JUPITER WELLNESS ACQUIS-CL A (JWAC) Stock Technical Analysis
NASDAQ:JWAC - Nasdaq - US48208E1082 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to JWAC. JWAC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
93% of all other stocks performed better in the past year than JWAC.
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.
Although the technical rating is bad, JWAC does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
4.64
10.76
When analyzing the support we notice one important area.
- Support @4.69 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @10.00 from a horizontal line in the daily time frame.
- Resistance @10.65 from a horizontal line in the daily time frame.
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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
5.65
-1.73 (-23.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-23.48%
1 Week23.36%
2 Weeks-3.58%
1 Month0.89%
3 Month-45.46%
6 Month-44%
12 Month-42.87%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.67
ATR(20)%27.32%
ATR Inc50.97%
Range Today3.12
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.74
Mansfield-4.55
10 Day High7.8
10 Day Low3.6
20 Day High8.59
20 Day Low3.6
52 Week High13.02
52 Week Low3.6
CS1 End4.69
CR1 Start10
Volume & EV
DER(3)1.3%
DER(5)-0.55%
Volume1.55M
Volume Incr61.52%
Vol(5)627.04K
Vol(50)329.72K