Should You Buy Jerash Holdings (US) Inc (JRSH) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/29
JRSH is not a good buy right now for an impatient investor. The technical setup is neutral-to-weak with limited upside room near resistance, probabilistic trend data points to further downside over the next week/month, and there are no strong proprietary trading signals or near-term positive catalysts to justify immediate entry.
Technical Analysis
Price/levels: JRSH closed at 3.07, essentially sitting on the pivot (3.071). Immediate resistance is tight overhead at 3.11 (R1) then 3.134 (R2); support is close below at 3.033 (S1) then 3.009 (S2). This creates a narrow range with unfavorable reward-to-risk for chasing a quick move up.
Momentum: MACD histogram is slightly positive (0.00229) but positively contracting, indicating bullish momentum is fading rather than strengthening. RSI(6) at 46.04 is neutral, confirming lack of trend strength.
Trend: Converging moving averages suggest consolidation/chop rather than a clean uptrend.
Quant/pattern outlook: Similar-pattern analysis indicates a 70% chance of -0.56% next day, -2.61% next week, and -5.08% next month, reinforcing a near-term downside bias.
**Intellectia Proprietary Trading Signals**
- [AI Stock Picker](module://ai_stock_pick): No signal on given stock today.
- [SwingMax](module://swingmax): No signal on given stock today.