SAN JUAN BASIN ROYALTY TR (SJT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SJT - US7982411057
Overall SJT gets a technical rating of 5 out of 10. Although SJT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is only medium, SJT 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 5.63, a Stop Loss order could be placed below this zone.
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5.17
2 important support areas can be observed.
- A support zone ranging from 5.54 to 5.63. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 5.22 to 5.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 6.26 to 6.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 6.47 to 6.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for SJT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SJT is neutral. |
| ChartMill Relative Strength | 72.33 | POSITIVE | SJT has a high relative strength, it outperformed 72.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SJT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SJT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SJT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.34 | NEUTRAL | The RSI value for SJT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SJT has a positive trend. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for SJT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.76 | MEDIUM VOLATILITY | The ATR as a percentage value for SJT suggests some volalility. |
| Average Directional Index/ADX (14) | 16.76 | NEGATIVE | The low ADX value for SJT suggests a weak or negative trend. |
5.66
+0.02 (+0.35%)
SAN JUAN BASIN ROYALTY TR / SJT FAQ
Can you provide the ChartMill technical rating for SAN JUAN BASIN ROYALTY TR?
ChartMill assigns a technical rating of 5 / 10 to SJT.
What is the trend direction for SJT stock?
The current trend direction for SAN JUAN BASIN ROYALTY TR (SJT) is Bearish.
What is the RSI signal for SJT stock?
SAN JUAN BASIN ROYALTY TR (SJT) has an RSI value of 51.3434. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SAN JUAN BASIN ROYALTY TR?
The MACD indicator for SAN JUAN BASIN ROYALTY TR (SJT) has a value of 0.0304709, indicating a bearish trend.
What is the short term momentum for SAN JUAN BASIN ROYALTY TR (SJT) stock?
The short term momentum for SAN JUAN BASIN ROYALTY TR (SJT) is neutral.