(U.S. Global Jets ETF)
| JETS latest price $30.5700 (2.79%) ($29.8400 - $30.7400) on Thu. Jun. 13, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.18% (three month average) |
RSI | 70 |
Latest Price | $30.5700(2.79%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | JETS advances 0.8% a day on average for past five trading days. |
Weekly Trend | JETS advances 2.2% a week on average for past two weeks. |
Market Behavior | Broad based rally 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%) PAVE(73%) |
Factors Impacting JETS price | JETS will decline at least -0.59% in a week (0% probabilities). VXX(-23%) UUP(-17%) TLT(-17%) IGOV(-9%) SHY(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.59% (StdDev 1.18%) |
Hourly BBV | 0 () |
Intraday Trend | 2.4% |
| |
|
|