(U.S. Global Jets ETF)
| JETS latest price $29.7600 (-0.77%) ($29.7200 - $29.9700) on Fri. May. 12, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.1% (three month average) |
RSI | 58 |
Latest Price | $29.7600(-0.77%) |
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 1.6% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support JETS advance at 0% a week (0% probability) PEJ(82%) IWN(76%) IWM(73%) IWD(72%) IVE(71%) |
Factors Impacting JETS price | JETS will decline at least -0.55% in a week (0% probabilities). VIXM(-18%) UUP(-18%) TLT(-18%) IGOV(-9%) SHY(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.55% (StdDev 1.1%) |
Hourly BBV | 0 () |
Intraday Trend | -0.7% |
| |
|
|