JPM Long/Short ETF (JPLS) Technical Analysis
NYSEARCA:JPLS
Current stock price
JPLS Technical Rating and Analysis
Overall JPLS gets a technical rating of 0 out of 10. JPLS'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, JPLS is a bad performer in the overall market: 91% of all stocks are doing better.
- JPLS is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so JPLS is lagging the market.
- Warning: JPLS has an average volume of 4873 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month JPLS has a been trading in a tight range between 17.04 and 17.41.
- Volume is considerably higher in the last couple of days.
JPLS Weekly and Daily overview Charts
JPLS Setup Rating and Analysis
The technical rating of JPLS 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
JPLS Support and Resistance Analysis
16.96
We found 1 important support area.
- A support zone ranging from 17.13 to 17.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 17.19 to 17.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.66 from a horizontal line in the daily time frame.
- A resistance zone ranging from 21.31 to 21.55. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 21.92 to 22.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
JPLS Technical Indicator Signal Analysis
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 JPLS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for JPLS is down. |
| ChartMill Relative Strength | 9.27 | NEGATIVE | JPLS has a low relative strength, it was outperformed by 90.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of JPLS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of JPLS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of JPLS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.38 | OVERSOLD | The low RSI value suggests JPLS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests JPLS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.54 | NEUTRAL | The Stochastics value for JPLS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.35 | LOW VOLATILITY | The low ATR as a percentage value for JPLS suggests low volalility. |
JPLS Chart- and CandleStick Pattern Analysis
JPLS Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:JPLS (6/12/2020, 8:05:24 PM)
17.145
-0.05 (-0.29%)
JPM Long/Short ETF / JPLS TA FAQ
What is the ChartMill technical rating of JPM Long/Short ETF (JPLS) stock?
ChartMill assigns a technical rating of 0 / 10 to JPLS.
What is the current trend direction of JPM Long/Short ETF (JPLS) stock?
The current trend direction for JPM Long/Short ETF (JPLS) is Bearish.
What is the RSI signal for JPM Long/Short ETF (JPLS) stock?
JPM Long/Short ETF (JPLS) has an RSI value of 28.3765. This indicates that the stock is currently oversold.
What is the MACD signal for JPM Long/Short ETF (JPLS) stock?
The MACD indicator for JPM Long/Short ETF (JPLS) has a value of 0.0345029, indicating a bearish trend.
What are the support and resistance levels for JPM Long/Short ETF (JPLS) stock?
JPM Long/Short ETF (JPLS) has a support level at 17.14 and a resistance level at 17.19. Check the full technical report for our detailed analysis of JPLS support and resistance levels.