Free Equally Weighted Resource 10 In (J3EQ.JO) Technical Analysis Signals

Overal Signal
Hold
Signals
Hold Buy Hold Hold
Last Update / Period
04 Feb / Daily
Category/Currency
Indexes/ZAR
Exchange/Country
JNB/--

Equally Weighted Resource 10 In (J3EQ.JO) signal with technical analysis on 04 Feb

On 04 Feb, we conducted a comprehensive technical analysis of Equally Weighted Resource 10 In (J3EQ.JO), considering 256 signals with intricate details. Here are the key findings: 180 signals suggested buy strategies, while 11 indicated sell strategies. The remaining 65 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 43
Sell Signals: 3
Neutral Signals: 18
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 45
Sell Signals: 2
Neutral Signals: 17
Result: This strategy leads to a Buy position.

Strategy 3:
Buy Signals: 45
Sell Signals: 3
Neutral Signals: 16
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 47
Sell Signals: 3
Neutral Signals: 14
Result: This strategy leads to a Hold position.

Overall Strategy:
Buy Signals: 180
Sell Signals: 11
Neutral Signals: 65
Result: This strategy leads to a Hold position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your Equally Weighted Resource 10 In (J3EQ.JO) investments, we highly recommend visiting the "Magic Prediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for Equally Weighted Resource 10 In (J3EQ.JO) on , there appears to be a tendency toward a buy signal based on historical data and analysis. However, it's essential to remember that these signals are not guarantees, and investment decisions should be made carefully. It's important to consider the overall market conditions and how your choices align with your specific investment goals.


Based on the signals, we offer the following recommendations:

Equally Weighted Resource 10 In (J3EQ.JO) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, based on the consensus of our technical analysis signals, it is advised to maintain your current position with increased vigilance and caution. However, always be careful and closely monitor market developments.

Equally Weighted Resource 10 In (J3EQ.JO) trading strategy for those in sell positions (short positions): If you are currently in a sell (short) position, it is recommended to carefully time your exit based on the combination of technical analysis signals. If you have a high risk tolerance, consider waiting for potential market movements in the coming days.

For new positions: If you are not currently in the market or are considering switching to a buy (long) position, it is advisable to consider the projected price range. This range represents a potential upside of 5.43%, determined by the highest predicted price. However, before initiating a buy position, conduct thorough research to ensure it fits your risk tolerance and investment goals.

In all your trading endeavors, implementing a well-defined stop-loss strategy is crucial to managing potential downside risks effectively.

Useful Tip 2: For those interested in long-term forecasting, we recommend using the "predict-price" website, which offers both short-term and long-term predictions for free. This can help you make well-informed decisions regarding your **Equally Weighted Resource 10 In (J3EQ.JO)** holdings.

Equally Weighted Resource 10 In (J3EQ.JO) Price Analysis and Resistance Levels:

Given our current long position in Equally Weighted Resource 10 In (J3EQ.JO), analyzing key resistance levels is crucial to better understand its price movement. These resistance levels are important benchmarks for our strategy, and we will explore multiple scenarios to provide a comprehensive outlook.

First resistance level (2901.86): The primary hurdle is the 2901.86 price level. If the prevailing trend remains unchanged, Equally Weighted Resource 10 In (J3EQ.JO) could break above this level, indicating its strength and potential for further growth.

Second resistance level (3020.3): If the upward trend shows significant strength, Equally Weighted Resource 10 In (J3EQ.JO) may cross the second resistance level at 3020.3, signaling a significant upside move and a promising direction for our position.

Third resistance level (3043.67): For a more comprehensive analysis, we should consider a scenario where Equally Weighted Resource 10 In (J3EQ.JO) not only breaks the second resistance level but also holds its price above this benchmark. If this trend continues in the coming days, it could pave the way for Equally Weighted Resource 10 In (J3EQ.JO) to reach the third resistance level at 3043.67.
It's crucial to monitor these resistance levels closely and understand them within the context of overall market trends and indicators. To make informed decisions while trading Equally Weighted Resource 10 In (J3EQ.JO), stay alert and continuously analyze the market. By considering these resistance levels and broader market dynamics, you can make smarter trading choices and better adapt to the evolving nature of this market.

Equally Weighted Resource 10 In (J3EQ.JO) technical analysis chart

Equally Weighted Resource 10 In (J3EQ.JO) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 2901.86 3020.3 3043.67 3195.35 3216.72
Support 2514.19 2449 2436.62 2404.09 2326.06
 Equally Weighted Resource 10 In (J3EQ.JO) Support and Resistance area (04 Feb)

Equally Weighted Resource 10 In (J3EQ.JO) signals list for 04 Feb

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Equally Weighted Resource 10 In (J3EQ.JO) candlestick patterns on 04 Feb

Today's Equally Weighted Resource 10 In (J3EQ.JO) Candle Patterns List:

Advance Block

Equally Weighted Resource 10 In (J3EQ.JO) technical analysis over the past days

# Date Overal Signals ALL Signals
1 03 Feb Hold HoldHoldHoldHold
2 31 Jan Hold HoldBuyHoldHold
3 30 Jan Buy BuyNeutralBuyHold
4 29 Jan Buy HoldHoldNeutralBuy
5 28 Jan Sell HoldHoldNeutralNeutral
6 27 Jan Sell SellSellHoldHold
7 24 Jan Buy NeutralBuyHoldHold
8 23 Jan Sell SellNeutralHoldHold
9 22 Jan Hold NeutralHoldHoldHold
10 21 Jan Hold HoldHoldHoldHold
11 20 Jan Hold HoldHoldHoldHold
12 17 Jan Hold HoldHoldHoldHold
13 16 Jan Hold HoldHoldHoldHold
14 15 Jan Hold HoldHoldHoldHold
15 14 Jan Hold HoldHoldHoldHold
16 13 Jan Hold HoldHoldHoldHold
17 10 Jan Hold HoldHoldHoldHold
18 09 Jan Buy HoldHoldBuyBuy
19 08 Jan Buy HoldHoldNeutralNeutral
20 07 Jan Hold HoldBuyNeutralHold
21 06 Jan Hold HoldNeutralHoldHold
22 03 Jan Hold HoldNeutralHoldHold
23 02 Jan Buy BuyNeutralHoldHold
24 31 Dec Hold HoldHoldHoldHold
25 30 Dec Hold HoldHoldHoldHold
26 27 Dec Hold HoldHoldHoldHold
27 24 Dec Hold HoldHoldHoldHold
28 23 Dec Hold HoldHoldHoldHold
29 20 Dec Hold HoldHoldHoldHold
30 19 Dec Hold HoldHoldHoldHold

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