Taking everything into account, SJIM scores 0 out of 10 in our technical rating. 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.
SJIM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. 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
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.
When analyzing the resistance we notice 4 important areas.
- 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. |
NYSEARCA:SJIM (2/13/2024, 8:08:09 PM)
19.78
0 (0%)
Inverse Cramer Tracker ETF / SJIM FAQ
What is the technical rating for SJIM stock?
ChartMill assigns a technical rating of 0 / 10 to SJIM.
What is the trend direction for SJIM stock?
The current trend direction for Inverse Cramer Tracker ETF (SJIM) is Bearish.
What is the RSI signal for SJIM stock?
Inverse Cramer Tracker ETF (SJIM) has an RSI value of 36.5273. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Inverse Cramer Tracker ETF?
The MACD indicator for Inverse Cramer Tracker ETF (SJIM) has a value of 0.0740428, indicating a bearish trend.
What is the buy/sell signal for SJIM stock?
The buy/sell signal for Inverse Cramer Tracker ETF (SJIM) is sell as both the short term and long term trends are negative.