(U.S. Global Jets ETF)
| JETS latest price $16.5200 (-0.78%) ($16.4300 - $17.3500) on Wed. Jul. 1, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 5.16% (three month average) |
| RSI | 54 |
| Latest Price | $16.5200(-0.78%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 0.2% a day on average for past five trading days. |
| Weekly Trend | JETS declines -4% a week on average for past two weeks. |
| Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
| Correlated ETFs | Broad market will support JETS advance at 0% a week (0% probability)
PEJ(80%) IWN(75%) IWM(72%) IWD(70%) IVE(69%) |
| Factors Impacting JETS price | JETS will decline at least -2.58% in a week (0% probabilities).
VIXM(-40%) UUP(-20%) VXX(-15%) TLT(-11%) 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 | -2.58% (StdDev 5.16%) |
| Hourly BBV | -0.6 () |
| Intraday Trend | -2.7% |
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