SPDR MSCI Japan Quality Mix ETF (QJPN) Stock Technical Analysis
NYSEARCA:QJPN - NYSE Arca -
We assign a technical rating of 3 out of 10 to QJPN. QJPN has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
Warning: QJPN has an average volume of 524 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When compared to the yearly performance of all other stocks, QJPN outperforms 55% of them, which is more or less in line with the market.
QJPN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so QJPN is lagging the market.
In the last month QJPN has a been trading in a tight range between 75.68 and 77.60.
Considerably lower volume is observed in the last couple of days.
The technical rating of QJPN is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
74.92
80.57
We found 1 important support area.
- A support zone ranging from 75.68 to 77.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 78.28 to 79.77. 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 | DOWN | NEGATIVE | The long term trend for QJPN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for QJPN is neutral. |
| ChartMill Relative Strength | 55.14 | NEUTRAL | QJPN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QJPN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QJPN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of QJPN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.78 | NEUTRAL | The RSI value for QJPN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests QJPN has a positive trend. |
| Stochastics (14,3) | 67.82 | NEUTRAL | The Stochastics value for QJPN is a neutral value. |
| Average True Range in percent/ATR (20) | 0.35 | LOW VOLATILITY | The low ATR as a percentage value for QJPN suggests low volalility. |
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)
SPDR MSCI Japan Quality Mix ETF
NYSEARCA:QJPN (9/17/2018, 8:04:01 PM)
77.6
+0.89 (+1.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.16%
1 Week2.54%
2 Weeks1.15%
1 Month1.24%
3 Month-2.13%
6 Month0.7%
12 Month4.61%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%0.35%
ATR Inc235.17%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.14
Mansfield-0.75
10 Day High77.6
10 Day Low75.68
20 Day High77.6
20 Day Low75.68
52 Week High83.54
52 Week Low74.18
CS1 End77.32
CR1 Start78.28
Volume & EV
DER(3)0%
DER(5)0%
Volume200
Volume Incr-57.28%
Vol(5)220
Vol(50)524