JACKSON FINANCIAL INC-A (JXN) Stock Technical Analysis
NYSE:JXN • US46817M1071
Overall JXN gets a technical rating of 6 out of 10. In the last year, JXN was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month JXN has a been trading in the 108.38 - 123.61 range, which is quite wide. It is currently trading near the lows 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 76% of all stocks.
- JXN is part of the Financial Services industry. There are 98 other stocks in this industry. JXN outperforms 92% of them.
- JXN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so JXN is lagging the market slightly.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- Volume is considerably higher in the last couple of days.
JXN has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 112.91, a Stop Loss order could be placed below this zone.
More info and screens
68.51
We found 4 important support areas.
- A support zone ranging from 109.39 to 112.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @104.51 from a trend line in the weekly time frame.
- Support @95.95 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 | DOWN | NEGATIVE | The short term trend for JXN is down. |
| ChartMill Relative Strength | 76.96 | POSITIVE | JXN has a high relative strength, it outperformed 76.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of JXN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of JXN is below 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) | 47.97 | NEUTRAL | The RSI value for JXN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.94 | NEGATIVE | The MACD value suggests JXN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.67 | OVERSOLD | The low Stochastics value suggests JXN may be oversold. |
| Average True Range in percent/ATR (20) | 3.79 | MEDIUM VOLATILITY | The ATR as a percentage value for JXN suggests some volalility. |
| Average Directional Index/ADX (14) | 26.06 | POSITIVE | The high ADX value value for JXN suggests a strong trend. |
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 |
|---|---|---|---|
| 113.47 | 109.38 | 4.09 (3.61%) | 25.00% |
| An entry @113.47. This is a Buy Stop order right above the 10 day moving average. | An exit @109.38. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.09 points, which is 3.61%. | For a 0.90% 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.
112.92
+3.53 (+3.23%)
JACKSON FINANCIAL INC-A / JXN FAQ
What is the technical rating for JXN stock?
ChartMill assigns a technical rating of 6 / 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 47.9712. 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 negative.
What is the buy/sell signal for JACKSON FINANCIAL INC-A (JXN) stock?
The buy/sell signal for JACKSON FINANCIAL INC-A (JXN) is hold as the short term and long term trends are mixed.