JOINT CORP/THE (JYNT) Stock Technical Analysis
NASDAQ:JYNT - US47973J1025 - Common Stock
10.61 USD
+0.15 (+1.43%)
10.61 USD
0 (0%)
We assign a technical rating of 0 out of 10 to JYNT. JYNT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
72% of all other stocks performed better in the past year than JYNT.
JYNT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month JYNT has a been trading in the 10.14 - 11.75 range, which is quite wide. It is currently trading near the lows of this range.
JYNT is part of the Health Care Providers & Services industry. There are 104 other stocks in this industry, JYNT did better than 56% of them.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, JYNT does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 10.90. 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.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
9.59
12.71
4 important support areas can be observed.
- Support @10.38 from a trend line in the weekly time frame.
- Support @10.19 from a trend line in the daily time frame.
- A support zone ranging from 9.89 to 9.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.69 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 10.90 to 11.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.26 to 11.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @11.71 from a trend line in the weekly time frame.
- A resistance zone ranging from 12.00 to 12.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @12.58 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 | DOWN | NEGATIVE | The long term trend for JYNT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for JYNT is down. |
| ChartMill Relative Strength | 28.68 | NEGATIVE | JYNT has a low relative strength, it was outperformed by 71.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of JYNT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of JYNT is below a declining 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) | 43.73 | NEUTRAL | The RSI value for JYNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests JYNT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.2 | NEUTRAL | The Stochastics value for JYNT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.87 | MEDIUM VOLATILITY | The ATR as a percentage value for JYNT suggests some volalility. |
| Average Directional Index/ADX (14) | 23.02 | NEUTRAL | The ADX value for JYNT 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)
10.61
+0.15 (+1.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg1.43%
1 Week-2.57%
2 Weeks-1.21%
1 Month-6.6%
3 Month6.1%
6 Month-6.52%
12 Month-7.42%
2 Year14.21%
3 Year-41.83%
5 Year-40.59%
10 Year26.76%
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%3.87%
ATR Inc5.76%
Range Today0.42
ADR(20)0.4
ADR(20)%3.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.68
Mansfield-1.31
10 Day High11.26
10 Day Low10.14
20 Day High11.75
20 Day Low10.14
52 Week High13.47
52 Week Low9.58
CS1 End10.38
CR1 Start10.9
Volume & EV
DER(3)3.77%
DER(5)1.82%
Volume230.70K
Volume Incr166.94%
Vol(5)124.10K
Vol(50)64.68K