JERASH HOLDINGS US INC (JRSH) Stock Technical Analysis
USA - NASDAQ:JRSH - US47632P1012 - Common Stock
Overall JRSH gets a technical rating of 6 out of 10. In the last year, JRSH was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
JRSH has an average technical rating and it also does not offer a high quality setup 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.
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2.78
When analyzing the support we can see 4 important areas.
- A support zone ranging from 3.22 to 3.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.16 from a horizontal line in the daily time frame.
- Support @2.90 from a horizontal line in the weekly time frame.
- Support @2.81 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.45 to 3.52. 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 | NEUTRAL | NEUTRAL | The long term trend for JRSH is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JRSH is up. |
| ChartMill Relative Strength | 58.13 | NEUTRAL | JRSH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JRSH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JRSH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JRSH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.38 | NEUTRAL | The RSI value for JRSH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests JRSH has a positive trend. |
| Stochastics (14,3) | 81.94 | OVERBOUGHT | The high Stochastics value suggests JRSH may be overbought. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for JRSH suggests some volalility. |
| Average Directional Index/ADX (14) | 23.56 | NEUTRAL | The ADX value for JRSH suggests a possible start of a new trend. |
3.43
+0.02 (+0.59%)
JERASH HOLDINGS US INC / JRSH FAQ
What is the ChartMill technical rating of JERASH HOLDINGS US INC (JRSH) stock?
ChartMill assigns a technical rating of 4 / 10 to JRSH.
What is the trend direction for JRSH stock?
The current trend direction for JERASH HOLDINGS US INC (JRSH) is Bearish.
What is the RSI signal for JRSH stock?
JERASH HOLDINGS US INC (JRSH) has an RSI value of 69.3843. This indicates that the stock is currently neutral.
What is the short term momentum for JRSH stock?
The short term momentum for JERASH HOLDINGS US INC (JRSH) is positive.