U.S. Global Jets ETF (JETS)

U.S. Global Jets ETF is trading at $28.00, down 1.75% on the session. The 50 day average sits at $31.40 and the 200 day at $28.29, which puts the stock in a uptrend. RSI is at 37.5, which reads as weak, and MACD is bearish crossover. Volume is below average.

The nearest support is around $29.18 with resistance near $31.32, so that band frames the current range. Average daily movement is roughly $0.69, or about 2.5% of the share price, which is what any stop placement has to allow for. The overall health score of 53 out of 100 combines a trend score of 57, momentum of 26 and a risk score of 85.

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.