YIELDMX JPM OP INC STRTG ETF (JPMO) Stock Technical Analysis
NYSEARCA:JPMO - NYSE Arca - US88634T4360 - ETF - Currency: USD
Overall JPMO gets a technical rating of 3 out of 10. In the past year, JPMO 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, JPMO is a bad performer in the overall market: 74% of all stocks are doing better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month JPMO has a been trading in the 16.41 - 17.46 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
JPMO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so JPMO is lagging the market.
Volume is considerably higher in the last couple of days.
JPMO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 16.95. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.83, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
16.44
19.77
When analyzing the support we notice one important area.
- A support zone ranging from 16.61 to 16.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 16.95 to 17.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.72 from a trend line in the weekly time frame.
- A resistance zone ranging from 19.28 to 19.57. 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 | NEUTRAL | NEUTRAL | The long term trend for JPMO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JPMO is up. |
| ChartMill Relative Strength | 26.87 | NEGATIVE | JPMO has a low relative strength, it was outperformed by 73.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of JPMO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JPMO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of JPMO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.55 | NEUTRAL | The RSI value for JPMO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests JPMO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 52.16 | NEUTRAL | The Stochastics value for JPMO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.51 | LOW VOLATILITY | The low ATR as a percentage value for JPMO suggests low volalility. |
| Average Directional Index/ADX (14) | 12.29 | NEGATIVE | The low ADX value for JPMO 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)
16.9
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week1.26%
2 Weeks-0.12%
1 Month-0.71%
3 Month9.03%
6 Month-12.34%
12 Month-13.2%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%1.51%
ATR Inc-54.11%
Range Today0.15
ADR(20)0.22
ADR(20)%1.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.87
Mansfield-1.26
10 Day High17.15
10 Day Low16.41
20 Day High17.46
20 Day Low16.41
52 Week High19.82
52 Week Low13.64
CS1 End16.83
CR1 Start16.95
Volume & EV
DER(3)0.99%
DER(5)0.59%
Volume477.90K
Volume Incr263.68%
Vol(5)153.80K
Vol(50)47.92K