SHAW COMMUNICATIONS INC-B (SJR) Technical Analysis
NYSE:SJR • CA82028K2002
Current stock price
SJR Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to SJR. Although SJR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- SJR is part of the Media industry. There are 91 other stocks in this industry. SJR outperforms 80% of them.
- SJR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SJR is performing more or less in line with the market.
- In the last month SJR has a been trading in the 28.21 - 30.18 range, which is quite wide. It is currently trading near the high of this range.
- SJR has an average volume of 1307560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, SJR did better than 73% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- Volume is considerably higher in the last couple of days.
SJR Weekly and Daily overview Charts
SJR Setup Rating and Analysis
Although SJR has an excellent technical rating, it does not offer a high 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
SJR Support and Resistance Analysis
28.05
We found 1 important support area.
- A support zone ranging from 28.33 to 29.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- Resistance @30.19 from a horizontal line in the weekly time frame.
SJR 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 SJR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SJR is up. |
| ChartMill Relative Strength | 73.88 | POSITIVE | SJR has a high relative strength, it outperformed 73.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SJR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SJR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SJR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.62 | OVERBOUGHT | The high RSI value suggests SJR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests SJR has a positive trend. |
| Stochastics (14,3) | 91.81 | OVERBOUGHT | The high Stochastics value suggests SJR may be overbought. |
| Average True Range in percent/ATR (20) | 1.14 | LOW VOLATILITY | The low ATR as a percentage value for SJR suggests low volalility. |
| Average Directional Index/ADX (14) | 25.72 | POSITIVE | The high ADX value value for SJR suggests a strong trend. |
SJR Chart- and CandleStick Pattern Analysis
SJR Technicals: Chart, Performance Metrics, Trend & Indicators
30.18
+0.27 (+0.9%)
SHAW COMMUNICATIONS INC-B / SJR TA FAQ
What is the technical rating for SJR stock?
ChartMill assigns a technical rating of 7 / 10 to SJR.
What is the current trend direction of SHAW COMMUNICATIONS INC-B (SJR) stock?
The current trend direction for SHAW COMMUNICATIONS INC-B (SJR) is Bullish.
Can you provide the RSI signal for SHAW COMMUNICATIONS INC-B?
SHAW COMMUNICATIONS INC-B (SJR) has an RSI value of 74.6247. This indicates that the stock is currently overbought.
What is the short term momentum for SJR stock?
The short term momentum for SHAW COMMUNICATIONS INC-B (SJR) is positive.
What is the buy/sell signal for SJR stock?
The buy/sell signal for SHAW COMMUNICATIONS INC-B (SJR) is buy as both the short term and long term trends are positive.