NYSEARCA:JRE - NYSE Arca - US47103U8291 - ETF - Currency: USD
We assign a technical rating of 7 out of 10 to JRE. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, JRE is only an average performer.
Although JRE has an excellent technical rating, it does not present a decent entry opportunity 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.
21.96
When analyzing the support we can see 3 important areas.
When analyzing the resistance we notice 2 important areas.
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 JRE is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JRE is up. |
ChartMill Relative Strength | 57.83 | NEUTRAL | JRE is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JRE is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JRE is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of JRE is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 62.29 | NEUTRAL | The RSI value for JRE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests JRE has a positive trend. |
Stochastics (14,3) | 79.99 | NEUTRAL | The Stochastics value for JRE is a neutral value. |
Average True Range in percent/ATR (20) | 0.54 | LOW VOLATILITY | The low ATR as a percentage value for JRE suggests low volalility. |
Average Directional Index/ADX (14) | 12.04 | NEGATIVE | The low ADX value for JRE suggests a weak or negative trend. |
NYSEARCA:JRE (6/24/2025, 8:04:00 PM)
24.3722
+0.05 (+0.22%)