J JILL GROUP INC Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
J JILL GROUP INC stock price down 1.69% on Monday
(Updated on Apr 22, 2024)
The J JILL GROUP INC stock price fell by -1.69% on the last day (Monday, 22nd Apr 2024) from $25.50 to $25.07. During the last trading day the stock fluctuated 2.50% from a day low at $24.80 to a day high of $25.42. The price has fallen in 7 of the last 10 days and is down by -13.55% for this period. Volume has increased on the last day by 40 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, 78 thousand shares were bought and sold for approximately $1.97 million.
Given the current short-term trend, the stock is expected to rise 15.98% during the next 3 months and, with a 90% probability hold a price between $29.08 and $39.05 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 $25.43 and $27.40. 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 -22.98%. 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 rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
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 $0.620 between high and low, or 2.50%. For the last week, the stock has had daily average volatility of 2.58%.
J JILL GROUP INC is oversold on RSI14 (10). 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 Tuesday 23rd
For the upcoming trading day on Tuesday, 23rd we expect J JILL GROUP INC to open at $25.10, and during the day (based on 14 day Average True Range), to move between $24.02 and $26.12, which gives a possible trading interval of +/-$1.05 (+/-4.20%) 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 8.40% 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 (0.88%) than the resistance at $26.47 (5.58%), 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.
Current score: -2.074 Sell Candidate Unchanged
Predicted Opening Price for J JILL GROUP INC of Tuesday, April 23, 2024
| Fair opening price April 23, 2024 | Current price |
|---|---|
| $25.10 ( 0.106%) | $25.07 |
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 | 25.72 | 2.58 % | |
| R2 | 25.48 | 1.63 % | ||
| R1 | 25.33 | 1.05 % | ||
| Current price: | 25.07 | |||
| Support | S1 | 24.86 | -0.84 % | |
| S2 | 24.71 | -1.42 % | ||
| S3 | 24.48 | -2.37 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 30.83 | 22.98 % | |
| R2 | 29.26 | 16.71 % | ||
| R1 | 26.47 | 5.58 % | ||
| Current price | 25.07 | |||
| Support | S1 | 24.85 | -0.88% | |
| S2 | 24.73 | -1.36% | ||
| S3 | 23.91 | -4.63% |
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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