JMPB Forecast and Technical Stock Analysis
Sell candidate since 2019-07-19
JMP Group LLC fell by -0.61% in the last day ( Friday, 19th Jul 2019 ) from $25.69 to $25.53 During the day the stock fluctuated 0.33% from a day low at $25.47 to a day high of $25.56. The price has fallen in 6 of the last 10 days , but is still up by 0.04% over the past 2 weeks. Volume has increased in the last day by 24 301 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, 24 840 shares bought and sold for approximately $634 195.00.
- 30 day high of the JMPB stock price was $25.87 and low was $25.36.
- 90 day high was $25.87 and low was $25.36.
- 52 week high for JMP Group LLC - $25.89 and low - $24.57.
JMP Group LLC is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect JMP Group LLC with a 90% probability to be traded between $25.42 and $25.93 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
There are few to none technical positive signals at the moment. JMP Group LLC holds sales signals from both short- and long-term moving averages. In addition, there is a general sales 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 $25.57 and $25.63. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Thursday July 18, 2019, which indicates further falls until a new bottom pivot has been found. JMP Group LLC 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".
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 59 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
JMP Group LLC finds support from accumulated volume at $25.51.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.08 (0.33%) between high and low. For the last week, the stock has had daily average volatility of 0.20%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
0.20 %Average volatility
Very Low Low Medium High Very High
JMP Group LLC holds several negative signals and is within a narrow and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Sell Candidate.
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