JAMES RIVER GROUP HOLDINGS I (JRVR) Technical Analysis
NASDAQ:JRVR • US46990A1025
Current stock price
JRVR Technical Rating and Analysis
Taking everything into account, JRVR scores 3 out of 10 in our technical rating. Although JRVR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Looking at the yearly performance, JRVR did better than 83% of all other stocks.
- JRVR is one of the better performing stocks in the Insurance industry, it outperforms 95% of 148 stocks in the same industry.
- JRVR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so JRVR is performing more or less in line with the market.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- In the last month JRVR has a been trading in the 5.92 - 7.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
JRVR Weekly and Daily overview Charts
JRVR Setup Rating and Analysis
JRVR has a poor technical rating and the quality of the setup is also only medium 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.
More info and screens
JRVR Support and Resistance Analysis
5.77
We found 2 important support areas.
- A support zone ranging from 6.05 to 6.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.83 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 6.33 to 6.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.92 from a trend line in the weekly time frame.
- A resistance zone ranging from 7.04 to 7.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
JRVR Technical Indicator Signal Analysis
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 JRVR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for JRVR is down. |
| ChartMill Relative Strength | 83.78 | POSITIVE | JRVR has a high relative strength, it outperformed 83.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of JRVR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of JRVR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JRVR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.54 | NEUTRAL | The RSI value for JRVR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests JRVR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.66 | OVERSOLD | The low Stochastics value suggests JRVR may be oversold. |
| Average True Range in percent/ATR (20) | 4.77 | MEDIUM VOLATILITY | The ATR as a percentage value for JRVR suggests some volalility. |
| Average Directional Index/ADX (14) | 14.5 | NEGATIVE | The low ADX value for JRVR suggests a weak or negative trend. |
JRVR Chart- and CandleStick Pattern Analysis
JRVR Technicals: Chart, Performance Metrics, Trend & Indicators
6.26
+0.12 (+1.95%)
JAMES RIVER GROUP HOLDINGS I / JRVR TA FAQ
What is the technical rating for JRVR stock?
ChartMill assigns a technical rating of 3 / 10 to JRVR.
Can you provide the trend direction for JAMES RIVER GROUP HOLDINGS I?
The current trend direction for JAMES RIVER GROUP HOLDINGS I (JRVR) is Bearish.
What is the RSI signal for JRVR stock?
JAMES RIVER GROUP HOLDINGS I (JRVR) has an RSI value of 42.5362. This indicates that the stock is currently neutral.
What is the MACD signal for JRVR stock?
The MACD indicator for JAMES RIVER GROUP HOLDINGS I (JRVR) has a value of -0.0426094, indicating a bearish trend.
Can you provide the support and resistance levels for JAMES RIVER GROUP HOLDINGS I?
JAMES RIVER GROUP HOLDINGS I (JRVR) has a support level at 6.13 and a resistance level at 6.33. Check the full technical report for our detailed analysis of JRVR support and resistance levels.