JTAI Explodes 28%, Volume Hits 186M, Bulls Test $0.26 Resistance
$Jet.AI Inc.(JTAI)$
Jet.AI Inc.(JTAI) Surged +28.03%: Extreme Volatility Hits $0.26, Risk Remains Elevated
Latest Close Data
Closed at $0.19 on 2026-02-02, up 28.03% with a massive intraday range of $0.14 to $0.26. The stock is 98% below its 52-week high of $11.77.
Core Market Drivers
The stock experienced a significant surge, likely driven by retail momentum and short covering, as evidenced by the high volume and turnover rate.
Technical Analysis
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Volume exploded to 186M shares, with a Volume Ratio of 10.17, confirming intense speculative interest.
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The 6-day RSI at 29.46 is recovering from oversold levels but remains below the bullish threshold of 50.
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The MACD histogram is positive at 0.036, showing slight upward momentum, but the DIF and DEA lines remain in negative territory, indicating the underlying trend is still weak.
Key Price Levels
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Primary Support: $0.14 (Today's low & 52-Week Low). A break below could trigger a new downtrend.
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Strong Resistance: $0.26 (Today's high). This level is the immediate ceiling.
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Immediate Pivot: $0.19 (Today's close). The next session's action relative to this price is key.
Valuation Perspective
The company is not profitable (EPS TTM: -$4.93, P/E: -0.039). The P/S ratio of 0.68 appears low, but this must be weighed against negative profitability metrics (ROE: -408.26%, ROA: -84.63%).
Analyst Targets
Only 1 analyst covers the stock, with a single "Buy" rating and a price target of $8.00, implying massive upside but based on limited coverage.
Weekly Outlook
Expect continued extreme volatility within the $0.14 - $0.26 range established today. A sustained break above $0.26 could target the next resistance near $0.30. A failure to hold $0.19 may lead to a retest of the $0.14 support.
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