(U.S. Global Jets ETF)
| JETS latest price $16.9600 (2.23%) ($16.5400 - $17.1000) on Mon. Jul. 6, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 5.15% (three month average) |
| RSI | 38 |
| Latest Price | $16.9600(2.23%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 1.2% a day on average for past five trading days. |
| Weekly Trend | JETS declines -3.7% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support JETS advance at 0% a week (0% probability)
PEJ(80%) IWN(75%) IWM(71%) IWD(70%) IVE(69%) |
| Factors Impacting JETS price | JETS will decline at least -2.575% in a week (0% probabilities).
VIXM(-39%) UUP(-20%) VXX(-15%) TLT(-10%) SHY(-3%) |
| 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 | -2.575% (StdDev 5.15%) |
| Hourly BBV | 0.3 () |
| Intraday Trend | 0% |
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