Jio Financial Services (543940.BO)

Close: 314.10 (-5.15), Nov 21, 2024
Weak Positive

Medium risk

chart Jio Financial Services Limited (543940) Candlesticks 22 Days
Candlesticks
chart Jio Financial Services Limited (543940) Short term
Short term: Hold
chart Jio Financial Services Limited (543940) Medium term
Medium term: Hold
chart Jio Financial Services Limited (543940) Long term
Long term: Positive
chart Jio Financial Services Limited (543940)
RSI - Relative Strength Index

Short term

Jio Financial Services Limited is in a falling trend channel in the short term. This shows that investors over time have sold at lower prices to get out of the stock, and indicates negative development for the company. The stock is approaching support at 311 rupee, which may give a positive reaction. However, a break downwards through 311 rupee will be a negative signal. The RSI curve shows a rising trend, which is an early signal of a possible trend reversal upwards for the price as well. The stock is overall assessed as technically neutral for the short term.

Recommendation one to six weeks: Hold (Score: -4)

Medium term

Investors have accepted lower prices over time to get out of Jio Financial Services Limited and the stock is in a falling trend channel in the medium long term. Falling trends indicate that the company experiences negative development and falling buy interest among investors. The stock has received a negative signal from the moving average indicator, thus signaling a continued fall. The stock has marginally broken up through resistance at rupee 310. An established break predicts a further rise. Volume tops and volume bottoms correspond badly with tops and bottoms in the price. This confirms the trend. The RSI curve shows a rising trend, which is an early signal of a possible trend reversal upwards for the price as well. The stock is overall assessed as technically neutral for the medium long term.

Recommendation one to six months: Hold (Score: -19)

Long term

Jio Financial Services Limited is within an approximate horizontal trend channel in the long term. This indicates that investors are uncertain and waiting for signals of further direction. A break upwards will be a positive signal, while a break downwards will be a negative signal. The stock has marginally broken up through resistance at rupee 310. An established break predicts a further rise. The stock is assessed as technically positive for the long term.

Recommendation one to six quarters: Positive (Score: 69)


Overall analysis

Jio Financial Services Limited is technically neutral for the short and medium term, but positive for the long term.

Recommendation one to six months: Weak Positive (Score: 26)

Period  
 Vol.bal. Volatility Liquidity +/- %
1 day-1.61%128.31-1.61%
5 days30.045.35%536.65+1.22%
22 days14.8413.73%391.01-4.60%
66 days36.1629.54%540.68-1.86%
 


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

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