NASDAQ:SJW - Nasdaq - US7843051043 - Common Stock - Currency: USD
Taking everything into account, SJW scores 8 out of 10 in our technical rating. Although SJW is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, SJW also presents 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 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.
50.20
3 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 worst case loss on the trade is limited to 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%. |
54.86
-0.37 (-0.67%)