Inverse Cramer Tracker ETF (SJIM) Stock Technical Analysis
NYSEARCA:SJIM - NYSE Arca - US66538H1462 - ETF - Currency: USD
Overall SJIM gets a technical rating of 0 out of 10. SJIM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, SJIM is a bad performer in the overall market: 100% of all stocks are doing better.
SJIM is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Warning: SJIM has an average volume of 1556 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month SJIM has a been trading in a tight range between 19.35 and 20.35.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, SJIM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 19.77, a Stop Loss order could be placed below this zone.
More info and screens
19.16
25.07
We found 1 important support area.
- A support zone ranging from 19.35 to 19.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 19.83 to 20.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @21.47 from a trend line in the daily time frame.
- Resistance @24.16 from a horizontal line in the daily time frame.
- Resistance @24.82 from a horizontal line in the daily time frame.
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 SJIM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SJIM is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | SJIM has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SJIM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SJIM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SJIM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.53 | NEUTRAL | The RSI value for SJIM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests SJIM has a positive trend. |
| Stochastics (14,3) | 50.12 | NEUTRAL | The Stochastics value for SJIM is a neutral value. |
| Average True Range in percent/ATR (20) | 0.91 | LOW VOLATILITY | The low ATR as a percentage value for SJIM suggests low volalility. |
| Average Directional Index/ADX (14) | 23.76 | NEUTRAL | The ADX value for SJIM suggests a possible start of a new 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)
NYSEARCA:SJIM (2/13/2024, 8:08:09 PM)
19.78
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week-0.19%
2 Weeks-1.37%
1 Month-2.23%
3 Month-11.74%
6 Month-17.7%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%0.91%
ATR Inc-81.42%
Range Today0.02
ADR(20)0.1
ADR(20)%0.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High20.08
10 Day Low19.35
20 Day High20.35
20 Day Low19.35
52 Week HighN/A
52 Week LowN/A
CS1 End19.77
CR1 Start19.83
Volume & EV
DER(3)0%
DER(5)0%
Volume400
Volume Incr-75.28%
Vol(5)560
Vol(50)1.56K