MENU

JKS Stock Tickeron detected bearish Stock Pattern: Triangle Symmetrical Bottom JKS on March 24, 2025, netting in a 13.02% gain over 2 weeks

A.I.dvisor
at Tickeron.com
Loading...
+13.02% Gain from a Successful pattern Triangle Symmetrical Bottom
JKS - Jinkosolar Holdings CO
Tickeron
Ticker: JKS
Company: Jinkosolar Holdings CO
Gain from shorting: +13.02%
Confirmed: 03/24/25
Succeeded: 04/01/25
Total length: 20 days
On March 12, 2025, A.I.dvisor detected a Triangle Symmetrical Bottom Pattern (Bearish) for Jinkosolar Holdings CO (JKS, $21.28). 12 days later, on March 24, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On April 01, 2025, the stock hit the target price of $17.90 – resulting in a +1 gain for traders who shorted the stock on the pattern detection date.

Momentum Indicator for JKS turns negative, indicating new downward trend

JKS saw its Momentum Indicator move below the 0 level on March 21, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 111 similar instances where the indicator turned negative. In of the 111 cases, the stock moved further down in the following days. The odds of a decline are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for JKS turned negative on March 24, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 60 similar instances when the indicator turned negative. In of the 60 cases the stock turned lower in the days that followed. This puts the odds of success at .

JKS moved below its 50-day moving average on March 24, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for JKS crossed bearishly below the 50-day moving average on March 31, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

The 50-day moving average for JKS moved below the 200-day moving average on March 25, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where JKS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for JKS entered a downward trend on April 03, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an Uptrend is expected.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 7 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where JKS advanced for three days, in of 273 cases, the price rose further within the following month. The odds of a continued upward trend are .

View a ticker or compare two or three
JKS
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a company which engages in integrated solar power product manufacturing and operating

Industry

Profile
Fundamentals
Details
Industry
Electrical Products
Address
1 Yingbin Road
Phone
+86 7938588188
Employees
46511
Web
https://www.jinkosolar.com/en