JPMorgan Emerging Markets Inv Trust (JMG)

Technical analysis

The information in this section is provided by Noesis Tech Analysis not Barclays.

This share factsheet isn’t an investment recommendation. We don’t offer personal advice so if you’re unsure, please seek independent advice. Remember, the value of investments can fall as well as rise and you may get back less than you invest.

Trend

The trend arrows show short, mid and long term signal.

Short term comment

The technical bias of the price neutral-bearish quoting in a range of low movement with near roof in 138.774 and base in the 133.25 area. Overcoming any of the two levels that delimit this range would warn of the meaning of the subsequent trend.

Long term comment

Between may and july 2020 a bearish phase took place and moved the price from 107.518 to 72.105. This phase was corrected by a significative upward reaction that returned the price to 152.900 levels on the 21th of february. After this, the current fall from 152.900 to 136.800 has not reached the previous lows in 72.105, an area of important support.

Technical outlook

Bullish in the long term, although it must still break above the resistance at 21.07 to slightly improve in the short term.

Technical Comment: Outperform

Oscillators

Sell

• 8

  Sell

• 2

  Neutral

• 2

  Buy

Moving average

Neutral

• 6

  Sell

• 5

  Neutral

• 2

  Buy

Pivot points

Alerts