(U.S. Global Jets ETF)
| JETS latest price $15.3100 (11.75%) ($14.7600 - $15.4400) on Tue. May. 26, 2020. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 6.58% (three month average) |
| RSI | 64 |
| Latest Price | $15.3100(11.75%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 2.9% a day on average for past five trading days. |
| Weekly Trend | JETS advances 3.9% 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(79%) IWN(76%) IWD(72%) IWM(72%) IVE(71%) |
| Factors Impacting JETS price | JETS will decline at least -3.29% in a week (0% probabilities).
VIXM(-42%) UUP(-21%) VXX(-16%) 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 | -3.29% (StdDev 6.58%) |
| Hourly BBV | 1.7 () |
| Intraday Trend | 3.6% |
| | |
| |
|