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Archive - 11/22/2024 - Sign In to see current Signals. |
Jack Henry & Associates (JKHY) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Jack Henry & Associates (JKHY). During the week, the JKHY gave back -0.70 points, or -0.40%, and closed at 172.50 on Friday, November 22, 2024. JKHY was trading at average weekly trading volume. Long-term trend: [See JKHY long-term trend chart] A long-term uptrend had started on October 27, 2023 at 136.57 and reached 189.60 on November 6, 2024. JKHY gained -53.03 points, or -38.83%, in 53 weeks. The chart has formed a Rising Wedge chart pattern. The price is near the trend support (171.70) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a long-term trend. Medium-term trend: [See JKHY medium-term trend chart] A medium-term uptrend had started on June 13, 2024 at 157.00 and reached 189.60 on November 6, 2024. JKHY gained -32.60 points, or -20.76%, in 20 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 164.77 and resistance is at 192.48. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend. Weekly Technical Indicators: [See JKHY weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. Use the following link to access a MACD help. Short-term trend: [See JKHY short-term trend chart] A short-term downtrend had started on November 6, 2024 at 189.60 and reached 169.60 on November 20, 2024. JKHY lost 20.00 points, or 10.55%, in 14 days. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (167.66) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a short-term trend. Daily Technical Indicators: [See JKHY daily technical indicators chart] Daily Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help. The daily MACD line is below its signal line since October 21, 2024. This is an indication that the short-term trend is down. During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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