SAN JUAN BASIN ROYALTY TR (SJT) Stock Technical Analysis
NYSE:SJT - New York Stock Exchange, Inc. - US7982411057 - Currency: USD
We assign a technical rating of 4 out of 10 to SJT. In the last year, SJT was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
SJT is part of the Oil, Gas & Consumable Fuels industry. There are 208 other stocks in this industry. SJT outperforms 85% of them.
When comparing the yearly performance of all stocks, we notice that SJT is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
SJT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SJT is lagging the market slightly.
In the last month SJT has a been trading in the 5.65 - 6.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SJT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 5.97. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.76, a Stop Loss order could be placed below this zone.
More info and screens
4.29
6.82
When analyzing the support we can see 2 important areas.
- A support zone ranging from 5.64 to 5.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.33 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 5.97 to 6.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.22 to 6.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.75 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for SJT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SJT is neutral. |
| ChartMill Relative Strength | 83.63 | POSITIVE | SJT has a high relative strength, it outperformed 83.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SJT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SJT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SJT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.9 | NEUTRAL | The RSI value for SJT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SJT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 42.16 | NEUTRAL | The Stochastics value for SJT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.52 | MEDIUM VOLATILITY | The ATR as a percentage value for SJT suggests some volalility. |
| Average Directional Index/ADX (14) | 11.14 | NEGATIVE | The low ADX value for SJT suggests a weak or negative 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)
5.84
-0.21 (-3.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-3.47%
1 Week2.82%
2 Weeks-2.18%
1 Month-6.11%
3 Month-6.56%
6 Month40.05%
12 Month52.08%
2 Year-13.1%
3 Year-53.02%
5 Year102.78%
10 Year-46.72%
15 Year-73.51%
Volatility
ATR(14)0.19
ATR(20)%3.52%
ATR Inc-18.39%
Range Today0.18
ADR(20)0.2
ADR(20)%3.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.63
Mansfield1.35
10 Day High6.08
10 Day Low5.65
20 Day High6.42
20 Day Low5.65
52 Week High7.22
52 Week Low3.21
CS1 End5.76
CR1 Start5.97
Volume & EV
DER(3)-4.96%
DER(5)1.02%
Volume94.60K
Volume Incr-15.43%
Vol(5)154.32K
Vol(50)230.21K