Taking everything into account, JXG scores 0 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.
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4.15
When analyzing the resistance we notice one important area.
- Resistance @8.10 from a trend 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 JXG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for JXG is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | JXG has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of JXG is below a declining 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) | 25.19 | OVERSOLD | The low RSI value suggests JXG may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests JXG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.81 | OVERSOLD | The low Stochastics value suggests JXG may be oversold. |
| Average True Range in percent/ATR (20) | 24.2 | HIGH VOLATILITY | The high ATR as a percentage value for JXG suggests high volalility. |
| Average Directional Index/ADX (14) | 39.47 | POSITIVE | The high ADX value value for JXG suggests a strong trend. |
4.19
+0.59 (+16.39%)
JX LUXVENTURE GROUP INC / JXG FAQ
Can you provide the ChartMill technical rating for JX LUXVENTURE GROUP INC?
ChartMill assigns a technical rating of 0 / 10 to JXG.
Can you provide the trend direction for JX LUXVENTURE GROUP INC?
The current trend direction for JX LUXVENTURE GROUP INC (JXG) is Bearish.
Can you provide the RSI signal for JX LUXVENTURE GROUP INC?
JX LUXVENTURE GROUP INC (JXG) has an RSI value of 25.1911. This indicates that the stock is currently oversold.
What is the MACD signal for JX LUXVENTURE GROUP INC (JXG) stock?
The MACD indicator for JX LUXVENTURE GROUP INC (JXG) has a value of -0.265636, indicating a bearish trend.
Can you provide the support and resistance levels for JX LUXVENTURE GROUP INC?
JX LUXVENTURE GROUP INC (JXG) has a resistance level at 8.1. Check the full technical report for our detailed analysis of JXG support and resistance levels.