Journal Communications (JRN) Stock Technical Analysis
NYSE:JRN - New York Stock Exchange, Inc. - US4811301021
We assign a technical rating of 10 out of 10 to JRN. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, JRN is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that JRN is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, JRN also shows a nice and consistent pattern of rising prices.
A new 52 week high is currently being made by JRN, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month JRN has a been trading in the 11.84 - 14.94 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although JRN has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
8.59
14.97
4 important support areas can be observed.
- Support @13.75 from a horizontal line in the daily time frame.
- A support zone ranging from 11.24 to 11.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.86 from a trend line in the daily time frame.
- Support @8.68 from a trend line in the weekly time frame.
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 JRN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JRN is up. |
| ChartMill Relative Strength | 94.55 | POSITIVE | JRN has a high relative strength, it outperformed 94.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JRN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JRN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JRN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 84.37 | OVERBOUGHT | The high RSI value suggests JRN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests JRN has a positive trend. |
| Stochastics (14,3) | 96.21 | OVERBOUGHT | The high Stochastics value suggests JRN may be overbought. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for JRN suggests some volalility. |
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)
NYSE:JRN (3/31/2015, 8:18:00 PM)
14.82
+0.19 (+1.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.3%
1 Week6.77%
2 Weeks7%
1 Month23.71%
3 Month36.59%
6 Month69.57%
12 Month73.74%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%2.42%
ATR Inc61.01%
Range Today0.61
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.55
Mansfield4.46
10 Day High14.94
10 Day Low13.64
20 Day High14.94
20 Day Low11.84
52 Week High14.94
52 Week Low7.79
CS1 End13.75
CR1 StartN/A
Volume & EV
DER(3)-4.37%
DER(5)-0.31%
Volume987.80K
Volume Incr28.06%
Vol(5)415.98K
Vol(50)222.20K