(U.S. Global Jets ETF)
| JETS latest price $20.0900 (4.8%) ($19.6500 - $22.1000) on Fri. Jun. 5, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 6.67% (three month average) |
| RSI | 88 |
| Latest Price | $20.0900(4.8%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 6% a day on average for past five trading days. |
| Weekly Trend | JETS advances 15.7% 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(76%) IWD(71%) IWM(71%) IVE(70%) |
| Factors Impacting JETS price | JETS will decline at least -3.335% in a week (0% probabilities).
VIXM(-41%) UUP(-20%) VXX(-16%) TLT(-13%) 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 | -3.335% (StdDev 6.67%) |
| Hourly BBV | 0.7 () |
| Intraday Trend | -8.9% |
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