(U.S. Global Jets ETF)
| JETS latest price $13.6900 (3.63%) ($13.4690 - $13.8200) on Wed. May. 20, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 6.4% (three month average) |
| RSI | 39 |
| Latest Price | $13.6900(3.63%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 2.5% 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(79%) IWN(77%) IWD(72%) IWM(72%) IVE(71%) |
| Factors Impacting JETS price | JETS will decline at least -3.2% in a week (0% probabilities).
VIXM(-42%) UUP(-21%) VXX(-17%) TLT(-15%) SHY(-4%) |
| 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 | -3.2% (StdDev 6.4%) |
| Hourly BBV | 0.9 () |
| Intraday Trend | 1% |
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