JACKSON FINANCIAL INC-A (JXN) Stock Technical Analysis
NYSE:JXN - US46817M1071 - Common Stock
98.47 USD
+3.03 (+3.17%)
98.47 USD
0 (0%)
Taking everything into account, JXN scores 8 out of 10 in our technical rating. Although JXN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
JXN is one of the better performing stocks in the Financial Services industry, it outperforms 78% of 100 stocks in the same industry.
In the last month JXN has a been trading in the 82.65 - 99.61 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, JXN did better than 77% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
JXN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so JXN is lagging the market.
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
99.46
When analyzing the support we can see 6 important areas.
- Support @97.88 from a horizontal line in the daily time frame.
- A support zone ranging from 86.48 to 86.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 84.06 to 84.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @81.75 from a horizontal line in the daily time frame.
- Support @78.86 from a trend line in the weekly time frame.
- Support @69.20 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @98.48 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 | 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 | 77.33 | POSITIVE | JXN has a high relative strength, it outperformed 77.33% 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) | 65.69 | NEUTRAL | The RSI value for JXN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.53 | POSITIVE | The MACD value suggests JXN has a positive trend. |
| Stochastics (14,3) | 92.39 | OVERBOUGHT | The high Stochastics value suggests JXN may be overbought. |
| Average True Range in percent/ATR (20) | 2.89 | MEDIUM VOLATILITY | The ATR as a percentage value for JXN suggests some volalility. |
| Average Directional Index/ADX (14) | 31.2 | POSITIVE | The high ADX value value for JXN suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 98.49 | 97.87 | 0.62 (0.63%) | 25.00% |
| An entry @98.49. This is a Buy Stop order right above the resistance zone. | An exit @97.87. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.62 points, which is 0.63%. | For a 0.16% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of JXN. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
98.47
+3.03 (+3.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg3.17%
1 Week4.27%
2 Weeks8.73%
1 Month11.67%
3 Month21.69%
6 Month20.53%
12 Month12.98%
2 Year161.89%
3 Year215%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.02
ATR(20)%2.89%
ATR Inc-6.41%
Range Today3.94
ADR(20)2.63
ADR(20)%2.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.33
Mansfield0.1
10 Day High99.61
10 Day Low90.49
20 Day High99.61
20 Day Low82.65
52 Week High115.22
52 Week Low64.7
CS1 End97.88
CR1 Start98.48
Volume & EV
DER(3)4.07%
DER(5)3.34%
Volume555.60K
Volume Incr-17.32%
Vol(5)493.78K
Vol(50)612.48K