U.S. Global Jets ETF (JETS)

U.S. Global Jets ETF is trading at $26.66, down 3.02% on the session. The 50 day average sits at $28.12 and the 200 day at $28.40, which puts the stock in a downtrend. RSI is at 42.2, which reads as weak, and MACD is bullish crossover. Volume is above average.

The nearest support is around $25.54 with resistance near $27.00, so that band frames the current range. Average daily movement is roughly $0.79, or about 3.0% of the share price, which is what any stop placement has to allow for. The overall health score of 37 out of 100 combines a trend score of 3, momentum of 49 and a risk score of 73.

The fund uses a "passive management" (or indexing) approach to track the performance, before fees and expenses, of the index. The index is composed of the exchange-listed common stock (or depositary receipts) of U.S. and international passenger airlines, aircraft manufacturers, airports, terminal services companies, and airline-related internet media and services companies, each as determined by independent industry listings (collectively, “Airline Companies”). The fund is non-diversified.