|
|
Downtrend Broken Resist.Archive
- 4/26/2024 -
Sign In to see current Signals. |
Jack Henry & Associates (JKHY) Technical Analysis
|
 |
| 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 -0.72 points, or -0.43%, and closed at 164.88 on Friday, April 26, 2024. Weekly volume was -39% below average.
 Long-term trend: [See JKHY long-term trend chart]
A long-term downtrend had started on August 10, 2022 at 212.62 and reached 136.57 on October 27, 2023. JKHY lost 76.05 points, or 35.77%, in 63 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (134.46) 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 long-term trend.
 Medium-term trend: [See JKHY medium-term trend chart]
A medium-term downtrend had started on February 12, 2024 at 178.37 and reached 163.53 on April 17, 2024. JKHY lost 14.84 points, or 8.32%, in 9 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 161.92 and resistance is at 171.73. A Broadening Descending 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 Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See JKHY weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since April 12, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help.
 Short-term trend: [See JKHY short-term trend chart]
A short-term uptrend had started on April 17, 2024 at 163.53 and reached 167.79 on April 23, 2024. JKHY gained -4.26 points, or -2.61%, in 6 days. The price is now at the 68.31% retracement level.
 Daily Technical Indicators: [See JKHY daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. 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 and Williams' Percentage Range help.
The daily MACD line is below its signal line since April 11, 2024. The distance between MACD and the signal line is low and getting smaller.
| |
|
|