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.
JRVR has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 6.28, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for JRVR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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When analyzing the support we can see 4 important areas.
- A support zone ranging from 6.25 to 6.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.67 from a horizontal line in the daily time frame.
- A support zone ranging from 5.38 to 5.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.08 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @6.40 from a trend line in the daily time frame.
- A resistance zone ranging from 6.76 to 6.80. 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 | 85.89 | POSITIVE | JRVR has a high relative strength, it outperformed 85.89% 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) | 57.42 | 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. |
| Stochastics (14,3) | 50.95 | NEUTRAL | The Stochastics value for JRVR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.41 | MEDIUM VOLATILITY | The ATR as a percentage value for JRVR suggests some volalility. |
| Average Directional Index/ADX (14) | 28.64 | POSITIVE | The high ADX value value for JRVR 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 |
|---|---|---|---|
| 6.41 | 6.24 | 0.17 (2.65%) | 25.00% |
| An entry @6.41. This is a Buy Stop order right above the resistance zone. | An exit @6.24. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.17 points, which is 2.65%. | For a 0.66% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of JRVR. Please evaluate whether better entry and exit points can be found.
- 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.
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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 57.4164. 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 6.28 and a resistance level at 6.4. Check the full technical report for our detailed analysis of JRVR support and resistance levels.