JAMES RIVER GROUP HOLDINGS I (JRVR) Technical Analysis
NASDAQ:JRVR • US46990A1025
Current stock price
JRVR Technical Rating and Analysis
Overall JRVR gets a technical rating of 6 out of 10. In the last year, JRVR was one of the better performers, but we do observe some doubts in the very recent evolution.
- JRVR is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Looking at the yearly performance, JRVR did better than 88% of all other stocks.
- JRVR is one of the better performing stocks in the Insurance industry, it outperforms 97% 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 short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
JRVR Weekly and Daily overview Charts
JRVR Setup Rating and Analysis
Although the technical rating is only medium, JRVR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 6.50, 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.
More info and screens
JRVR Support and Resistance Analysis
5.74
We found 2 important support areas.
- A support zone ranging from 6.26 to 6.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.80 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @6.89 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 | UP | POSITIVE | The long term trend for JRVR is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for JRVR is down. |
| ChartMill Relative Strength | 88.4 | POSITIVE | JRVR has a high relative strength, it outperformed 88.4% 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) | UP | MIXED | The current price of JRVR is below 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) | 46.89 | 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) | 27.57 | NEUTRAL | The Stochastics value for JRVR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.37 | MEDIUM VOLATILITY | The ATR as a percentage value for JRVR suggests some volalility. |
| Average Directional Index/ADX (14) | 13 | NEGATIVE | The low ADX value for JRVR suggests a weak or negative trend. |
JRVR Chart- and CandleStick Pattern Analysis
JRVR Example Setup
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 |
|---|---|---|---|
| 6.90 | 6.25 | 0.65 (9.42%) | 10.62% |
| An entry @6.90. This is a Buy Stop order right above the resistance zone. | An exit @6.25. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.65 points, which is 9.42%. | For a 1.00% total portfolio risk, you can invest 10.62% of your capital in this trade. |
- 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.
JRVR Technicals: Chart, Performance Metrics, Trend & Indicators
6.52
+0.13 (+2.03%)
JAMES RIVER GROUP HOLDINGS I / JRVR TA FAQ
What is the technical rating for JRVR stock?
ChartMill assigns a technical rating of 6 / 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 Bullish.
What is the RSI signal for JRVR stock?
JAMES RIVER GROUP HOLDINGS I (JRVR) has an RSI value of 46.8923. 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 -0.0417438, 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 6.5 and a resistance level at 6.89. Check the full technical report for our detailed analysis of JRVR support and resistance levels.