JUPITER WELLNESS ACQUIS-CL A (JWAC) Technical Analysis
NASDAQ:JWAC • US48208E1082
Current stock price
JWAC Technical Rating and Analysis
Overall JWAC gets a technical rating of 1 out of 10. JWAC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, JWAC is a bad performer in the overall market: 93% of all stocks are doing better.
- JWAC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month JWAC has a been trading in the 3.60 - 8.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
JWAC Weekly and Daily overview Charts
JWAC Setup Rating and Analysis
JWAC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
JWAC Support and Resistance Analysis
4.64
When analyzing the support we notice one important area.
- Support @4.69 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @10.00 from a horizontal line in the daily time frame.
- Resistance @10.65 from a horizontal line in the daily time frame.
JWAC 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 | DOWN | NEGATIVE | The long term trend for JWAC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for JWAC is neutral. |
| ChartMill Relative Strength | 7.74 | NEGATIVE | JWAC has a low relative strength, it was outperformed by 92.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of JWAC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of JWAC is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 43.55 | NEUTRAL | The RSI value for JWAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests JWAC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.61 | NEUTRAL | The Stochastics value for JWAC is a neutral value. |
| Average True Range in percent/ATR (20) | 27.32 | HIGH VOLATILITY | The high ATR as a percentage value for JWAC suggests high volalility. |
| Average Directional Index/ADX (14) | 21.18 | NEUTRAL | The ADX value for JWAC suggests a possible start of a new trend. |
JWAC Chart- and CandleStick Pattern Analysis
JWAC Technicals: Chart, Performance Metrics, Trend & Indicators
5.65
-1.73 (-23.48%)
JUPITER WELLNESS ACQUIS-CL A / JWAC TA FAQ
What is the technical rating for JWAC stock?
ChartMill assigns a technical rating of 1 / 10 to JWAC.
What is the current trend direction of JUPITER WELLNESS ACQUIS-CL A (JWAC) stock?
The current trend direction for JUPITER WELLNESS ACQUIS-CL A (JWAC) is Bearish.
What is the RSI signal for JUPITER WELLNESS ACQUIS-CL A (JWAC) stock?
JUPITER WELLNESS ACQUIS-CL A (JWAC) has an RSI value of 43.5463. This indicates that the stock is currently neutral.
What is the MACD signal for JWAC stock?
The MACD indicator for JUPITER WELLNESS ACQUIS-CL A (JWAC) has a value of 0.168245, indicating a bearish trend.