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Global Crossing Airlines Group Inc (JET-B.CA) Stock Technical Analysis

Canada - TSX-V:JET-B -

1.33 CAD
+0.03 (+2.31%)
Last: 3/15/2022, 7:00:00 PM
Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to JET-B. JET-B's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
100% of all other stocks performed better in the past year than JET-B.
JET-B is one of the lesser performing stocks in the Passenger Airlines industry. 116% of 7 stocks in the same industry do better.
JET-B is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month JET-B has a been trading in the 1.20 - 1.82 range, which is quite wide. It is currently trading near the lows of this range.
Warning: JET-B has an average volume of 16278 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

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Weekly and Daily overview Charts
Global Crossing Airlines Group Inc / JET-B Weekly stock chart
Global Crossing Airlines Group Inc / JET-B Daily stock chart
Setup Rating and Analysis

3

The technical rating of JET-B is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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Support and Resistance Analysis

1.32

1.76

3 important resistance areas can be observed.

  • A resistance zone ranging from 1.38 to 1.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @1.64 from a trend line in the daily time frame.
  • Resistance @1.74 from a trend line in the daily time frame.

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Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for JET-B.CA is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for JET-B.CA is down.
ChartMill Relative Strength0NEGATIVEJET-B.CA has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of JET-B.CA is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of JET-B.CA is below a declining SMA(50).
Relative Strength Index/RSI (14)39.78NEUTRALThe RSI value for JET-B.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests JET-B.CA has a positive trend.
Stochastics (14,3)60.8NEUTRALThe Stochastics value for JET-B.CA is a neutral value.
Average True Range in percent/ATR (20)5.15HIGH VOLATILITYThe high ATR as a percentage value for JET-B.CA suggests high volalility.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)

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Global Crossing Airlines Group Inc / JET-B Daily stock chart

Global Crossing Airlines Group Inc

TSX-V:JET-B (3/15/2022, 7:00:00 PM)

1.33

+0.03 (+2.31%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg2.31%
1 Week2.31%
2 Weeks-0.75%
1 Month-21.76%
3 Month-16.35%
6 Month-46.15%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%5.15%
ATR Inc-16.3%
Range Today0.04
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
3 months CRSN/A
6 months CRSN/A
Mansfield-30
10 Day High1.37
10 Day Low1.25
20 Day High1.82
20 Day Low1.2
52 Week High2.85
52 Week Low1.2
CS1 EndN/A
CR1 Start1.38
Volume & EV
DER(3)3.83%
DER(5)-5.57%
Volume12.07K
Volume Incr-44.89%
Vol(5)15.48K
Vol(50)16.28K

Global Crossing Airlines Group Inc / JET-B.CA FAQ

Can you provide the ChartMill technical rating for Global Crossing Airlines Group Inc?

ChartMill assigns a technical rating of 0 / 10 to JET-B.CA.


What is the trend direction for JET-B stock?

The current trend direction for Global Crossing Airlines Group Inc (JET-B.CA) is Bearish.


Can you provide the RSI signal for Global Crossing Airlines Group Inc?

Global Crossing Airlines Group Inc (JET-B.CA) has an RSI value of 39.7755. This indicates that the stock is currently neutral.


Can you provide the MACD signal for Global Crossing Airlines Group Inc?

The MACD indicator for Global Crossing Airlines Group Inc (JET-B.CA) has a value of 0.00792428, indicating a bearish trend.


What is the buy/sell signal for Global Crossing Airlines Group Inc (JET-B.CA) stock?

The buy/sell signal for Global Crossing Airlines Group Inc (JET-B.CA) is sell as both the short term and long term trends are negative.