Previous Hold Today JE ranks #2842 as HOLD CANDIDATE. Next Hold
Today JE ranks #2842 as HOLD CANDIDATE.

JE stock Just Energy Group, Inc. Ordinary Shares (Canada)

JE stock
Just Energy Group, Inc. Ordinary Shares (Canada)

March 19, 2019
Change -1.13%
Chart period: 2018-12-20 - 2019-03-19
VOLUME
Buy
TREND
Buy

MV LONG
Sell

MV SHORT
Sell

PIVOT
Sell

MACD
Sell

Will JE stock price go up or down on Thu, 21 Mar 2019?

Just Energy Group, Inc. Ordinary Shares (Canada) Forecast and Stock Analysis

Technical JE stock analysis for March 19, 2019.

Hold candidate since 2019-03-15 Loss -1.41%
Shorts 14.03% ( 2019-02-28 )
Cash n/a
Loans n/a
Beta 0.55
ROA 13.76

Just Energy Group, Inc. Ordinary Shares (Canada) fell by -1.13% in the last day from $3.53 to $3.49 and has now fallen 5 days in a row. The price has fallen in 6 of the last 10 days and is down by -3.59% for this period. Volume has increased in the last day by 37 314 shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 125 536 shares bought and sold for approximately $438 121.00.

Close price at the end of the last trading day (Tuesday, 19th Mar 2019) of the JE stock was $3.49. This is 1.13% less than the trading day before Monday, 18th Mar 2019.

During day the stock fluctuated 3.18% from a day low at $3.47 to a day high of $3.58.

30 day high of the JE stock price was $3.76 and low was $3.41.
90 day high was $3.79 and low was $3.08.
52 week high for the Just Energy Group, Inc. Ordinary Shares (Canada) - $4.67 and low - $2.80.

Trend

Just Energy Group, Inc. Ordinary Shares (Canada) lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 5.35% during the next 3 months and, with 90% probability hold a price between $3.50 and $4.08 at the end of this period.

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Signals

There are few to none technical positive signals at the moment. Just Energy Group, Inc. Ordinary Shares (Canada) holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at $3.61 and $3.59. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Wednesday March 13, 2019, which indicates further falls until a new bottom pivot has been found. Just Energy Group, Inc. Ordinary Shares (Canada) 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-off's".

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Relative Strength Index (RSI)

RSI14 is 42 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Just Energy Group, Inc. Ordinary Shares (Canada) finds support from accumulated volume at $3.48.

Support: $3.48 Price: $3.49 Resistance: $3.59

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.11 (3.18%) between high and low. For the last week, the stock has had a daily average volatility of 2.44%.

Our recommended stoploss: $3.30 (-5.37%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 4 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation: Hold/Accumulate

Just Energy Group, Inc. Ordinary Shares (Canada) holds several negative signals and this should give a sell recommendation, but due to the general chance for a turnaround situation we recommend to hold or accumulate whilst awaiting for further development.

Previous Hold Today JE ranks #2842 as HOLD CANDIDATE. Next Hold
Today JE ranks #2842 as HOLD CANDIDATE.