Jerash Holdings (us). Stock Forecast

Sell candidate since Jun 06, 2025 Gain 0.64%

No changes to the price of Jerash Holdings (US) Inc. stock on the last trading day (Wednesday, 11th Jun 2025). During the last trading day the stock fluctuated 0.317% from a day low at $3.15 to a day high of $3.16. The price has fallen in 5 of the last 10 days and is down by -4.69% for this period.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -7.04% during the next 3 months and, with a 90% probability hold a price between $2.48 and $3.18 at the end of this 3-month period.

JRSH Signals & Forecast

There are mixed signals in the stock today. The Jerash Holdings (US) Inc. stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $3.16. On a fall, the stock will find some support from the short-term average at $3.15. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Tuesday, May 13, 2025, and so far it has fallen -10.00%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued. The stock had a Golden Star Signal on Friday, October 11, 2024 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Jerash Holdings (US) Inc. stock

Jerash Holdings (US) Inc. finds support from accumulated volume at $3.07 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.0100 between high and low, or 0.317%. For the last week the stock has had daily average volatility of 2.81%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

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

For the upcoming trading day on Thursday, 12th we expect Jerash Holdings (US) Inc. to open at $3.15, and during the day (based on 14 day Average True Range), to move between $3.04 and $3.26, which gives a possible trading interval of +/-$0.110 (+/-3.49%) up or down from last closing price. If Jerash Holdings (US) Inc. takes out the full calculated possible swing range there will be an estimated 6.98% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $3.17 (0.63%) than the support at $3.07 (2.54%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Jerash Holdings (US) Inc. stock A Buy?

Jerash Holdings (US) Inc. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -3.474 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 12, 2025 - $3.15 ( 0.106%).

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