(U.S. Global Jets ETF)
| JETS latest price $16.1300 (-2.18%) ($16.0500 - $16.5500) on Mon. Jul. 20, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 4.99% (three month average) |
| RSI | 44 |
| Latest Price | $16.1300(-2.18%) |
| 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 -0.5% a week on average for past two weeks. |
| Market Behavior | Rotation from value to growth 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(74%) IWM(71%) IVE(69%) IWD(69%) |
| Factors Impacting JETS price | JETS will decline at least -2.495% 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. |
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| Relative Volatility | (options are extremely cheap) |
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| Market Trend Strength | -2.495% (StdDev 4.99%) |
| Hourly BBV | -1.4 () |
| Intraday Trend | -1.8% |
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