We assign a technical rating of 9 out of 10 to JUNE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, JUNE is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- JUNE is one of the better performing stocks in the Diversified Consumer Services industry, it outperforms 98% of 76 stocks in the same industry.
- JUNE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so JUNE is lagging the market slightly.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- When comparing the yearly performance of all stocks, we notice that JUNE is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- In the last month JUNE has a been trading in the 8.50 - 12.29 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although JUNE has an excellent technical rating, it does not present a decent entry opportunity 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
10.01
When analyzing the support we notice one important area.
- Support @10.11 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 11.51 to 11.51. 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 JUNE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JUNE is up. |
| ChartMill Relative Strength | 98.92 | POSITIVE | JUNE has a high relative strength, it outperformed 98.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JUNE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JUNE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JUNE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.82 | NEUTRAL | The RSI value for JUNE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests JUNE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 63.42 | NEUTRAL | The Stochastics value for JUNE is a neutral value. |
| Average True Range in percent/ATR (20) | 7.2 | HIGH VOLATILITY | The high ATR as a percentage value for JUNE suggests high volalility. |
| Average Directional Index/ADX (14) | 34.38 | POSITIVE | The high ADX value value for JUNE suggests a strong trend. |
11.5
+0.7 (+6.48%)
JUNEE LTD / JUNE FAQ
What is the technical rating for JUNE stock?
ChartMill assigns a technical rating of 9 / 10 to JUNE.
What is the trend direction for JUNE stock?
The current trend direction for JUNEE LTD (JUNE) is Bullish.
What is the RSI signal for JUNE stock?
JUNEE LTD (JUNE) has an RSI value of 58.8161. This indicates that the stock is currently neutral.
What is the short term momentum for JUNE stock?
The short term momentum for JUNEE LTD (JUNE) is positive.
Can you provide the support and resistance levels for JUNEE LTD?
JUNEE LTD (JUNE) has a support level at 10.11 and a resistance level at 11.51. Check the full technical report for our detailed analysis of JUNE support and resistance levels.