Overall JRNY gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, JRNY is showing a nice and steady performance.
- Warning: JRNY has an average volume of 412 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that JRNY is one of the better performing stocks in the market, outperforming 70% of all stocks. On top of that, JRNY also shows a nice and consistent pattern of rising prices.
- JRNY is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- JRNY is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
JRNY has an excellent technical rating and also presents 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 25.95. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.81, a Stop Loss order could be placed below this zone.
More info and screens
19.84
5 important support areas can be observed.
- A support zone ranging from 25.10 to 25.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 24.01 to 24.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.50 to 23.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.14 from a horizontal line in the daily time frame.
- Support @20.04 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.95 to 25.95. 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 | UP | POSITIVE | The long term trend for JRNY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JRNY is up. |
| ChartMill Relative Strength | 70.71 | POSITIVE | JRNY has a high relative strength, it outperformed 70.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JRNY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JRNY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JRNY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.44 | NEUTRAL | The RSI value for JRNY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests JRNY has a negative trend. |
| Stochastics (14,3) | 94.26 | OVERBOUGHT | The high Stochastics value suggests JRNY may be overbought. |
| Average True Range in percent/ATR (20) | 0.9 | LOW VOLATILITY | The low ATR as a percentage value for JRNY suggests low volalility. |
| Average Directional Index/ADX (14) | 32.28 | POSITIVE | The high ADX value value for JRNY suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 25.96 | 25.27 | 0.69 (2.66%) | 25.00% |
| An entry @25.96. This is a Buy Stop order right above the resistance zone. | An exit @25.27. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.69 points, which is 2.66%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.66%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:JRNY (10/17/2024, 8:45:24 PM)
25.885
0 (-0.02%)
ALPS GLOBAL TRAVEL BENEF ETF / JRNY FAQ
What is the technical rating for JRNY stock?
ChartMill assigns a technical rating of 10 / 10 to JRNY.
What is the current trend direction of ALPS GLOBAL TRAVEL BENEF ETF (JRNY) stock?
The current trend direction for ALPS GLOBAL TRAVEL BENEF ETF (JRNY) is Bullish.
What is the RSI signal for ALPS GLOBAL TRAVEL BENEF ETF (JRNY) stock?
ALPS GLOBAL TRAVEL BENEF ETF (JRNY) has an RSI value of 66.4422. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ALPS GLOBAL TRAVEL BENEF ETF?
The short term momentum for ALPS GLOBAL TRAVEL BENEF ETF (JRNY) is positive.
Can you provide the support and resistance levels for ALPS GLOBAL TRAVEL BENEF ETF?
ALPS GLOBAL TRAVEL BENEF ETF (JRNY) has a support level at 25.81 and a resistance level at 25.95. Check the full technical report for our detailed analysis of JRNY support and resistance levels.