J JILL GROUP INC Stock Forecast
Weaker technical forecast for J JILL GROUP INC as stock downgraded to Sell Candidate.
(Updated on Apr 18, 2024)
The J JILL GROUP INC stock price fell by -0.512% on the last day (Thursday, 18th Apr 2024) from $25.41 to $25.28. During the last trading day the stock fluctuated 2.10% from a day low at $25.20 to a day high of $25.73. The price has fallen in 8 of the last 10 days and is down by -13.84% for this period. Volume has increased on the last day by 4 thousand 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, 49 thousand shares were bought and sold for approximately $1.24 million.
Given the current short-term trend, the stock is expected to rise 17.90% during the next 3 months and, with a 90% probability hold a price between $29.81 and $39.64 at the end of this 3-month period.
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JILL Signals & Forecast
There are few to no technical positive signals at the moment. The J JILL GROUP INC stock 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 $26.15 and $27.38. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, April 01, 2024, and so far it has fallen -22.33%. 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). J JILL GROUP INC 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 J JILL GROUP INC stock
J JILL GROUP INC finds support from accumulated volume at $24.85 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.530 between high and low, or 2.10%. For the last week, the stock has had daily average volatility of 3.69%.
J JILL GROUP INC is oversold on RSI14 (12). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (JILL) For The Upcoming Trading Day Of Friday 19th
For the upcoming trading day on Friday, 19th we expect J JILL GROUP INC to open at $25.40, and during the day (based on 14 day Average True Range), to move between $24.16 and $26.40, which gives a possible trading interval of +/-$1.12 (+/-4.43%) up or down from last closing price. If J JILL GROUP INC takes out the full calculated possible swing range there will be an estimated 8.86% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $24.85 (1.70%) than the resistance at $26.47 (4.71%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is J JILL GROUP INC stock A Buy?
The J JILL GROUP INC stock holds several negative signals and despite the positive trend, we believe J JILL GROUP INC will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.
Current score: -2.763 Sell Candidate Downgraded
Predicted Opening Price for J JILL GROUP INC of Friday, April 19, 2024
| Fair opening price April 19, 2024 | Current price |
|---|---|
| $25.40 ( 0.488%) | $25.28 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for JILL
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 25.93 | 2.58 % | |
| R2 | 25.73 | 1.78 % | ||
| R1 | 25.61 | 1.29 % | ||
| Current price: | 25.28 | |||
| Support | S1 | 25.20 | -0.313 % | |
| S2 | 25.08 | -0.81 % | ||
| S3 | 24.87 | -1.61 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 30.83 | 21.95 % | |
| R2 | 29.26 | 15.74 % | ||
| R1 | 26.47 | 4.71 % | ||
| Current price | 25.28 | |||
| Support | S1 | 24.85 | -1.70% | |
| S2 | 24.73 | -2.18% | ||
| S3 | 23.91 | -5.42% |
JILL Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 06, 2019 | Mar 19, 2019 | Apr 01, 2019 | $5.75 | 20.83% |
| 2 | Mar 06, 2019 | Mar 18, 2019 | Nov 10, 2020 | $5.75 | 153.33% |
FAQ
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