JERASH HOLDINGS US INC (JRSH)       5.85  +0.07 (+1.21%)

5.85  +0.07 (+1.21%)

US47632P1012 - Common Stock

Technical Rating

Overall JRSH gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. JRSH was also a bad performer in the overall market in the last year.



In the last month JRSH has a been trading in the 4.56 - 6.00 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
JRSH is part of the Textiles, Apparel & Luxury Goods industry. There are 48 other stocks in this industry, JRSH did better than 64% of them.
75% of all other stocks performed better in the past year than JRSH.
JRSH is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Warning: JRSH has an average volume of 19434 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

Statistics

1 Month 3 Months 6 Months 12 Months 22.64% -0.17% -8.59% -26.67% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 25.85 4.56 - 9.2
JRSH Weekly chart
JRSH Daily chart

Support/Resistance Analysis


5.45

7.49
When analyzing the support we notice one important area.
  • A support zone ranging from 5.51 to 5.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 5 important areas.
  • A resistance zone ranging from 6.37 to 6.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 6.68 to 6.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @6.85 from a trend line in the weekly time frame.
  • Resistance @7.13 from a trend line in the daily time frame.
  • A resistance zone ranging from 7.40 to 7.42. This zone is formed by a combination of multiple trend lines in multiple time frames.

Setup Analysis

Setup Rating

JRSH 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 support zone below the current price at 5.76, a Stop Loss order could be placed below this zone.


JRSH Daily chart

JERASH HOLDINGS US INC5.85

NASDAQ:JRSH (8/10/2022, 7:00:02 PM)+0.07 (+1.21%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Consumer Discretionary
GICS Industry Textiles, Apparel & Luxury Goods
Performance
Today 1.21% 1 Week 2.45%
2 Weeks 5.22% 1 Month 22.64%
3 Month -0.17% 6 Month -8.59%
Volatility
ATR(14) 0.22 ATR(20)% 3.87%
ATR Inc -6.65% Range Today 0.22
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 25.85 Mansfield -0.74
10 Day High 6 10 Day Low 5.47
20 Day High 6 20 Day Low 4.56
52 Week High 9.2 52 Week Low 4.56
CS1 End 5.76 CR1 Start 6.37
Volume & EV
DER(3) 0.58% DER(5) 1.34%
Volume 7.00K Volume Incr 4.33%
Vol(5) 15.18K Vol(50) 19.43K

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