
21.255
+0.02 (+0.12%)
Taking everything into account, JPED scores 3 out of 10 in our technical rating. In the past year, JPED was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, JPED is a bad performer in the overall market: 61% of all stocks are doing better.
Warning: JPED has an average volume of 3582 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
JPED 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.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
JPED is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so JPED is lagging the market.
In the last month JPED has a been trading in a tight range between 21.17 and 21.28.
The technical rating of JPED is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
20.86
26.12
When analyzing the support we notice one important area.
- A support zone ranging from 21.07 to 21.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 21.26 to 21.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @25.86 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 JPED is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JPED is up. |
| ChartMill Relative Strength | 39.11 | NEUTRAL | JPED is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of JPED is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JPED is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of JPED is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.17 | NEUTRAL | The RSI value for JPED is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests JPED has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.76 | NEUTRAL | The Stochastics value for JPED is a neutral value. |
| Average True Range in percent/ATR (20) | 0.12 | LOW VOLATILITY | The low ATR as a percentage value for JPED suggests low volalility. |
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)
NYSEARCA:JPED (6/19/2020, 8:24:48 PM)
21.255
+0.02 (+0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.12%
1 Week-0.02%
2 Weeks-0.07%
1 Month0.02%
3 Month13.95%
6 Month-21.01%
12 Month-15.95%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.12%
ATR Inc41.7%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.11
Mansfield-1.48
10 Day High21.28
10 Day Low21.21
20 Day High21.28
20 Day Low21.17
52 Week High26.93
52 Week Low17.74
CS1 End21.25
CR1 Start21.26
Volume & EV
DER(3)0%
DER(5)0%
Volume300
Volume Incr-94.78%
Vol(5)440
Vol(50)3.58K