Taking everything into account, JRVR scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, JRVR is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that JRVR is one of the better performing stocks in the market, outperforming 88% of all stocks.
- JRVR is one of the better performing stocks in the Insurance industry, it outperforms 94% of 149 stocks in the same industry.
- JRVR is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month JRVR has a been trading in the 6.04 - 6.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
JRVR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 6.76. Right above this resistance zone may be a good entry point.
More info and screens
5.03
We found 6 important support areas.
- Support @6.61 from a trend line in the weekly time frame.
- A support zone ranging from 6.37 to 6.43. 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 6.11 to 6.16. 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 5.48 to 5.52. 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.
When analyzing the resistance we notice one important area.
- 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 | 88.86 | POSITIVE | JRVR has a high relative strength, it outperformed 88.86% 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) | 59.57 | 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. |
| Stochastics (14,3) | 84.59 | OVERBOUGHT | The high Stochastics value suggests JRVR may be overbought. |
| Average True Range in percent/ATR (20) | 3.38 | MEDIUM VOLATILITY | The ATR as a percentage value for JRVR suggests some volalility. |
| Average Directional Index/ADX (14) | 21.6 | 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 |
|---|---|---|---|
| 6.81 | 6.60 | 0.21 (3.08%) | 25.00% |
| An entry @6.81. This is a Buy Stop order right above the resistance zone. | An exit @6.60. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.21 points, which is 3.08%. | For a 0.77% 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.
6.67
+0.06 (+0.91%)
JAMES RIVER GROUP HOLDINGS I / JRVR FAQ
What is the technical rating for JRVR stock?
ChartMill assigns a technical rating of 10 / 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 59.5734. 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 0.020878, 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 6.61 and a resistance level at 6.76. Check the full technical report for our detailed analysis of JRVR support and resistance levels.