US GLOBAL JETS ETF (JETS) Technical Analysis
NYSEARCA:JETS • US26922A8421
Current stock price
JETS Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to JETS. JETS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- JETS has an average volume of 4975440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the performance of all stocks over the past year, JETS turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
- JETS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so JETS is lagging the market.
- In the last month JETS has a been trading in the 23.53 - 28.82 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
JETS Weekly and Daily overview Charts
JETS Setup Rating and Analysis
JETS has a poor technical rating and the quality of the setup is also not perfect 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
JETS Support and Resistance Analysis
18.91
3 important support areas can be observed.
- Support @24.78 from a trend line in the weekly time frame.
- A support zone ranging from 23.64 to 24.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.10 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 26.42 to 26.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 27.72 to 27.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
JETS 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for JETS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for JETS is neutral. |
| ChartMill Relative Strength | 60.75 | NEUTRAL | JETS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JETS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of JETS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of JETS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.09 | NEUTRAL | The RSI value for JETS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests JETS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.79 | NEUTRAL | The Stochastics value for JETS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.97 | MEDIUM VOLATILITY | The ATR as a percentage value for JETS suggests some volalility. |
| Average Directional Index/ADX (14) | 19.21 | NEGATIVE | The low ADX value for JETS suggests a weak or negative trend. |
JETS Chart- and CandleStick Pattern Analysis
JETS Technicals: Chart, Performance Metrics, Trend & Indicators
25.88
-0.87 (-3.25%)
US GLOBAL JETS ETF / JETS TA FAQ
Can you provide the ChartMill technical rating for US GLOBAL JETS ETF?
ChartMill assigns a technical rating of 3 / 10 to JETS.
What is the trend direction for JETS stock?
The current trend direction for US GLOBAL JETS ETF (JETS) is Bearish.
What is the RSI signal for US GLOBAL JETS ETF (JETS) stock?
US GLOBAL JETS ETF (JETS) has an RSI value of 48.0925. This indicates that the stock is currently neutral.
What is the short term momentum for JETS stock?
The short term momentum for US GLOBAL JETS ETF (JETS) is neutral.
Can you provide the support and resistance levels for US GLOBAL JETS ETF?
US GLOBAL JETS ETF (JETS) has a support level at 24.78 and a resistance level at 26.42. Check the full technical report for our detailed analysis of JETS support and resistance levels.