(U.S. Global Jets ETF)
| JETS latest price $16.8200 (3.06%) ($16.4000 - $18.0500) on Thu. Mar. 26, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.29% (three month average) |
RSI | 40 |
Latest Price | $16.8200(3.06%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | JETS advances 6.9% a day on average for past five trading days. |
Weekly Trend | JETS declines -15% 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(81%) IWN(76%) IWM(72%) IWD(71%) PAVE(70%) |
Factors Impacting JETS price | JETS will decline at least -2.645% in a week (0% probabilities). VIXM(-44%) UUP(-26%) VXX(-17%) TLT(-11%) SHY(-3%) |
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 | -2.645% (StdDev 5.29%) |
Hourly BBV | 0 () |
Intraday Trend | -0.9% |
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