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(Jetfreight) Jetfreight complete technical analysis [charts+indicators] | Buy/Sell Jetfreight | (Jetfreight) share price targets

Complete technical analysis of Jetfreight (Jetfreight) by charts plus indicators, forecast predictions and share price targets for Jetfreight (Jetfreight)

10 day averaged volume of Jetfreight is 26719

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 13.57 13.77 13.77 13.50 1.937 times
07 Tue May 2024 13.50 13.61 13.73 13.40 1.621 times
06 Mon May 2024 13.66 14.39 14.39 13.54 0.484 times
03 Fri May 2024 13.92 14.41 14.75 13.82 0.618 times
02 Thu May 2024 14.40 14.48 14.98 14.31 0.363 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 13.8, but if it comes above 13.8, then a intra day buy could be more profitable.
If you take a sell trade below 13.8, then use 13.8 as stoploss and 13.2 as target. However if you take a buy trade in stock , then use 13.8 as stoploss and 14.27 as target.

Share price targets for Jetfreight (Jetfreight)

Target Type Value
Downside Target 11.85
Downside Target 12.15
Downside Target 12.52
Downside Target 13.40
Upside Target 14.70
Upside Target 14.98
Upside Target 15.17
Upside Target 15.25
Upside Target 16.43
Upside Target 16.57
Upside Target 16.80

Intraday share price targets for Jetfreight (Jetfreight)

Target Type Value
Downside Intraday Target 13.18
Downside Intraday Target 12.8
Upside Intraday Target 14.17
Upside Intraday Target 14.78
Upside Intraday Target 13.79

Weekly technical analysis of Jetfreight (Jetfreight)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 13.57 14.39 14.39 13.40 1.064 times
03 Fri May 2024 13.92 14.30 15.17 13.82 0.868 times
26 Fri Apr 2024 14.30 14.10 14.70 14.06 0.844 times
19 Fri Apr 2024 14.05 14.55 14.55 13.60 0.239 times
12 Fri Apr 2024 14.64 15.71 16.80 14.20 1.339 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Jetfreight (Jetfreight)

Date Monthly Closing Price Open High Low Volume
08 Wed May 2024 13.57 14.48 14.98 13.40 0.1 times
30 Tue Apr 2024 14.48 12.69 16.80 12.52 1.025 times
28 Thu Mar 2024 12.44 14.20 15.25 11.85 0.859 times
29 Thu Feb 2024 14.64 15.96 16.57 13.56 0.538 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Jetfreight (Jetfreight)

Indicator Name Indicator Value Indicator Signal
ADX 18, 18, 0 Sell
MACD -0, 0Sell
Stochastics 8Sell
CCI -122Buy
RSI 51Buy
OBV 369104Sell
VWAP 14Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Jetfreight ( (Jetfreight) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Jetfreight ( (Jetfreight) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Jetfreight ( (Jetfreight) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Jetfreight ( (Jetfreight) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Jetfreight stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Jetfreight in short term and the sell signal is strong.

Jetfreight Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Jetfreight in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Jetfreight is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 14.02 and Jetfreight (Jetfreight) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Jetfreight (Jetfreight) stock. Volume based technical analysis of Jetfreight (Jetfreight) stock is negative.

Jetfreight Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Jetfreight charts

Click here for further forecast and predictions for tomorrow

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