JX Luxventure Ltd (JXJT) Technical Analysis
NASDAQ:JXJT • MHY460023028
Current stock price
JXJT Technical Rating and Analysis
Taking everything into account, JXJT scores 0 out of 10 in our technical rating. JXJT'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 negative, as is the long term trend. There should be more interesting stocks out there.
- 96% of all other stocks performed better in the past year than JXJT.
- JXJT is one of the lesser performing stocks in the Textiles, Apparel & Luxury Goods industry. 93% of 45 stocks in the same industry do better.
- JXJT is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so JXJT is lagging the market.
- In the last month JXJT has a been trading in the 0.78 - 1.35 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
JXJT Weekly and Daily overview Charts
JXJT Setup Rating and Analysis
The technical rating of JXJT 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.
More info and screens
JXJT Support and Resistance Analysis
0.80
We can see 2 important resistance areas.
- Resistance @1.34 from a trend line in the weekly time frame.
- Resistance @1.87 from a horizontal line in the daily time frame.
JXJT 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 JXJT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for JXJT is down. |
| ChartMill Relative Strength | 4.77 | NEGATIVE | JXJT has a low relative strength, it was outperformed by 95.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of JXJT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of JXJT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of JXJT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 25.98 | OVERSOLD | The low RSI value suggests JXJT may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests JXJT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.84 | OVERSOLD | The low Stochastics value suggests JXJT may be oversold. |
| Average True Range in percent/ATR (20) | 14.22 | HIGH VOLATILITY | The high ATR as a percentage value for JXJT suggests high volalility. |
| Average Directional Index/ADX (14) | 28.79 | POSITIVE | The high ADX value value for JXJT suggests a strong trend. |
JXJT Chart- and CandleStick Pattern Analysis
JXJT Technicals: Chart, Performance Metrics, Trend & Indicators
0.8075
-0.02 (-2.96%)
JX Luxventure Ltd / JXJT TA FAQ
Can you provide the ChartMill technical rating for JX Luxventure Ltd?
ChartMill assigns a technical rating of 0 / 10 to JXJT.
What is the trend direction for JXJT stock?
The current trend direction for JX Luxventure Ltd (JXJT) is Bearish.
Can you provide the RSI signal for JX Luxventure Ltd?
JX Luxventure Ltd (JXJT) has an RSI value of 25.9799. This indicates that the stock is currently oversold.
What is the MACD signal for JX Luxventure Ltd (JXJT) stock?
The MACD indicator for JX Luxventure Ltd (JXJT) has a value of -0.0253685, indicating a bearish trend.
Can you provide the buy/sell signal for JX Luxventure Ltd?
The buy/sell signal for JX Luxventure Ltd (JXJT) is sell as both the short term and long term trends are negative.