(U.S. Global Jets ETF)
| JETS latest price $17.1800 (7.31%) ($16.3520 - $17.3500) on Wed. Jun. 3, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 6.59% (three month average) |
| RSI | 82 |
| Latest Price | $17.1800(7.31%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 1.5% 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 | 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(71%) IVE(70%) |
| Factors Impacting JETS price | JETS will decline at least -3.295% 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 | -3.295% (StdDev 6.59%) |
| Hourly BBV | 1.6 () |
| Intraday Trend | 4.4% |
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