JAMES HARDIE IND PLC (JHX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:JHX - US47030M1062 - Common Stock
Overall JHX gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. JHX was also a bad performer in the overall market in the last year.
JHX has a poor technical rating and the quality of the setup is also not perfect 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.
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18.88
We found 2 important support areas.
- A support zone ranging from 19.90 to 20.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.07 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 20.28 to 20.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 22.34 to 22.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @24.04 from a trend line in the weekly time frame.
- Resistance @25.05 from a trend line in the weekly time frame.
- Resistance @27.18 from a trend line in the daily 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 | DOWN | NEGATIVE | The long term trend for JHX is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JHX is up. |
| ChartMill Relative Strength | 18.24 | NEGATIVE | JHX has a low relative strength, it was outperformed by 81.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JHX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of JHX is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of JHX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.31 | NEUTRAL | The RSI value for JHX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests JHX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.4 | NEUTRAL | The Stochastics value for JHX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.91 | MEDIUM VOLATILITY | The ATR as a percentage value for JHX suggests some volalility. |
| Average Directional Index/ADX (14) | 22.15 | NEUTRAL | The ADX value for JHX suggests a possible start of a new trend. |
20.25
-0.03 (-0.15%)
JAMES HARDIE IND PLC / JHX FAQ
Can you provide the ChartMill technical rating for JAMES HARDIE IND PLC?
ChartMill assigns a technical rating of 2 / 10 to JHX.
What is the trend direction for JHX stock?
The current trend direction for JAMES HARDIE IND PLC (JHX) is Bearish.
Can you provide the RSI signal for JAMES HARDIE IND PLC?
JAMES HARDIE IND PLC (JHX) has an RSI value of 57.3055. This indicates that the stock is currently neutral.
What is the short term momentum for JHX stock?
The short term momentum for JAMES HARDIE IND PLC (JHX) is positive.
Can you provide the support and resistance levels for JAMES HARDIE IND PLC?
JAMES HARDIE IND PLC (JHX) has a support level at 20.24 and a resistance level at 20.28. Check the full technical report for our detailed analysis of JHX support and resistance levels.