Chart Alert – Jun 30, 2022
JELD – JELD-WEN Holding, Inc.
GAINS PER DAY SINCE ALERT PRICE
Alerted on 06/30/22
@ 14.59
@ 14.59
Day 1
4.87%
Day 2
4.87%
Day 3
5.76%
Day 4
7.54%
Day 5
6.24%
Day 6
6.92%
Day 7
7.75%
Day 8
10.90%
Day 9
11.24%
Day 10
6.65%
Day 11
9.05%
Day 12
10.97%
RYAM – Rayonier Advanced Materials Inc.
Interesting chart, has been in a down trend for almost four months, had a few small bounces but the trajectory has been constant.
Seems like a bottom point was hit in the $2.50 range, but has yet to really make the official bounce.
RSI is still OVERSOLD, a very Pre Bullish indication
MACD is still very far under the zero line and pulling up from its signal line
Acc/Dist is half way, I wish it was at its low levels but I cant force these charts to look a certain way lol.
Watch close, the 20MA (Green Dotted Line) will be the first line of resistance to tackle.
GAINS PER DAY SINCE ALERT PRICE
Alerted on 06/30/22
@ 2.62
@ 2.62
Day 1
7.63%
Day 2
7.63%
Day 3
4.58%
Day 4
6.49%
Day 5
9.92%
Day 6
12.60%
Day 7
8.21%
Day 8
4.96%
Day 9
3.24%
Day 10
1.72%
Day 11
9.12%
Day 12
29.20%
This one fell below the bottom bollinger band and instantly came back with Three White Soldiers formation as it bounced, coming close to the 20MA ( Green Dotted Line) and then back down a tad to confirm that the new level is a support point.
Now with the two small green candles formed, and you have a bullish formation on the RSI, MACD and Acc/Dist, this could be a sold steady uptrend chart.