Taking everything into account, JYNT scores 3 out of 10 in our technical rating. In the past year, JYNT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
JYNT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 8.80. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for JYNT in the last couple of days, which is a good sign.
8.67
3 important resistance areas can be observed.
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 JYNT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for JYNT is neutral. |
| ChartMill Relative Strength | 21.26 | NEGATIVE | JYNT has a low relative strength, it was outperformed by 78.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JYNT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JYNT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of JYNT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52 | NEUTRAL | The RSI value for JYNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests JYNT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.4 | NEUTRAL | The Stochastics value for JYNT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.2 | MEDIUM VOLATILITY | The ATR as a percentage value for JYNT suggests some volalility. |
| Average Directional Index/ADX (14) | 11.93 | NEGATIVE | The low ADX value for JYNT suggests a weak or negative trend. |
8.76
-0.18 (-2.01%)
ChartMill assigns a technical rating of 3 / 10 to JYNT.
The current trend direction for JOINT CORP/THE (JYNT) is Bearish.
JOINT CORP/THE (JYNT) has an RSI value of 52.0029. This indicates that the stock is currently neutral.
The MACD indicator for JOINT CORP/THE (JYNT) has a value of 0.000311055, indicating a bearish trend.