JACKSON FINANCIAL INC-A (JXN) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:JXN • US46817M1071
Overall JXN gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, JXN is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- JXN is part of the Financial Services industry. There are 97 other stocks in this industry. JXN outperforms 91% of them.
- JXN is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month JXN has a been trading in the 110.11 - 123.61 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that JXN is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Although JXN has an excellent technical rating, the quality of the presented setup is not ideal 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
68.51
We found 5 important support areas.
- A support zone ranging from 113.35 to 116.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 106.65 to 109.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @102.33 from a trend line in the weekly time frame.
- Support @94.75 from a trend line in the daily time frame.
- Support @69.20 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for JXN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JXN is up. |
| ChartMill Relative Strength | 85.55 | POSITIVE | JXN has a high relative strength, it outperformed 85.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JXN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JXN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JXN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.69 | NEUTRAL | The RSI value for JXN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests JXN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.8 | OVERBOUGHT | The high Stochastics value suggests JXN may be overbought. |
| Average True Range in percent/ATR (20) | 2.78 | MEDIUM VOLATILITY | The ATR as a percentage value for JXN suggests some volalility. |
| Average Directional Index/ADX (14) | 35.6 | POSITIVE | The high ADX value value for JXN suggests a strong trend. |
118.44
-3.77 (-3.08%)
JACKSON FINANCIAL INC-A / JXN FAQ
What is the technical rating for JXN stock?
ChartMill assigns a technical rating of 9 / 10 to JXN.
What is the trend direction for JXN stock?
The current trend direction for JACKSON FINANCIAL INC-A (JXN) is Bullish.
What is the RSI signal for JACKSON FINANCIAL INC-A (JXN) stock?
JACKSON FINANCIAL INC-A (JXN) has an RSI value of 60.6936. This indicates that the stock is currently neutral.
What is the short term momentum for JXN stock?
The short term momentum for JACKSON FINANCIAL INC-A (JXN) is positive.
What is the buy/sell signal for JACKSON FINANCIAL INC-A (JXN) stock?
The buy/sell signal for JACKSON FINANCIAL INC-A (JXN) is buy as both the short term and long term trends are positive.