J-long Group Limited Stock Forecast

Buy or Hold candidate since May 19, 2025 Gain 45.49%

The J-Long Group Limited stock price gained 6.13% on the last trading day (Wednesday, 11th Jun 2025), rising from $5.50 to $5.84. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 15.58% from a day low at $5.29 to a day high of $6.11. The price has risen in 7 of the last 10 days and is up by 12.9% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 33 thousand more shares were traded than the day before. In total, 38 thousand shares were bought and sold for approximately $221.38 thousand.

The stock lies in the upper part of a very wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $5.95 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 26.75% during the next 3 months and, with a 90% probability hold a price between $4.55 and $7.54 at the end of this 3-month period.

JL Signals & Forecast

The J-Long Group Limited stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $5.44 and $4.29. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, April 21, 2025, and so far it has risen 103.38%. Further rise is indicated until a new top pivot has been found. J-Long Group Limited has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for J-Long Group Limited stock

On the downside, the stock finds support just below today's level from accumulated volume at $4.80 and $4.74. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, J-Long Group Limited finds support just below today's level at $4.80. If this is broken, then the next support from accumulated volume will be at $4.74 and $4.71.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.82 between high and low, or 15.58%. For the last week, the stock has had daily average volatility of 5.16%.

Our recommended stop-loss: $5.63 (-3.46%) (This stock has very high daily movements and this gives very high risk. There is a buy signal from a pivot bottom found 36 days ago.)

Trading Expectations (JL) For The Upcoming Trading Day Of Thursday 12th

For the upcoming trading day on Thursday, 12th we expect J-Long Group Limited to open at $5.75, and during the day (based on 14 day Average True Range), to move between $5.52 and $6.16, which gives a possible trading interval of +/-$0.321 (+/-5.50%) up or down from last closing price. If J-Long Group Limited takes out the full calculated possible swing range there will be an estimated 11.00% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $4.80, some $1.04 (17.76%) from the current price of $5.84, our system finds the risk reward attractive.

Is J-Long Group Limited stock A Buy?

J-Long Group Limited holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 7.476 Strong Buy Candidate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on June 12, 2025 - $5.75 ( 1.54%).

Want to trade but not sure how? Our step-by-step guide can help.
Skip the guide? Open account with our trusted broker*