U.S. Global Jets ETF (JETS)

U.S. Global Jets ETF is trading at $30.45, down 1.31% on the session. The 50 day average sits at $31.23 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 49.8, which reads as neutral, and MACD is bearish crossover. Volume is below average.

The nearest support is around $29.01 with resistance near $31.96, so that band frames the current range. Average daily movement is roughly $0.80, or about 2.6% of the share price, which is what any stop placement has to allow for. The overall health score of 57 out of 100 combines a trend score of 55, momentum of 43 and a risk score of 79.

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.