SOUTH JERSEY INDUSTRIES (SJI) Technical Analysis
NYSE:SJI • US8385181081
Current stock price
SJI Technical Rating and Analysis
Taking everything into account, SJI scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, SJI has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that SJI is one of the better performing stocks in the market, outperforming 93% of all stocks.
- SJI is part of the Gas Utilities industry. There are 15 other stocks in this industry. SJI outperforms 100% of them.
- SJI is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SJI is leading the market.
- SJI has an average volume of 3119820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month SJI has a been trading in a tight range between 35.20 and 36.13.
- Volume is considerably higher in the last couple of days.
SJI Weekly and Daily overview Charts
SJI Setup Rating and Analysis
Besides having an excellent technical rating, SJI 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 36.12. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 35.98, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
SJI Support and Resistance Analysis
32.74
When analyzing the support we can see 2 important areas.
- A support zone ranging from 34.44 to 35.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 33.07 to 33.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 36.12 to 36.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
SJI 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 | UP | POSITIVE | The long term trend for SJI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SJI is up. |
| ChartMill Relative Strength | 93.31 | POSITIVE | SJI has a high relative strength, it outperformed 93.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SJI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SJI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SJI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.91 | NEUTRAL | The RSI value for SJI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SJI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.94 | OVERBOUGHT | The high Stochastics value suggests SJI may be overbought. |
| Average True Range in percent/ATR (20) | 0.42 | LOW VOLATILITY | The low ATR as a percentage value for SJI suggests low volalility. |
| Average Directional Index/ADX (14) | 26.32 | POSITIVE | The high ADX value value for SJI suggests a strong trend. |
SJI Chart- and CandleStick Pattern Analysis
SJI Example Setup
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 |
|---|---|---|---|
| 36.29 | 35.68 | 0.61 (1.68%) | 25.00% |
| An entry @36.29. This is a Buy Stop order right above the resistance zone. | An exit @35.68. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.61 points, which is 1.68%. | For a 0.42% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
SJI Technicals: Chart, Performance Metrics, Trend & Indicators
36.09
-0.02 (-0.06%)
SOUTH JERSEY INDUSTRIES / SJI TA FAQ
What is the technical rating for SJI stock?
ChartMill assigns a technical rating of 8 / 10 to SJI.
What is the current trend direction of SOUTH JERSEY INDUSTRIES (SJI) stock?
The current trend direction for SOUTH JERSEY INDUSTRIES (SJI) is Bullish.
What is the RSI signal for SJI stock?
SOUTH JERSEY INDUSTRIES (SJI) has an RSI value of 67.9143. This indicates that the stock is currently neutral.
What is the MACD signal for SJI stock?
The MACD indicator for SOUTH JERSEY INDUSTRIES (SJI) has a value of 0.00305443, indicating a bearish trend.
What is the buy/sell signal for SJI stock?
The buy/sell signal for SOUTH JERSEY INDUSTRIES (SJI) is buy as both the short term and long term trends are positive.