SJW GROUP (SJW) Technical Analysis
NASDAQ:SJW • US7843051043
Current stock price
SJW Technical Rating and Analysis
Taking everything into account, SJW scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SJW is only an average performer.
- The long and short term trends are both positive. This is looking good!
- SJW is one of the better performing stocks in the Water Utilities industry, it outperforms 76% of 14 stocks in the same industry.
- SJW is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- When compared to the yearly performance of all other stocks, SJW outperforms 59% of them, which is more or less in line with the market.
- SJW 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 SJW is lagging the market slightly.
SJW Weekly and Daily overview Charts
SJW Setup Rating and Analysis
SJW has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 56.58. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 54.63, a Stop Loss order could be placed below this zone.
More info and screens
SJW Support and Resistance Analysis
50.20
When analyzing the support we can see 3 important areas.
- A support zone ranging from 53.59 to 54.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 52.30 to 52.59. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 50.71 to 51.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 56.58 to 56.70. This zone is formed by a combination of multiple trend lines in the daily time frame.
SJW 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 SJW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SJW is up. |
| ChartMill Relative Strength | 59.6 | NEUTRAL | SJW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SJW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SJW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SJW is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.62 | NEUTRAL | The RSI value for SJW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests SJW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.23 | NEUTRAL | The Stochastics value for SJW is a neutral value. |
| Average True Range in percent/ATR (20) | 3.17 | MEDIUM VOLATILITY | The ATR as a percentage value for SJW suggests some volalility. |
| Average Directional Index/ADX (14) | 13.29 | NEGATIVE | The low ADX value for SJW suggests a weak or negative trend. |
SJW Chart- and CandleStick Pattern Analysis
SJW Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 56.71 | 53.58 | 3.13 (5.52%) | 18.12% |
| An entry @56.71. This is a Buy Stop order right above the resistance zone. | An exit @53.58. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.13 points, which is 5.52%. | When investing 18.12% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SJW Technicals: Chart, Performance Metrics, Trend & Indicators
54.86
-0.37 (-0.67%)
SJW GROUP / SJW TA FAQ
What is the ChartMill technical rating of SJW GROUP (SJW) stock?
ChartMill assigns a technical rating of 8 / 10 to SJW.
What is the trend direction for SJW stock?
The current trend direction for SJW GROUP (SJW) is Bullish.
Can you provide the RSI signal for SJW GROUP?
SJW GROUP (SJW) has an RSI value of 52.6182. This indicates that the stock is currently neutral.
What is the buy/sell signal for SJW GROUP (SJW) stock?
The buy/sell signal for SJW GROUP (SJW) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for SJW GROUP?
SJW GROUP (SJW) has a support level at 54.63 and a resistance level at 56.58. Check the full technical report for our detailed analysis of SJW support and resistance levels.