NASDAQ:SJW - Nasdaq - US7843051043 - Common Stock - Currency: USD
Taking everything into account, SJW scores 6 out of 10 in our technical rating. SJW has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Although the technical rating is only medium, SJW does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 54.81. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 53.12, a Stop Loss order could be placed below this zone.
51.35
When analyzing the support we notice one important area.
When analyzing the resistance we notice 4 important areas.
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 |
---|---|---|---|
55.15 | 51.86 | 3.29 (5.97%) | 16.76% |
An entry @55.15. This is a Buy Stop order right above the resistance zone. | An exit @51.86. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.29 points, which is 5.97%. | For a 1.00% total portfolio risk, you can invest 16.76% of your capital in this trade. |
54.35
+1.68 (+3.19%)