(U.S. Global Jets ETF)
| JETS latest price $16.6700 (-3.31%) ($16.5320 - $16.9100) on Thu. Jul. 16, 2020. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 5.01% (three month average) |
| RSI | 51 |
| Latest Price | $16.6700(-3.31%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 1.3% a day on average for past five trading days. |
| Weekly Trend | JETS declines -0.3% a week on average for past two weeks. |
| Market Behavior | Growth stock sell-off for large cap. Growth 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(71%) IWD(70%) IVE(69%) |
| Factors Impacting JETS price | JETS will decline at least -2.505% in a week (0% probabilities).
VIXM(-39%) UUP(-20%) VXX(-15%) TLT(-10%) SHY(-4%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -2.505% (StdDev 5.01%) |
| Hourly BBV | 0.1 () |
| Intraday Trend | -1.1% |
| | |
| |
|