Londinia Opportunities Analyses - 05/03/2024 (GMT) JINKOSOLAR HOLDING CO. - 1H

- USD (-)

- 15 min delayed data - NYSE Stocks

Type:	Stocks
Ticker:	JKS
ISIN:

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.

U.S. Stocks
Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

11%

My opinion

Bullish above 25.74 USD

My targets

26.41 USD (+1.55%)

28.35 USD (+8.99%)

My analysis

The bullish trend is currently very strong on JINKOSOLAR HOLDING CO.. As long as the price remains above the support at 25.74 USD, you could try to benefit from the boom. The first bullish objective is located at 26.41 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 28.35 USD as an objective. Crossing it would then enable buyers to target 29.92 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.6

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Additional analysis

Quotes

JINKOSOLAR HOLDING CO. rating 26.01 USD. The price has increased by +1.88% since the last closing and was traded between 25.67 USD and 26.41 USD over the period. The price is currently at +1.32% from its lowest and -1.51% from its highest.

25.67

26.41

26.01

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following result:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of JINKOSOLAR HOLDING CO. in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bullish signal.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	22.37	23.44	25.74	26.01	29.92	37.56	39.15
Change (%)	-13.99%	-9.88%	-1.04%	-	+15.03%	+44.41%	+50.52%
Change	-3.64	-2.57	-0.27	-	+3.91	+11.55	+13.14
Level	Major	Intermediate	Major	-	Intermediate	Major	Intermediate

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	23.81	24.22	24.87	25.28	25.93	26.34	26.99
Camarilla	25.24	25.34	25.43	25.53	25.63	25.72	25.82
Woodie	23.94	24.28	25.00	25.34	26.06	26.40	27.12
Fibonacci	24.22	24.62	24.87	25.28	25.68	25.93	26.34

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	19.14	20.27	22.21	23.34	25.28	26.41	28.35
Camarilla	23.30	23.58	23.86	24.14	24.42	24.70	24.98
Woodie	19.54	20.47	22.61	23.54	25.68	26.61	28.75
Fibonacci	20.27	21.45	22.17	23.34	24.52	25.24	26.41

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	16.67	18.87	21.49	23.69	26.31	28.51	31.13
Camarilla	22.80	23.24	23.68	24.12	24.56	25.00	25.45
Woodie	16.89	18.98	21.71	23.80	26.53	28.62	31.35
Fibonacci	18.87	20.71	21.85	23.69	25.53	26.67	28.51

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	64.25
MACD (12,26,9):	0.3900
Directional Movement:	20.37
AROON (14):	100.00
DEMA (21):	25.35
Parabolic SAR (0,02-0,02-0,2):	24.54
Elder Ray (13):	0.48
Super Trend (3,10):	24.35
Zig ZAG (10):	25.53
VORTEX (21):	1.2300
Stochastique (14,3,5):	94.39
TEMA (21):	25.44
Williams %R (14):	-9.15
Chande Momentum Oscillator (20):	1.28
Repulse (5,40,3):	0.1100
ROCnROLL:	1
TRIX (15,9):	0.1900
Courbe Coppock:	10.09

MA7:	24.68
MA20:	23.48
MA50:	24.92
MA100:	27.53
MAexp7:	25.29
MAexp20:	24.84
MAexp50:	24.22
MAexp100:	23.86
Price / MA7:	+5.39%
Price / MA20:	+10.78%
Price / MA50:	+4.37%
Price / MA100:	-5.52%
Price / MAexp7:	+2.85%
Price / MAexp20:	+4.71%
Price / MAexp50:	+7.39%
Price / MAexp100:	+9.01%

Quotes : - 15 min delayed data - Actions NYSE

News

The latest news and videos published on JINKOSOLAR HOLDING CO. at the time of the analysis were as follows: