US GLOBAL JETS ETF (JETS) Stock Technical Analysis
USA - NYSEARCA:JETS - US26922A8421 - ETF
Taking everything into account, JETS scores 1 out of 10 in our technical rating. JETS'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 JETS 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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18.49
3 important support areas can be observed.
- A support zone ranging from 23.98 to 23.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.51 from a horizontal line in the daily time frame.
- Support @18.68 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 24.21 to 24.22. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 24.80 to 25.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @25.61 from a horizontal line in the daily time frame.
- A resistance zone ranging from 26.42 to 26.81. This zone is formed by a combination of multiple trend lines 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 | 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 | 36.72 | NEUTRAL | JETS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of JETS is below a declining 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) | DOWN | MIXED | The current price of JETS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.7 | NEUTRAL | The RSI value for JETS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests JETS has a negative trend. |
| Stochastics (14,3) | 39.51 | NEUTRAL | The Stochastics value for JETS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for JETS suggests some volalility. |
| Average Directional Index/ADX (14) | 12.01 | NEGATIVE | The low ADX value for JETS suggests a weak or negative trend. |
23.99
-0.88 (-3.54%)
US GLOBAL JETS ETF / JETS FAQ
Can you provide the ChartMill technical rating for US GLOBAL JETS ETF?
ChartMill assigns a technical rating of 1 / 10 to JETS.
Can you provide the trend direction for US GLOBAL JETS ETF?
The current trend direction for US GLOBAL JETS ETF (JETS) is Bearish.
What is the RSI signal for JETS stock?
US GLOBAL JETS ETF (JETS) has an RSI value of 41.6989. 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.
What is the support and resistance level for JETS stock?
US GLOBAL JETS ETF (JETS) has a support level at 23.98 and a resistance level at 24.21. Check the full technical report for our detailed analysis of JETS support and resistance levels.