JPMORGAN INTL BND ETF (JPIB) Stock Technical Analysis
USA - NYSEARCA:JPIB - US46641Q8520 - ETF
49.08 USD
+0.09 (+0.17%)
49.33 USD
+0.25 (+0.51%)
We assign a technical rating of 7 out of 10 to JPIB. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, JPIB is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
JPIB is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When comparing the performance of all stocks over the past year, JPIB turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
In the last month JPIB has a been trading in a tight range between 48.44 and 49.17.
Although JPIB has an excellent technical rating, the quality of the presented setup is not ideal 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
46.49
49.58
We found 1 important support area.
- A support zone ranging from 46.96 to 48.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 49.09 to 49.09. This zone is formed by a combination of multiple trend lines 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 JPIB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JPIB is up. |
| ChartMill Relative Strength | 40.33 | NEUTRAL | JPIB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JPIB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JPIB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JPIB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.86 | NEUTRAL | The RSI value for JPIB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests JPIB has a positive trend. |
| Stochastics (14,3) | 82.67 | OVERBOUGHT | The high Stochastics value suggests JPIB may be overbought. |
| Average True Range in percent/ATR (20) | 0.3 | LOW VOLATILITY | The low ATR as a percentage value for JPIB suggests low volalility. |
| Average Directional Index/ADX (14) | 12.62 | NEGATIVE | The low ADX value for JPIB suggests a weak or negative 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 |
|---|---|---|---|
| 49.10 | 48.43 | 0.67 (1.37%) | 25.00% |
| An entry @49.10. This is a Buy Stop order right above the resistance zone. | An exit @48.43. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.67 points, which is 1.37%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.34%. |
- 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.
49.08
+0.09 (+0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.17%
1 Week0.29%
2 Weeks0.55%
1 Month0.64%
3 Month1.76%
6 Month2.59%
12 Month0.97%
2 Year7.89%
3 Year10.37%
5 Year-2.53%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%0.3%
ATR Inc-47.06%
Range Today0.03
ADR(20)0.11
ADR(20)%0.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.33
Mansfield-0.82
10 Day High49.17
10 Day Low48.44
20 Day High49.17
20 Day Low48.44
52 Week High49.17
52 Week Low46.54
CS1 End48.86
CR1 Start49.09
Volume & EV
DER(3)3.22%
DER(5)0.99%
Volume145.00K
Volume Incr0.94%
Vol(5)182.01K
Vol(50)213.83K