Taking everything into account, JRVR scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, JRVR has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, JRVR also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 5.87. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.75, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
5.02
3 important support areas can be observed.
- A support zone ranging from 5.66 to 5.75. 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 5.28 to 5.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 5.07 to 5.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.87 to 5.99. 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 JRVR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JRVR is up. |
| ChartMill Relative Strength | 83 | POSITIVE | JRVR has a high relative strength, it outperformed 83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JRVR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JRVR is above the rising 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) | 57.5 | NEUTRAL | The RSI value for JRVR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests JRVR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.58 | NEUTRAL | The Stochastics value for JRVR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.14 | MEDIUM VOLATILITY | The ATR as a percentage value for JRVR suggests some volalility. |
| Average Directional Index/ADX (14) | 22.79 | NEUTRAL | The ADX value for JRVR suggests a possible start of a new 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 |
|---|---|---|---|
| 6.00 | 5.65 | 0.35 (5.83%) | 17.14% |
| An entry @6.00. This is a Buy Stop order right above the resistance zone. | An exit @5.65. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.35 points, which is 5.83%. | When investing 17.14% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
5.8
+0.02 (+0.35%)
JAMES RIVER GROUP HOLDINGS I / JRVR FAQ
What is the technical rating for JRVR stock?
ChartMill assigns a technical rating of 9 / 10 to JRVR.
What is the current trend direction of JAMES RIVER GROUP HOLDINGS I (JRVR) stock?
The current trend direction for JAMES RIVER GROUP HOLDINGS I (JRVR) is Bullish.
What is the RSI signal for JAMES RIVER GROUP HOLDINGS I (JRVR) stock?
JAMES RIVER GROUP HOLDINGS I (JRVR) has an RSI value of 57.4963. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for JAMES RIVER GROUP HOLDINGS I?
The buy/sell signal for JAMES RIVER GROUP HOLDINGS I (JRVR) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for JAMES RIVER GROUP HOLDINGS I (JRVR) stock?
JAMES RIVER GROUP HOLDINGS I (JRVR) has a support level at 5.75 and a resistance level at 5.87. Check the full technical report for our detailed analysis of JRVR support and resistance levels.