USA - NYSE:JRI - US67074Y1055
We assign a technical rating of 5 out of 10 to JRI. In the last year, JRI was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
JRI has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 14.04. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.94, a Stop Loss order could be placed below this zone.
11.78
We found 4 important support areas.
When analyzing the resistance we notice one important area.
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 JRI is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for JRI is neutral. |
ChartMill Relative Strength | 59.9 | NEUTRAL | JRI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of JRI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JRI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JRI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 51.08 | NEUTRAL | The RSI value for JRI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests JRI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 27.18 | NEUTRAL | The Stochastics value for JRI is a neutral value. |
Average True Range in percent/ATR (20) | 1.26 | LOW VOLATILITY | The low ATR as a percentage value for JRI suggests low volalility. |
Average Directional Index/ADX (14) | 28.05 | POSITIVE | The high ADX value value for JRI suggests a strong trend. |
13.97
+0.02 (+0.14%)