(U.S. Global Jets ETF)
| JETS latest price $16.0100 (2.17%) ($15.7200 - $16.1300) on Tue. Jun. 2, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 6.52% (three month average) |
| RSI | 73 |
| Latest Price | $16.0100(2.17%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 0.9% a day on average for past five trading days. |
| Weekly Trend | JETS advances 11.9% 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(71%) IVE(70%) |
| Factors Impacting JETS price | JETS will decline at least -3.26% in a week (0% probabilities).
VIXM(-41%) UUP(-20%) VXX(-16%) TLT(-14%) 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 | -3.26% (StdDev 6.52%) |
| Hourly BBV | 1 () |
| Intraday Trend | 0.3% |
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