We assign a technical rating of 7 out of 10 to PJUL. Although PJUL is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, PJUL 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 46.08. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 45.72, a Stop Loss order could be placed below this zone.
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36.92
4 important support areas can be observed.
- A support zone ranging from 44.83 to 45.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @44.06 from a horizontal line in the daily time frame.
- Support @38.59 from a horizontal line in the weekly time frame.
- Support @37.29 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 46.08 to 46.08. 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 PJUL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PJUL is up. |
| ChartMill Relative Strength | 67.39 | NEUTRAL | PJUL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PJUL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PJUL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PJUL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.65 | NEUTRAL | The RSI value for PJUL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests PJUL has a positive trend. |
| Stochastics (14,3) | 89.06 | OVERBOUGHT | The high Stochastics value suggests PJUL may be overbought. |
| Average True Range in percent/ATR (20) | 0.55 | LOW VOLATILITY | The low ATR as a percentage value for PJUL suggests low volalility. |
| Average Directional Index/ADX (14) | 17 | NEGATIVE | The low ADX value for PJUL suggests a weak or negative 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 |
|---|---|---|---|
| 46.09 | 45.09 | 1.00 (2.17%) | 25.00% |
| An entry @46.09. This is a Buy Stop order right above the resistance zone. | An exit @45.09. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.00 points, which is 2.17%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.54%. |
- 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.
46.07
+0.09 (+0.2%)
INNOVATOR U.S. EQUITY POWER / PJUL FAQ
Can you provide the ChartMill technical rating for INNOVATOR U.S. EQUITY POWER?
ChartMill assigns a technical rating of 7 / 10 to PJUL.
What is the trend direction for PJUL stock?
The current trend direction for INNOVATOR U.S. EQUITY POWER (PJUL) is Bullish.
What is the RSI signal for PJUL stock?
INNOVATOR U.S. EQUITY POWER (PJUL) has an RSI value of 60.6549. This indicates that the stock is currently neutral.
What is the MACD signal for PJUL stock?
The MACD indicator for INNOVATOR U.S. EQUITY POWER (PJUL) has a value of 0.0310132, indicating a bearish trend.
What is the support and resistance level for PJUL stock?
INNOVATOR U.S. EQUITY POWER (PJUL) has a support level at 45.72 and a resistance level at 46.08. Check the full technical report for our detailed analysis of PJUL support and resistance levels.