(U.S. Global Jets ETF)
| JETS latest price $24.4500 (-1.57%) ($24.3200 - $24.5900) on Fri. Oct. 16, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.6% (three month average) |
RSI | 66 |
Latest Price | $24.4500(-1.57%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | JETS advances 0.1% a day on average for past five trading days. |
Weekly Trend | JETS advances 3.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support JETS advance at 0% a week (0% probability) PEJ(82%) IWN(75%) IWM(72%) IWD(71%) IVE(70%) |
Factors Impacting JETS price | JETS will decline at least -0.8% in a week (0% probabilities). VIXM(-22%) TLT(-19%) UUP(-15%) IGOV(-9%) SHY(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.8% (StdDev 1.6%) |
Hourly BBV | 0 () |
Intraday Trend | -0.5% |
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