JANUS SMALL CAP GROWTH ALPHA JANUS ETF Forecast
Red day on Thursday for JANUS SMALL CAP GROWTH ALPHA JANUS
(Updated on Apr 18, 2024)
The JANUS SMALL CAP GROWTH ALPHA JANUS ETF price fell by -0.496% on the last day (Thursday, 18th Apr 2024) from $56.40 to $56.12. It has now fallen 5 days in a row. During the last trading day the ETF fluctuated 1.75% from a day low at $56.10 to a day high of $57.08. The price has fallen in 6 of the last 10 days and is down by -4.78% for this period. Volume has increased on the last day by 213 shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 10 thousand shares were bought and sold for approximately $572.93 thousand.
The ETF has broken the narrow and weak rising short-term trend down. This signalizes a slower rate of rising, but may also be an early warning about a possible trend shift. Due to the trend being broken there will now be resistance at the bottom line of the trend at $58.40. A reaction back to this level may hold a second chance to get out before further falls.
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JSML Signals & Forecast
There are few to no technical positive signals at the moment. The JANUS SMALL CAP GROWTH ALPHA JANUS ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $57.37 and $58.88. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, March 28, 2024, and so far it has fallen -7.21%. 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). JANUS SMALL CAP GROWTH ALPHA JANUS gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".
Support, Risk & Stop-loss for JANUS SMALL CAP GROWTH ALPHA JANUS ETF
There is no support from accumulated volume below today's level and given the right condition the ETF may perform very badly in the next couple of days.
This ETF is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the ETF moved $0.98 (1.75%) between high and low. For the last week, the ETF has had daily average volatility of 1.61%.
JANUS SMALL CAP GROWTH ALPHA JANUS is oversold on RSI14 (22). Some ETFS may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (JSML) For The Upcoming Trading Day Of Friday 19th
For the upcoming trading day on Friday, 19th we expect JANUS SMALL CAP GROWTH ALPHA ETF JANUS SMALL CAP GROWTH ALPHA ETF to open at $56.43, and during the day (based on 14 day Average True Range), to move between $55.25 and $56.99, which gives a possible trading interval of +/-$0.87 (+/-1.56%) up or down from last closing price. If JANUS SMALL CAP GROWTH ALPHA ETF JANUS SMALL CAP GROWTH ALPHA ETF takes out the full calculated possible swing range there will be an estimated 3.11% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ $56.80, some $0.681 (1.21%) from the current price of $56.12, our system finds the risk reward not very attractive.
Is JANUS SMALL CAP GROWTH ALPHA ETF JANUS SMALL CAP GROWTH ALPHA ETF ETF A Buy?
The JANUS SMALL CAP GROWTH ALPHA JANUS ETF holds several negative signals and despite the positive trend, we believe JANUS SMALL CAP GROWTH ALPHA JANUS will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF.
Current score: -1.098 Sell Candidate Unchanged
Predicted Opening Price for JANUS SMALL CAP GROWTH ALPHA ETF JANUS SMALL CAP GROWTH ALPHA ETF of Friday, April 19, 2024
Fair opening price April 19, 2024 | Current price |
---|---|
$56.43 ( 0.558%) | $56.12 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for JSML
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 57.41 | 2.30 % | |
R2 | 57.04 | 1.64 % | ||
R1 | 56.81 | 1.23 % | ||
Current price: | 56.12 | |||
Support | S1 | 56.06 | -0.109 % | |
S2 | 55.83 | -0.521 % | ||
S3 | 55.45 | -1.19 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 57.43 | 2.33 % | |
R2 | 56.96 | 1.50 % | ||
R1 | 56.80 | 1.21 % | ||
Current price | 56.12 | |||
Support | S1 | 0 | . | |
S2 | 0 | . | ||
S3 | 0 | . |
JSML Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Mar 28, 2024 | Mar 28, 2024 | Apr 04, 2024 | $0.0531 | 0.0901% |
2 | Dec 19, 2023 | Dec 20, 2023 | Dec 27, 2023 | $0.132 | 0.220% |
3 | Sep 28, 2023 | Sep 29, 2023 | Oct 05, 2023 | $0.0570 | 0.113% |
4 | Jun 29, 2023 | Jun 30, 2023 | Jul 07, 2023 | $0.0630 | 0.113% |
5 | Mar 30, 2023 | Mar 31, 2023 | Apr 06, 2023 | $0.0380 | 0.0785% |
FAQ
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