Technical Analysis for MJCO - Majesco

Grade Last Price % Change Price Change
grade A 7.45 0.54% 0.04
MJCO closed up 0.54 percent on Tuesday, January 22, 2019, on 19 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Earnings due: Jan 29

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Up Up
See historical MJCO trend table...

Date Alert Name Type % Chg
Jan 22 Bollinger Band Squeeze Range Contraction 0.00%
Jan 22 Narrow Range Bar Range Contraction 0.00%
Jan 22 NR7 Range Contraction 0.00%
Jan 22 Overbought Stochastic Strength 0.00%
Jan 18 Stochastic Sell Signal Bearish 0.54%
Jan 18 Volume Surge Other 0.54%
Jan 18 Bollinger Band Squeeze Range Contraction 0.54%
Jan 18 Upper Bollinger Band Walk Strength 0.54%
Jan 18 Inside Day Range Contraction 0.54%
Jan 18 Overbought Stochastic Strength 0.54%

Older signals for MJCO ...

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Profile
Majesco provides software solutions for the insurance industry worldwide. The company offers solutions in life and annuity products, such as Elixir policy administration, Elixir distribution management, new business and underwriting, and STG policy administration services, as well as implementation services. It also provides property and casualty insurance products, including STG policy administration, STG billing, STG product modeler, STG claims, distribution management, and implementation services. In addition, the company offers proprietary software solutions, IT consulting, application development, systems integration, application management outsourcing, testing, data warehousing and business intelligence, CRM services, and legacy modernization. Further, it provides enterprise application, enterprise mobility, and portal services; project delivery and implementation services; and support and maintenance services for the software. The company was formerly known as MajescoMastek and changed its name to Majesco in October 2014. The company was founded in 1992 and is headquartered in New York, New York. Majesco is a subsidiary of Majesco Limited.
Is MJCO a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 9.27
52 Week Low 4.93
Average Volume 16,772
200-Day Moving Average 6.82
50-Day Moving Average 7.1564
20-Day Moving Average 7.2045
10-Day Moving Average 7.34
Average True Range 0.1778
ADX 14.6
+DI 24.1474
-DI 13.5701
Chandelier Exit (Long, 3 ATRs ) 7.0166
Chandelier Exit (Short, 3 ATRs ) 7.3734
Upper Bollinger Band 7.5504
Lower Bollinger Band 6.8586
Percent B (%b) 0.85
BandWidth 9.602332
MACD Line 0.1031
MACD Signal Line 0.0679
MACD Histogram 0.0352
Fundamentals Value
Market Cap 272.12 Million
Num Shares 36.5 Million
EPS -0.05
Price-to-Earnings (P/E) Ratio -149.00
Price-to-Sales 1.75
Price-to-Book 4.55
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 7.54
Resistance 3 (R3) 7.55 7.52 7.53
Resistance 2 (R2) 7.52 7.50 7.52 7.52
Resistance 1 (R1) 7.49 7.49 7.48 7.48 7.51
Pivot Point 7.46 7.46 7.46 7.46 7.46
Support 1 (S1) 7.43 7.44 7.42 7.42 7.39
Support 2 (S2) 7.40 7.43 7.40 7.38
Support 3 (S3) 7.37 7.40 7.38
Support 4 (S4) 7.36