(U.S. Global Jets ETF)
| JETS latest price $13.9200 (1.68%) ($13.7600 - $14.1800) on Thu. May. 21, 2020. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 6.41% (three month average) |
| RSI | 48 |
| Latest Price | $13.9200(1.68%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 2.7% a day on average for past five trading days. |
| Weekly Trend | JETS advances 0.3% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support JETS advance at 0% a week (0% probability)
PEJ(79%) IWN(76%) IWD(72%) IWM(72%) IVE(71%) |
| Factors Impacting JETS price | JETS will decline at least -3.205% 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. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -3.205% (StdDev 6.41%) |
| Hourly BBV | 0.9 () |
| Intraday Trend | 0.7% |
| | |
| |
|