We assign a technical rating of 7 out of 10 to PJAN. Although PJAN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
PJAN 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 a resistance zone just above the current price starting at 47.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 46.90, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
37.82
4 important support areas can be observed.
- A support zone ranging from 45.58 to 46.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @44.20 from a horizontal line in the daily time frame.
- Support @39.96 from a horizontal line in the weekly time frame.
- Support @38.20 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 47.03 to 47.03. 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 PJAN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PJAN is up. |
| ChartMill Relative Strength | 66.37 | NEUTRAL | PJAN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PJAN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PJAN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PJAN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.21 | OVERBOUGHT | The high RSI value suggests PJAN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PJAN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.27 | OVERBOUGHT | The high Stochastics value suggests PJAN may be overbought. |
| Average True Range in percent/ATR (20) | 0.28 | LOW VOLATILITY | The low ATR as a percentage value for PJAN suggests low volalility. |
| Average Directional Index/ADX (14) | 32.06 | POSITIVE | The high ADX value value for PJAN suggests a strong trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 47.04 | 46.62 | 0.42 (0.90%) | 25.00% |
| An entry @47.04. This is a Buy Stop order right above the resistance zone. | An exit @46.62. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.42 points, which is 0.90%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.23%. |
- 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.
NYSEARCA:PJAN (12/31/2025, 8:23:52 PM)
47.02
+0.02 (+0.04%)
INNOVATOR U.S. EQUITY POWER / PJAN FAQ
What is the ChartMill technical rating of INNOVATOR U.S. EQUITY POWER (PJAN) stock?
ChartMill assigns a technical rating of 7 / 10 to PJAN.
What is the trend direction for PJAN stock?
The current trend direction for INNOVATOR U.S. EQUITY POWER (PJAN) is Bullish.
What is the RSI signal for PJAN stock?
INNOVATOR U.S. EQUITY POWER (PJAN) has an RSI value of 70.2103. This indicates that the stock is currently overbought.
What is the short term momentum for INNOVATOR U.S. EQUITY POWER (PJAN) stock?
The short term momentum for INNOVATOR U.S. EQUITY POWER (PJAN) is positive.
What are the support and resistance levels for INNOVATOR U.S. EQUITY POWER (PJAN) stock?
INNOVATOR U.S. EQUITY POWER (PJAN) has a support level at 46.9 and a resistance level at 47.03. Check the full technical report for our detailed analysis of PJAN support and resistance levels.