Technical Analysis for AMJB - JPMorgan Chase & Co. Alerian MLP Index ETNs due January 28, 2044
ADX | Long Term | Intermediate Term | Short Term |
---|---|---|---|
Weak or Absent | N/A | Down | Flat |
Date | Alert Name | Type | % Chg |
---|---|---|---|
Pocket Pivot | Bullish Swing Setup | 0.00% | |
Cup with Handle | Other | 0.00% | |
Outside Day | Range Expansion | 0.00% | |
Gapped Up | Strength | 0.00% | |
Oversold Stochastic | Weakness | 0.00% | |
NR7 | Range Contraction | 0.21% | |
Narrow Range Bar | Range Contraction | 0.21% | |
Oversold Stochastic | Weakness | 0.21% | |
180 Bearish Setup | Bearish Swing Setup | -0.07% | |
Cup with Handle | Other | -0.07% |
Alert | Time |
---|---|
Rose Above Previous Day's High | about 22 hours ago |
Bearish 180 Entry | 2 days ago |
Fell Below Previous Day's Low | 2 days ago |
Possible NR7 | 2 days ago |
Possible NR7 | 3 days ago |
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JPMorgan Chase & Co. Alerian MLP Index ETNs due January 28, 2044 Description
AMJB offers investors the opportunity to exchange their existing notes (AJM-US, maturing on May 24, 2024) for this ETN, comprising new notes set to mature on January 28, 2044. While both the old and new notes offer a return linked to the same index, as measured by its VWAP level, and cash distributions on its components, the new notes are subject to the issuers right of redemption at its sole discretion. The notes track a market cap-weighted index, consisting of 50 MLPs chosen based on distributions, with their primary revenue centered on midstream energy activities. Qualified midstream activities include gathering & processing, liquefaction, pipeline transportation, rail terminaling, storage, compression, and marketing. Note that holders of the note do not imply any ownership stake. JPMorgan Chase & Co. provides complete and unconditional assurance for any payments. Distributions will be taxed as ordinary income.
Classification
Keywords: Natural Gas Petroleum Industry Midstream Distribution Pipeline Transportation Midstream Energy Activities Algorithmic Trading
Indicator | Bull Case | Neutral / Hold | Bear Case |
---|---|---|---|
50 DMA | |||
200 DMA | |||
ADX Trend | |||
Oversold / Overbought | |||
Relative Strength |
Indicator | Value |
---|---|
52 Week High | 30.8973 |
52 Week Low | 24.646 |
Average Volume | 71,565 |
200-Day Moving Average | 0.00 |
50-Day Moving Average | 28.48 |
20-Day Moving Average | 28.53 |
10-Day Moving Average | 28.29 |
Average True Range | 0.28 |
RSI (14) | 43.18 |
ADX | 8.48 |
+DI | 20.05 |
-DI | 22.16 |
Chandelier Exit (Long, 3 ATRs) | 28.33 |
Chandelier Exit (Short, 3 ATRs) | 28.92 |
Upper Bollinger Bands | 29.11 |
Lower Bollinger Band | 27.96 |
Percent B (%b) | 0.18 |
BandWidth | 4.00 |
MACD Line | -0.10 |
MACD Signal Line | -0.04 |
MACD Histogram | -0.0561 |
Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
---|---|---|---|---|---|
Resistance 4 (R4) | 28.49 | ||||
Resistance 3 (R3) | 28.49 | 28.40 | 28.43 | ||
Resistance 2 (R2) | 28.40 | 28.32 | 28.39 | 28.41 | |
Resistance 1 (R1) | 28.28 | 28.27 | 28.24 | 28.28 | 28.40 |
Pivot Point | 28.19 | 28.19 | 28.16 | 28.18 | 28.19 |
Support 1 (S1) | 28.07 | 28.11 | 28.03 | 28.07 | 27.94 |
Support 2 (S2) | 27.98 | 28.06 | 27.97 | 27.93 | |
Support 3 (S3) | 27.86 | 27.98 | 27.91 | ||
Support 4 (S4) | 27.86 |