JETS Stock US Global Jets ETF (JETS, $24.51) Moving Average Convergence Divergence (MACD) Histogram turned positive on November 6, 2024

GET DAILY SIGNALS

Get AI intraday signals

JETS - US Global Jets ETF

MACD signal

View

Odds of UP Trend

Price: $24.51

Daily change: +$1.17 (+5.01%)

Daily volume: 5.8M

Net Assets: $1.1B

Aroon Indicator for JETS shows an upward move is likely

JETS's Aroon Indicator triggered a bullish signal on November 06, 2024. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 223 similar instances where the Aroon Indicator showed a similar pattern. In of the 223 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for JETS just turned positive on November 06, 2024. Looking at past instances where JETS's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .

The 50-day moving average for JETS moved above the 200-day moving average on October 23, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where JETS advanced for three days, in of 280 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

JETS broke above its upper Bollinger Band on November 06, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.