US GLOBAL JETS ETF (JETS) Stock Technical Analysis
NYSEARCA:JETS - US26922A8421 - ETF
25.77 USD
-0.16 (-0.6%)
25.5561 USD
-0.21 (-0.83%)
Overall JETS gets a technical rating of 10 out of 10. Both in the recent history as in the last year, JETS has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, JETS did better than 83% of all other stocks.
JETS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so JETS is lagging the market slightly.
JETS is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
JETS has an average volume of 3358720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
JETS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 25.01, a Stop Loss order could be placed below this zone.
More info and screens
18.31
27.08
4 important support areas can be observed.
- A support zone ranging from 24.77 to 25.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.12 to 23.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.08 from a trend line in the weekly time frame.
- Support @18.49 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.85 to 26.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for JETS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JETS is up. |
| ChartMill Relative Strength | 83.8 | POSITIVE | JETS has a high relative strength, it outperformed 83.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of JETS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JETS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JETS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.67 | NEUTRAL | The RSI value for JETS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests JETS has a negative trend. |
| Stochastics (14,3) | 51.69 | NEUTRAL | The Stochastics value for JETS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for JETS suggests some volalility. |
| Average Directional Index/ADX (14) | 26.13 | POSITIVE | The high ADX value value for JETS suggests a strong trend. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 26.16 | 25.60 | 0.56 (2.14%) | 25.00% |
| An entry @26.16. This is a Buy Stop order right above the 10 day moving average. | An exit @25.60. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.56 points, which is 2.14%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.53%. |
- The distance between exit and entry is rather small compared to the average daily movement of JETS. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
25.77
-0.16 (-0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.6%
1 Week-1.9%
2 Weeks-0.04%
1 Month9.61%
3 Month19.09%
6 Month19.03%
12 Month33.66%
2 Year51.32%
3 Year71.69%
5 Year52.49%
10 Year11.03%
15 YearN/A
Volatility
ATR(14)0.55
ATR(20)%2.29%
ATR Inc-25.94%
Range Today0.49
ADR(20)0.54
ADR(20)%2.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.8
Mansfield0.04
10 Day High26.99
10 Day Low25.61
20 Day High26.99
20 Day Low23.79
52 Week High27.1
52 Week Low17.11
CS1 End25.01
CR1 Start25.85
Volume & EV
DER(3)1.86%
DER(5)1.75%
Volume3.70M
Volume Incr-2.07%
Vol(5)3.22M
Vol(50)3.36M