JOINT CORP/THE (JYNT) Technical Analysis
NASDAQ:JYNT • US47973J1025
Current stock price
JYNT Technical Rating and Analysis
Taking everything into account, JYNT scores 4 out of 10 in our technical rating. JYNT has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, JYNT is a bad performer in the overall market: 82% of all stocks are doing better.
- 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.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- JYNT is part of the Health Care Providers & Services industry. There are 100 other stocks in this industry, JYNT did better than 41% of them.
- In the last month JYNT has a been trading in the 8.28 - 9.43 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
JYNT Weekly and Daily overview Charts
JYNT Setup Rating and Analysis
Although the technical rating is only medium, JYNT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. 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 9.12. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.91, a Stop Loss order could be placed below this zone.
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JYNT Support and Resistance Analysis
8.08
2 important support areas can be observed.
- A support zone ranging from 8.64 to 8.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.16 to 8.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 9.12 to 9.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.86 from a trend line in the daily time frame.
- A resistance zone ranging from 10.06 to 10.10. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @10.36 from a horizontal line in the daily time frame.
JYNT Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for JYNT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for JYNT is neutral. |
| ChartMill Relative Strength | 18.75 | NEGATIVE | JYNT has a low relative strength, it was outperformed by 81.25% 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) | 55.62 | 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. |
| Stochastics (14,3) | 33.08 | NEUTRAL | The Stochastics value for JYNT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.65 | MEDIUM VOLATILITY | The ATR as a percentage value for JYNT suggests some volalility. |
| Average Directional Index/ADX (14) | 18.72 | NEGATIVE | The low ADX value for JYNT suggests a weak or negative trend. |
JYNT Chart- and CandleStick Pattern Analysis
JYNT Technicals: Chart, Performance Metrics, Trend & Indicators
9.02
+0.22 (+2.5%)
JOINT CORP/THE / JYNT TA FAQ
What is the ChartMill technical rating of JOINT CORP/THE (JYNT) stock?
ChartMill assigns a technical rating of 4 / 10 to JYNT.
What is the current trend direction of JOINT CORP/THE (JYNT) stock?
The current trend direction for JOINT CORP/THE (JYNT) is Bearish.
Can you provide the RSI signal for JOINT CORP/THE?
JOINT CORP/THE (JYNT) has an RSI value of 55.6216. This indicates that the stock is currently neutral.
What is the MACD signal for JYNT stock?
The MACD indicator for JOINT CORP/THE (JYNT) has a value of 0.00212291, indicating a bearish trend.
What are the support and resistance levels for JOINT CORP/THE (JYNT) stock?
JOINT CORP/THE (JYNT) has a support level at 8.91 and a resistance level at 9.12. Check the full technical report for our detailed analysis of JYNT support and resistance levels.