Index Trend Analysis Report
Prepared for you on Friday, August 7, 2020.
US Global Jets ETF (GIF:JETS)
Weak Downtrend (-65) - JETS is showing signs of a strengthening downtrend. Monitor JETS as it may be building momentum to the downside.
Is it time to buy, sell, or avoid JETS?
MarketClub looks at technical strength and momentum to determine if the timing is right for JETS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for JETS
The long-term trend has been DOWN since Feb 24th, 2020 at 29.777
The intermediate-term trend has been DOWN since Jul 9th, 2020 at 15.786
The short-term trend has been UP since Aug 5th, 2020 at 15.931
Smart Scan Analysis for JETS
Based on our trend formula, JETS is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).