ABRDN JAPAN EQUITY FUND INC (JEQ) Stock Technical Analysis
NYSE:JEQ - New York Stock Exchange, Inc. - US00306J1097 - Currency: USD
We assign a technical rating of 2 out of 10 to JEQ. JEQ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, JEQ is a bad performer in the overall market: 64% of all stocks are doing better.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
JEQ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so JEQ is lagging the market.
In the last month JEQ has a been trading in the 5.67 - 6.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of JEQ is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
5.40
6.41
2 important support areas can be observed.
- A support zone ranging from 5.61 to 5.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.45 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 5.81 to 5.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.15 to 6.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 6.30 to 6.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.08
Mansfield-0.97
10 Day High6.05
10 Day Low5.79
20 Day High6.05
20 Day Low5.67
52 Week High6.39
52 Week Low5.27
Performance
1 Week-2.53%
2 Weeks-2.69%
1 Month0.02%
3 Month1.76%
6 Month-6.16%
12 Month-4.93%
2 Year10.92%
3 Year-19.25%
5 Year-13.19%
10 Year-24.81%
15 Year5.27%
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)43.85
LBB5.81
UBB6.01
5.79
-0.13 (-2.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.2%
1 Week-2.53%
2 Weeks-2.69%
1 Month0.02%
3 Month1.76%
6 Month-6.16%
12 Month-4.93%
2 Year10.92%
3 Year-19.25%
5 Year-13.19%
10 Year-24.81%
15 Year5.27%
Volatility
ATR(14)0.08
ATR(20)%1.49%
ATR Inc-6.83%
Range Today0.03
ADR(20)0.07
ADR(20)%1.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.08
Mansfield-0.97
10 Day High6.05
10 Day Low5.79
20 Day High6.05
20 Day Low5.67
52 Week High6.39
52 Week Low5.27
CS1 End5.67
CR1 Start5.81
Volume & EV
DER(3)3.05%
DER(5)2.73%
Volume44.50K
Volume Incr-27.74%
Vol(5)34.30K
Vol(50)45.46K