(U.S. Global Jets ETF)
| JETS latest price $28.8500 (1.87%) ($28.3200 - $28.8900) on Wed. Jan. 9, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2% (three month average) |
RSI | 45 |
Latest Price | $28.8500(1.87%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | JETS advances 0.6% a day on average for past five trading days. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support JETS advance at 0% a week (0% probability) PEJ(83%) IWN(77%) IWM(74%) IWD(73%) IVE(72%) |
Factors Impacting JETS price | JETS will decline at least -1% in a week (0% probabilities). UUP(-21%) VXX(-18%) TLT(-17%) VIXM(-13%) IGOV(-9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1% (StdDev 2%) |
Hourly BBV | 0 () |
Intraday Trend | 1.9% |
| |
|
|