(U.S. Global Jets ETF)
| JETS latest price $14.2600 (6.34%) ($13.7500 - $14.3600) on Wed. Apr. 8, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 5.66% (three month average) |
| RSI | 63 |
| Latest Price | $14.2600(6.34%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 1.8% a day on average for past five trading days. |
| Weekly Trend | JETS declines -2.8% 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(80%) IWN(76%) IWM(72%) IWD(71%) IVE(69%) |
| Factors Impacting JETS price | JETS will decline at least -2.83% in a week (0% probabilities).
VIXM(-42%) UUP(-22%) VXX(-17%) TLT(-15%) 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 | -2.83% (StdDev 5.66%) |
| Hourly BBV | 0.5 () |
| Intraday Trend | 1.4% |
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