Global Crossing Airlines Group Inc (JET.CA) Stock Technical Analysis
Canada - TSX-V:JET - Common Stock
Overall JET gets a technical rating of 0 out of 10. JET'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.
The technical rating of JET 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.
More info and screens
1.32
When analyzing the support we notice one important area.
- A support zone ranging from 1.33 to 1.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.44 to 1.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.57 from a trend line in the daily time frame.
- A resistance zone ranging from 1.63 to 1.65. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for JET.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for JET.CA is down. |
| ChartMill Relative Strength | 12.16 | NEGATIVE | JET.CA has a low relative strength, it was outperformed by 87.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of JET.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of JET.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of JET.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.13 | NEUTRAL | The RSI value for JET.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests JET.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 31.02 | NEUTRAL | The Stochastics value for JET.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.88 | HIGH VOLATILITY | The high ATR as a percentage value for JET.CA suggests high volalility. |
Global Crossing Airlines Group Inc
TSX-V:JET (3/15/2022, 7:00:00 PM)
1.36
-0.07 (-4.9%)
Global Crossing Airlines Group Inc / JET.CA FAQ
What is the ChartMill technical rating of Global Crossing Airlines Group Inc (JET.CA) stock?
ChartMill assigns a technical rating of 0 / 10 to JET.CA.
Can you provide the trend direction for Global Crossing Airlines Group Inc?
The current trend direction for Global Crossing Airlines Group Inc (JET.CA) is Bearish.
Can you provide the RSI signal for Global Crossing Airlines Group Inc?
Global Crossing Airlines Group Inc (JET.CA) has an RSI value of 35.1292. This indicates that the stock is currently neutral.
What is the MACD signal for Global Crossing Airlines Group Inc (JET.CA) stock?
The MACD indicator for Global Crossing Airlines Group Inc (JET.CA) has a value of 0.00214989, indicating a bearish trend.
Can you provide the support and resistance levels for Global Crossing Airlines Group Inc?
Global Crossing Airlines Group Inc (JET.CA) has a support level at 1.33 and a resistance level at 1.44. Check the full technical report for our detailed analysis of JET.CA support and resistance levels.