JACKSON FINANCIAL INC-A (JXN) Stock Technical Analysis
USA - NYSE:JXN - US46817M1071 - Common Stock
96.79 USD
+2.95 (+3.14%)
96.79 USD
0 (0%)
Overall JXN gets a technical rating of 7 out of 10. 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.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
JXN is part of the Financial Services industry. There are 101 other stocks in this industry. JXN outperforms 73% of them.
In the last month JXN has a been trading in the 92.98 - 99.61 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the performance of all stocks over the past year, JXN turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
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.
Besides having an excellent technical rating, JXN also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 97.06. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
68.51
100.01
We found 5 important support areas.
- A support zone ranging from 89.71 to 90.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 84.06 to 86.20. 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 @78.68 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.
- A resistance zone ranging from 97.06 to 99.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for JXN is neutral. |
| ChartMill Relative Strength | 65.28 | NEUTRAL | JXN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of JXN is below 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) | DOWN | MIXED | The current price of JXN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.39 | NEUTRAL | The RSI value for JXN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.49 | NEGATIVE | The MACD value suggests JXN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43.26 | NEUTRAL | The Stochastics value for JXN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.44 | MEDIUM VOLATILITY | The ATR as a percentage value for JXN suggests some volalility. |
| Average Directional Index/ADX (14) | 23.59 | NEUTRAL | The ADX value for JXN suggests a possible start of a new 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 |
|---|---|---|---|
| 99.03 | 92.97 | 6.06 (6.12%) | 16.34% |
| An entry @99.03. This is a Buy Stop order right above the resistance zone. | An exit @92.97. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 6.06 points, which is 6.12%. | For a 1.00% total portfolio risk, you can invest 16.34% of your capital in this trade. |
- 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.
96.79
+2.95 (+3.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg3.14%
1 Week-0.08%
2 Weeks0.09%
1 Month1.1%
3 Month14.33%
6 Month13.1%
12 Month7.43%
2 Year153.24%
3 Year248.79%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.56
ATR(20)%2.44%
ATR Inc94.1%
Range Today4.61
ADR(20)2.17
ADR(20)%2.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.28
Mansfield-0.25
10 Day High99.5
10 Day Low92.98
20 Day High99.61
20 Day Low92.98
52 Week High115.22
52 Week Low64.7
CS1 End90.17
CR1 Start97.06
Volume & EV
DER(3)-1.78%
DER(5)-0.53%
Volume1.03M
Volume Incr59%
Vol(5)700.24K
Vol(50)540.71K