Technical Analysis for JETU - Bank Of Montreal MAX Airlines 3X Leveraged ETNs
ADX | Long Term | Intermediate Term | Short Term |
---|---|---|---|
Strong | Up | Up | Down |
Date | Alert Name | Type | % Chg |
---|---|---|---|
Narrow Range Bar | Range Contraction | 0.00% | |
Gapped Up | Strength | 0.00% | |
Narrow Range Bar | Range Contraction | 2.72% | |
Gapped Down | Weakness | 2.72% | |
Calm After Storm | Range Contraction | -2.02% | |
Narrow Range Bar | Range Contraction | -2.02% | |
Gapped Up | Strength | -2.02% | |
Calm After Storm | Range Contraction | -0.53% | |
Narrow Range Bar | Range Contraction | -0.53% | |
Wide Bands | Range Expansion | -0.53% |
Alert | Time |
---|---|
Rose Above Previous Day's High | about 21 hours ago |
Up 3% | about 21 hours ago |
Up 2% | about 21 hours ago |
Up 1% | about 21 hours ago |
Up 1 ATR | about 21 hours ago |
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Bank Of Montreal MAX Airlines 3X Leveraged ETNs Description
JETU is a leveraged take on the US airport transportation industry. Specifically, the fund tracks 3x the index, which includes firms involved in airlines, aircraft and aircraft parts manufacturers, airfreight and logistics, aircraft leasing, and airline and airport operations. The index defines the industries based on the North American Industry Classification System (NAICS) and selects US-listed equities, excluding any ETPs and MLPs. The index also excludes issuers organized in Canada or China. For industry screens, Aircraft and Parts Manufacturing industry only includes the five largest companies by market cap. Airfreight and Logistics companies must disclose in their recent annual report that they own aircraft to execute their core business activity. The index is a modified liquidity-weighted index, which ranks the constituents, based on highest average daily value traded. As a geared product, JETU is designed as a short-term trading tool and not a long-term investment vehicle. Long-term returns could materially differ from those of the index due to daily compounding.
Classification
Keywords: Airline Short Term Trading Tool Aircraft Parts Manufacturers
Indicator | Bull Case | Neutral / Hold | Bear Case |
---|---|---|---|
50 DMA | |||
200 DMA | |||
ADX Trend | |||
Oversold / Overbought | |||
Relative Strength |
Indicator | Value |
---|---|
52 Week High | 26.0559 |
52 Week Low | 11.9826 |
Average Volume | 342 |
200-Day Moving Average | 20.31 |
50-Day Moving Average | 21.07 |
20-Day Moving Average | 23.86 |
10-Day Moving Average | 24.63 |
Average True Range | 0.61 |
RSI (14) | 59.35 |
ADX | 26.71 |
+DI | 52.45 |
-DI | 37.81 |
Chandelier Exit (Long, 3 ATRs) | 24.23 |
Chandelier Exit (Short, 3 ATRs) | 22.42 |
Upper Bollinger Bands | 26.87 |
Lower Bollinger Band | 20.84 |
Percent B (%b) | 0.6 |
BandWidth | 25.26 |
MACD Line | 1.01 |
MACD Signal Line | 1.20 |
MACD Histogram | -0.1868 |
Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
---|---|---|---|---|---|
Resistance 4 (R4) | 24.72 | ||||
Resistance 3 (R3) | 24.75 | 24.70 | 24.68 | ||
Resistance 2 (R2) | 24.70 | 24.63 | 24.68 | 24.67 | |
Resistance 1 (R1) | 24.58 | 24.59 | 24.56 | 24.56 | 24.65 |
Pivot Point | 24.53 | 24.53 | 24.51 | 24.51 | 24.53 |
Support 1 (S1) | 24.42 | 24.46 | 24.39 | 24.39 | 24.29 |
Support 2 (S2) | 24.36 | 24.42 | 24.35 | 24.28 | |
Support 3 (S3) | 24.25 | 24.36 | 24.26 | ||
Support 4 (S4) | 24.22 |