(U.S. Global Jets ETF)
| JETS latest price $18.9200 (-7.53%) ($18.2500 - $19.7400) on Wed. Jun. 10, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 6.79% (three month average) |
| RSI | 74 |
| Latest Price | $18.9200(-7.53%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 1.8% a day on average for past five trading days. |
| Weekly Trend | JETS advances 18.8% a week on average for past two weeks. |
| Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
| Correlated ETFs | Broad market will support JETS advance at 0% a week (0% probability)
PEJ(78%) IWN(75%) IWD(71%) IWM(71%) IVE(70%) |
| Factors Impacting JETS price | JETS will decline at least -3.395% 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 | -3.395% (StdDev 6.79%) |
| Hourly BBV | -1.2 () |
| Intraday Trend | -3.7% |
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