NASDAQ:JXG • MHY460024018
Taking everything into account, JXG scores 1 out of 10 in our technical rating. JXG 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 technical rating of JXG is bad and it also does not present a quality setup 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.
3.42
We found 2 important support areas.
When analyzing the resistance we notice one important area.
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 JXG is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for JXG is neutral. |
| ChartMill Relative Strength | 5.38 | NEGATIVE | JXG has a low relative strength, it was outperformed by 94.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JXG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of JXG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of JXG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.95 | NEUTRAL | The RSI value for JXG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests JXG has a positive trend. |
| Stochastics (14,3) | 47.99 | NEUTRAL | The Stochastics value for JXG is a neutral value. |
| Average True Range in percent/ATR (20) | 6.58 | HIGH VOLATILITY | The high ATR as a percentage value for JXG suggests high volalility. |
| Average Directional Index/ADX (14) | 33.99 | POSITIVE | The high ADX value value for JXG suggests a strong trend. |
4.2
+0.51 (+13.82%)
ChartMill assigns a technical rating of 1 / 10 to JXG.
The current trend direction for JX LUXVENTURE GROUP INC (JXG) is Bearish.
JX LUXVENTURE GROUP INC (JXG) has an RSI value of 50.9455. This indicates that the stock is currently neutral.
The short term momentum for JX LUXVENTURE GROUP INC (JXG) is neutral.