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JPMorgan Equity Premium Income ETF

Check the daily chart of JPMorgan Equity Premium Income ETF. The closing price of 2023-02-03 was USD 54.69 per share.

JPMorgan Equity Premium Income ETF Daily Candlestick Chart

1. Trend Indicators

1.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

JPMorgan Equity Premium Income ETF Daily Moving Averages ChartJPMorgan Equity Premium Income ETF Daily Moving Averages Chart
1.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Let's take a look of the Moving Average Convergence/Divergence (MACD) of JPMorgan Equity Premium Income ETF:

  • The Moving Average Convergence/Divergence (MACD) is -0.042. The Moving Average Convergence/Divergence (MACD) below zero is a bearish sign. -1
  • The MACD is lower than the signal line. This is a bearish indication. -1
JPMorgan Equity Premium Income ETF Daily Moving Average Convergence/Divergence (MACD) ChartJPMorgan Equity Premium Income ETF Daily Moving Average Convergence/Divergence (MACD) Chart
1.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index).

The ADX helps you determine the strength of a trend. Let's take a look of the ADX of JPMorgan Equity Premium Income ETF:

  • The ADX is 7.742. Not trending. -2
  • The ADX is rising, a new trend could be forming. +1
  • The +DI is lower than the -DI. The current trend is down. -2
JPMorgan Equity Premium Income ETF Daily Directional Movement Index (DMI) ChartJPMorgan Equity Premium Income ETF Daily Directional Movement Index (DMI) Chart
1.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..
  • The Parabolic SAR is higher than the price. The current trend is down. -2
  • JPMorgan Equity Premium Income ETF Daily Parabolic SAR ChartJPMorgan Equity Premium Income ETF Daily Parabolic SAR Chart

    2. Momentum Indicators

    2.1 Relative Strength Index (RSI)

    Measures the speed and change of price movements.

    • Leading momentum indicator, meaning the signals are instant.
    • Ranges between 0 and 100.
    • Above 70 is considered overbought.
    • Below 30 is considered oversold.
    • Above or below 50 can also be used to determine price trend or support and resistance.
    • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
    • Can be used in many different ways
    • The RSI is below 50. -1
    JPMorgan Equity Premium Income ETF Daily Relative Strength Index (RSI) ChartJPMorgan Equity Premium Income ETF Daily Relative Strength Index (RSI) Chart
    2.2 Stochastic Oscillator

    Compares a certain price to multiple prices ranging over time.

    • Leading momentum indicator, meaning the signals are instant.
    • Used to determine overbought and oversold areas much like the RSI.
    • Ranges between 0 and 100.
    • Above 80 is considered overbought.
    • Below 20 is considered oversold.
    • Consists of two lines named K and D.
    • K compares the highest high and lowest low on the selected price range.
    • The D line is a moving average of the K line.
    • Can be used to spot divergences
    • The Stochastic is below 50. -1
    • The Stochastic is below 30 and oversold. +2
    JPMorgan Equity Premium Income ETF Daily Stochastic Oscillator ChartJPMorgan Equity Premium Income ETF Daily Stochastic Oscillator Chart
    2.3 Commodity Channel Index (CCI)
    JPMorgan Equity Premium Income ETF Daily Commodity Channel Index (CCI) ChartJPMorgan Equity Premium Income ETF Daily Commodity Channel Index (CCI) Chart
    2.4 Chande Momentum Oscillator (CMO)
    JPMorgan Equity Premium Income ETF Daily Chande Momentum Oscillator (CMO) ChartJPMorgan Equity Premium Income ETF Daily Chande Momentum Oscillator (CMO) Chart
    2.5 Williams %R
    JPMorgan Equity Premium Income ETF Daily Williams %R ChartJPMorgan Equity Premium Income ETF Daily Williams %R Chart

    3. Volatility Indicators

    3.1 Bollinger Bands
    JPMorgan Equity Premium Income ETF Daily Bollinger Bands ChartJPMorgan Equity Premium Income ETF Daily Bollinger Bands Chart
    3.2 Average True Range (ATR)
    JPMorgan Equity Premium Income ETF Daily Average True Range (ATR) ChartJPMorgan Equity Premium Income ETF Daily Average True Range (ATR) Chart

    4. Volume Indicators

    4.1 On-Balance Volume (OBV)
    JPMorgan Equity Premium Income ETF Daily On-Balance Volume (OBV) ChartJPMorgan Equity Premium Income ETF Daily On-Balance Volume (OBV) Chart
    4.2 Money Flow Index (MFI)
    JPMorgan Equity Premium Income ETF Daily Money Flow Index (MFI) ChartJPMorgan Equity Premium Income ETF Daily Money Flow Index (MFI) Chart

    5. Summary

    5.1. Notifications

    TypeNotificationDate
    PenkeCurrently no notifications for JPMorgan Equity Premium Income ETF.

    5.2. Trading Signals

    DateIndicatorEntry signalExit signal
    2023-01-23DMI LONG ENTRY SHORT CLOSE
    2023-01-27MACD SHORT ENTRY LONG CLOSE
    2023-01-30MACD LONG ENTRY SHORT CLOSE
    DMI SHORT ENTRY LONG CLOSE
    2023-01-31DMI LONG ENTRY SHORT CLOSE
    2023-02-01MACD SHORT ENTRY LONG CLOSE
    2023-02-02STOCH LONG ENTRY SHORT CLOSE20 crossover to upside

    5.2. Technical Score

    Let's check the technical score of JPMorgan Equity Premium Income ETF based on Penke's default Symbol scanner.

    Penke's Symbol Scanner

      
      
    IndicatorConditionValue
    RsiGreater than5043.855
    Ma 20Greater thanMa 5055.156
    Ma 50Greater thanMa 10055.359
    Ma 100Greater thanMa 20054.330
    OpenGreater thanClose54.800
    Total2/5 (40.0%)

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