JOINT CORP/THE (JYNT)

US47973J1025 - Common Stock

12.23  +0.15 (+1.24%)

After market: 12.23 0 (0%)

Technical Rating and Analysis

6

Overall JYNT gets a technical rating of 6 out of 10. In the last year, JYNT was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.

In the last month JYNT has a been trading in the 11.79 - 13.38 range, which is quite wide. It is currently trading near the lows of this range.
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!
When comparing the performance of all stocks over the past year, JYNT turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
JYNT is part of the Health Care Providers & Services industry. There are 117 other stocks in this industry, JYNT did better than 63% of them.
JYNT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so JYNT is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
JYNT Weekly chart
JYNT Daily chart
Setup Rating and Analysis

8

JYNT 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. We notice that large players showed an interest for JYNT in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

8.98

13.23

5 important support areas can be observed.

  • A support zone ranging from 12.14 to 12.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @11.91 from a horizontal line in the daily time frame.
  • Support @9.91 from a trend line in the daily time frame.
  • Support @9.41 from a trend line in the daily time frame.
  • Support @9.07 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 12.42 to 12.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 12.93 to 13.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.04
Mansfield0.05
10 Day High12.66
10 Day Low11.79
20 Day High13.39
20 Day Low11.79
52 Week High16.43
52 Week Low7.31
Performance
1 Week0.41%
2 Weeks0.66%
1 Month-6.36%
3 Month29.28%
6 Month55.01%
12 Month-22.55%
2 Year-59.93%
3 Year-77.96%
5 Year-30.75%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.08
RSI(14)50.62
LBB11.66
UBB12.9
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
12.6212.130.49 (3.88%)25.00%
An entry @12.62. This is a Buy Stop order right above the resistance zone.An exit @12.13. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.49 points, which is 3.88%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.97%.

  • The distance between exit and entry is rather small compared to the average daily movement of JYNT. 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.
JYNT Daily chart

JOINT CORP/THE

NASDAQ:JYNT (4/26/2024, 7:00:02 PM)

After market: 12.23 0 (0%)

12.23

+0.15 (+1.24%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg1.24%
1 Week0.41%
2 Weeks0.66%
1 Month-6.36%
3 Month29.28%
6 Month55.01%
12 Month-22.55%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.41
ATR(20)%3.51%
ATR Inc
Range Today0.23
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High12.66
10 Day Low11.79
20 Day High13.39
20 Day Low11.79
52 Week High16.43
52 Week Low7.31
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume22.90K
Volume Incr-37.75%
Vol(5)35.74K
Vol(50)93.09K