JOINT CORP/THE (JYNT) Stock Technical Analysis
NASDAQ:JYNT - Nasdaq - US47973J1025 - Common Stock - Currency: USD
Taking everything into account, JYNT scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, JYNT is a bad performer.
When comparing the yearly performance of all stocks, JYNT is a bad performer in the overall market: 75% of all stocks are doing better.
The long and short term trends are both positive. This is looking good!
JYNT is an average performer in the Health Care Providers & Services industry, it outperforms 44% of 103 stocks in the same industry.
JYNT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so JYNT is lagging the market.
In the last month JYNT has a been trading in the 10.46 - 13.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
JYNT has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
9.80
12.92
We found 4 important support areas.
- A support zone ranging from 11.01 to 11.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.38 from a trend line in the daily time frame.
- Support @10.20 from a trend line in the weekly time frame.
- A support zone ranging from 9.90 to 9.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @12.04 from a trend line in the weekly time frame.
- A resistance zone ranging from 12.58 to 12.79. This zone is formed by a combination of multiple trend lines 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 JYNT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JYNT is up. |
| ChartMill Relative Strength | 25.93 | NEGATIVE | JYNT has a low relative strength, it was outperformed by 74.07% 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) | UP | POSITIVE | The current price of JYNT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.81 | 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) | 35.81 | NEUTRAL | The Stochastics value for JYNT is a neutral value. |
| Average True Range in percent/ATR (20) | 7.5 | HIGH VOLATILITY | The high ATR as a percentage value for JYNT suggests high volalility. |
| Average Directional Index/ADX (14) | 41.68 | POSITIVE | The high ADX value value for JYNT suggests a strong 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)
11.76
+0.2 (+1.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg1.73%
1 Week2.26%
2 Weeks6.72%
1 Month14.06%
3 Month9.91%
6 Month10.53%
12 Month-10.98%
2 Year-12.89%
3 Year-31.23%
5 Year-18.56%
10 Year23.92%
15 YearN/A
Volatility
ATR(14)0.79
ATR(20)%7.5%
ATR Inc-48.88%
Range Today0.46
ADR(20)0.84
ADR(20)%7.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.93
Mansfield-0.37
10 Day High13
10 Day Low10.85
20 Day High13.47
20 Day Low10.46
52 Week High15.32
52 Week Low9.58
CS1 End11.06
CR1 Start11.73
Volume & EV
DER(3)2.33%
DER(5)2.04%
Volume40.50K
Volume Incr64.18%
Vol(5)122.84K
Vol(50)70.64K