(U.S. Global Jets ETF)
| JETS latest price $15.3000 (7.29%) ($14.7200 - $15.9100) on Thu. Apr. 9, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 5.75% (three month average) |
| RSI | 64 |
| Latest Price | $15.3000(7.29%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 4.1% a day on average for past five trading days. |
| Weekly Trend | JETS declines -3.6% a week on average for past two weeks. |
| Market Behavior | Value stock 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(77%) IWM(73%) IWD(72%) IVE(70%) |
| Factors Impacting JETS price | JETS will decline at least -2.875% in a week (0% probabilities).
VIXM(-43%) 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 | -2.875% (StdDev 5.75%) |
| Hourly BBV | 1 () |
| Intraday Trend | -0.7% |
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