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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)

Showing technical analysis as on 2024-03-21 View latest technical analysis

10 day averaged volume of Jetfreight is 47652

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	12.86	12.69	13.00	12.48	0.333 times
20 Wed Mar 2024	12.38	12.60	12.60	12.00	0.424 times
19 Tue Mar 2024	12.06	12.21	12.41	11.90	0.897 times
18 Mon Mar 2024	12.38	12.80	13.34	12.32	0.63 times
15 Fri Mar 2024	12.86	13.54	13.54	12.50	0.386 times
14 Thu Mar 2024	12.95	11.85	13.55	11.85	2.824 times
13 Wed Mar 2024	12.32	13.39	13.44	12.10	1.266 times
12 Tue Mar 2024	12.86	13.50	13.91	12.67	1.114 times
11 Mon Mar 2024	13.78	14.89	14.90	13.70	0.671 times
07 Thu Mar 2024	14.40	13.55	14.70	13.55	0.608 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 12.7 as stoploss in an intra day buy trade for a target of 13.72. However, stock will show a bearish move below 12.7.

Share price targets for Jetfreight (Jetfreight)

Target Type	Value
Downside Target	10.80
Downside Target	11.15
Downside Target	11.85
Downside Target	12.15
Upside Target	13.27
Upside Target	14.35
Upside Target	14.78
Upside Target	14.90
Upside Target	15.25
Upside Target	15.70
Upside Target	15.88
Upside Target	16.43
Upside Target	16.57

Intraday share price targets for Jetfreight (Jetfreight)

Target Type	Value
Downside Intraday Target	12.06
Downside Intraday Target	11.26
Upside Intraday Target	13.5
Upside Intraday Target	14.14
Downside Intraday Target	12.7

Weekly technical analysis of Jetfreight (Jetfreight)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	12.86	12.80	13.34	11.90	0.365 times
15 Fri Mar 2024	12.86	14.89	14.90	11.85	1.428 times
07 Thu Mar 2024	14.40	14.77	14.78	13.27	0.924 times
02 Sat Mar 2024	14.57	15.58	15.70	14.06	0.712 times
23 Fri Feb 2024	15.10	15.42	15.88	14.35	0.688 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
21 Thu Mar 2024	12.86	14.20	15.25	11.85	0.421 times
29 Thu Feb 2024	14.64	15.96	16.57	13.56	0.538 times
31 Wed Jan 2024	15.62	12.85	16.43	12.15	1.962 times
29 Fri Dec 2023	12.77	11.46	13.80	11.15	0.966 times

Scroll below to view daily charts

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)

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Strong and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 below 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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 12.85 and Jetfreight (Jetfreight) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.

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