Trading Signals: JETS Stock Price Prediction and Forecast

^ JETS: Intraday Forecast Similar Waves Research Timing Gains Losses Strategies Practice

Fri. Jul. 24, 2020

Trading Signals: JETS Stock Price Prediction and Forecast (Thu. Apr. 30, 2015 - Wed. Jan. 20, 2021)

(U.S. Global Jets ETF)
JETS latest price $15.9300 (-2.21%) ($15.8600 - $16.1800) on Fri. Jul. 24, 2020.

Trend Analysis and Forecast

Trend Pattern   -1.0794473684211 Growing Downtrend
Trend Narrative   Downtrend
Average Daily Price Swing   $0.38 (2.32% one month average)
Average Daily Percentage Swing   4.98% (three month average)
Weekly Trend Force   -0.2% (StdDev 4.98%)
Daily Moving Force   -0.6%
Rebound Strength   None(0%)
Trend   -0.14%
Latest Price   $15.9300(-2.21%)
Forecasted Low Price   15.72(-1.3%)
Forecasted High Price   16.17(1.5%)
Direction of Next Movement   Range(-0.7%)
% Change Needed to Confirm Rebound   4.1% ((16.59))
% Change Needed for Trend Reversal   4.9%
Hourly Trend -0.6% [$16.14(-0.1), $16.21(-0.06)]
Stocks Behave Similarly   Similar Stock List
Complacency   4
Intraday Reversal Probability   N/A.
Daily Trend   JETS declines -0.7% a day on average for past five trading days.
Weekly Trend   JETS declines -0.4% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support JETS decline at-0.2% a week (86% probability)
XAR(83%)    IWN(82%)    PEJ(82%)    XLF(82%)    IWD(80%)
Factors Impacting JETS price   JETS will decline at least -0.8% in a week (43% probabilities).
VIXM(-51%)    VXX(-47%)    TLT(-47%)    UUP(-28%)    BNDX(-27%)
Explanation The decline is sustainable and supported by the broad market.
Trading Plan   Not Available

Valuation to SPY -1.3

Relative Volatility -1.2 (options are cheap)

Market Trend Strength   -1.2% (StdDev 4.98%)
Hourly BBV -1.2 ()
Intraday Trend -1.2%

Next Day Open Price   $15.87(-0.38%)
1 - 5 Day Possible Target   $15.61(-2.01%)
Resistance Level   $16.35
5 Day Moving Average   $16.16(-1.42%)
10 Day Moving Average   $16.31(-2.33%)
20 Day Moving Average   $16.35(-2.57%)
To recent high   -27.4%
To recent low   32.8%
Market Cap   $N/A

Option Sentiment

One Year Target Price    $20.19 (26.77%)

$. Technical analysis works only if the market conditions in the future are not drastically different from the past. Always read market news to understand the causes of the price movement before making a trading decision. News

$. JETS price fluctuates within 2.32% (three month std-dev: 4.98% one year average std_dev: 0%) daily (68% of days).
$. JETS price fluctuates within 0% weekly (one year average std_dev: %).

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200824

i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Pattern	Next Direction	C	RSI	Scale	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low
1	Jul_24_2020	16.35 (-0.2%)	16.31 (-0%)	16.16 (-0.7%)	16.21	16.14(0%)	15.93(-2.21%)	15.86-16.18	-1(-1.1)	-1.2	-0.6%	-0.2%	0%	-0.14%	-1.0794473684211 Growing Downtrend	Range(0.3%)	4	41	0.5	-1.3	1.5	Downtrend	15.94(0.06%)	15.91-16	5.43	-27.4%-32.8%
2	Jul_23_2020	16.38 (-0.2%)	16.34 (-0%)	16.28 (-0.4%)	16.27	16.24(0%)	16.29(0.56%)	15.9-16.72	-0.4(-0.2)	-2.5	-0.3%	0.3%	0%	-0.12%	N/A	Range(0%)	4	48	0.5	-0.9	1.4	Rebound	16.36(0.44%)	16.27-16.4	4.91	-25.8%-35.8%
3	Jul_22_2020	16.39 (-0.4%)	16.28 (-0.2%)	16.35 (-1.3%)	16.36	16.27(0%)	16.2(-0.43%)	16.12-16.39	-0.4(-0.5)	-7.3	-0.6%	-0.2%	0%	-0.18%	-0.39834054054054 Growing Downtrend	Range(-0.6%)	4	48	0.5	-1.5	1.7	Growing Downtrend	16.18(-0.1%)	16.16-16.23	1.52	-26.2%-35%
4	Jul_21_2020	16.44 (-0.4%)	16.29 (0%)	16.56 (0.3%)	16.48	16.3(0%)	16.27(0.87%)	16.21-16.47	-0.4(-0.4)	-2.3	-0.7%	-0.1%	0%	-0.1%	-0.35779047619048 Growing Downtrend	Range(-0.8%)	4	47	0.5	-1.3	1.7	Rebound	16.35(0.5%)	16.25-16.39	2.39	-25.8%-35.6%
5	Jul_20_2020	16.49 (-0.4%)	16.3 (-0%)	16.51 (0.2%)	16.65	16.44(0%)	16.13(-2.18%)	16.05-16.55	-0.6(-0.8)	-1.5	-0.4%	-0.5%	0%	-0.2%	-0.73959130434783 Growing Downtrend	Range(0.2%)	4	44	0.6	-1.5	2.1	Growing Downtrend	16.11(-0.1%)	16.09-16.19	2.57	-26.5%-34.4%

6	Jul_17_2020	16.56 (-0.4%)	16.3 (-0%)	16.47 (0.4%)	16.53	16.67(0%)	16.49(-1.08%)	16.43-16.77	-0.1(-0.1)	-1.8	-0.2%	-0.2%	0%	-0.16%	-0.098290196078433 Growing Downtrend Downtrend Pop	Range(0.1%)	5	56	0.6	-0.8	2	N/A	16.49(0.02%)	16.45-16.53	2.37	-24.8%-37.4%
7	Jul_16_2020	16.63 (-0.4%)	16.38 (-0%)	16.4 (1.3%)	16.41	16.85(0%)	16.67(-3.31%)	16.53-16.91	0.1(0.1)	1.7	2%	-0%	0%	-0.16%	Uptrend Reversal	Higher(3.7%)	5	51	0.7	-0.5	1.8	Rebound	16.62(-0.31%)	16.64-16.61	3.34	-24%-38.9%
8	Jul_15_2020	16.69 (-0.6%)	16.36 (-0.2%)	16.19 (1.1%)	16.18	16.39(0%)	17.24(7.75%)	16.54-17.31	0.8(0.8)	1.9	2%	0.2%	0%	-0.28%	Uptrend Reversal	Range(2.2%)	5	57	0.8	0	1.8	After Bottom	17.04(-1.16%)	16.92-17.13	8.15	-21.4%-43.7%
9	Jul_14_2020	16.74 (-0.6%)	16.29 (-0.4%)	16.01 (-0.4%)	15.91	15.97(0%)	16(0.44%)	15.6-16.07	-0.9(-1)	-0.6	-0.2%	-0.5%	0%	-0.48%	-0.86103376623376 Growing Downtrend	Range(-0.7%)	5	39	0.9	-1.2	1.3	After Bottom	16.11(0.71%)	15.78-16.39	2.16	-27.1%-33.3%
10	Jul_13_2020	16.85 (-0.8%)	16.37 (-0.4%)	16.07 (-1.3%)	16	15.96(0%)	15.93(-1.55%)	15.86-16.37	-1.1(-1.2)	-1.1	-0.1%	-0.3%	0%	-0.54%	-1.040475 Growing Downtrend	Range(0.4%)	4	39	0.9	-1.1	1	Downtrend	15.85(-0.51%)	15.74-16.1	3.63	-27.4%-32.8%

11	Jul_10_2020	16.96 (-0.8%)	16.39 (-0.4%)	16.28 (-0.5%)	16.09	15.87(0%)	16.18(3.65%)	15.42-16.21	-0.9(-1)	-1.1	-0.7%	-0.2%	0%	-0.58%	Downtrend Pop	Range(-0.9%)	4	38	1	-0.9	1.3	After Bottom	16.27(0.58%)	15.89-16.59	2.79	-26.3%-34.8%
12	Jul_9_2020	16.98 (-1%)	16.43 (-0.6%)	16.36 (-1.1%)	16.29	15.95(0%)	15.61(-4.41%)	15.54-16.23	-1.6(-1.7)	-1.2	-1.8%	-0.6%	0%	-0.68%	-1.540424691358 Growing Downtrend	Range(-0.2%)	4	29	0.9	-1.3	1	Downtrend	15.53(-0.54%)	15.39-15.85	3.32	-28.9%-30.1%
13	Jul_8_2020	17.15 (-0.8%)	16.51 (-0.6%)	16.54 (-0.4%)	16.54	16.3(0%)	16.33(0.18%)	15.96-16.38	-0.8(-1)	-2	-1.3%	-0.7%	0%	-0.7%	-0.84144047619048 Growing Downtrend	Range(-2%)	4	32	1	-0.7	1.1	After Bottom	16.37(0.22%)	15.97-16.69	2.76	-25.6%-36.1%
14	Jul_7_2020	17.34 (-0.6%)	16.61 (-0.8%)	16.6 (-0.7%)	16.67	16.63(0%)	16.3(-3.89%)	16.26-16.65	-0.8(-1)	-4	-0.6%	-0.9%	0%	-0.68%	-0.84415185185185 Growing Downtrend	Range(0.4%)	4	30	1.2	-0.6	1	Downtrend	16.13(-1.03%)	16-16.45	2.23	-25.7%-35.8%
15	Jul_6_2020	17.61 (-0.4%)	16.71 (-0.8%)	16.71 (1.2%)	16.72	16.77(0%)	16.96(2.23%)	16.54-17.1	-0.4(-0.5)	2	0.5%	-0.5%	0%	-0.6%	Downtrend Consolidation	Range(0%)	4	38	1.6	-0.2	1.1	Downtrend	16.8(-0.96%)	16.68-17.06	2.99	-22.7%-41.3%

16	Jul_2_2020	17.75 (-0.2%)	16.75 (-1%)	16.71 (0%)	16.68	16.71(0%)	16.59(0.42%)	16.56-17.1	-0.7(-0.8)	3.3	0.4%	-0.8%	0%	-0.68%	Downtrend Consolidation	Range(-0.4%)	3	33	1.7	-0.4	1.2	Downtrend	16.41(-1.11%)	16.24-16.8	3.04	-24.4%-38.3%
17	Jul_1_2020	17.88 (0%)	16.89 (-0.8%)	16.52 (0.2%)	16.49	16.68(0%)	16.52(-0.78%)	16.43-17.35	-0.8(-0.9)	2.8	0.3%	-0.7%	0%	-0.54%	Downtrend Consolidation Downtrend Pop	Range(-0%)	2	54	1.6	-0.4	0.9	Downtrend	16.39(-0.79%)	16.24-16.73	3.77	-24.7%-37.7%
18	Jun_30_2020	17.93 (0.2%)	17.04 (-1%)	16.48 (-0.8%)	16.4	16.65(0%)	16.65(-1.07%)	16.36-16.83	-0.8(-0.8)	1.4	1%	-0.7%	0%	-0.6%	Rebound	Range(0.8%)	2	39	1.6	-0.2	0.4	Downtrend	16.52(-0.81%)	16.37-16.86	2.46	-24.1%-38.8%
19	Jun_29_2020	17.91 (0.2%)	17.22 (-1%)	16.62 (-0.5%)	16.35	16.3(0%)	16.83(5.06%)	15.89-16.89	-0.6(-0.7)	1.2	0.1%	-0.4%	0%	-0.64%	Downtrend Consolidation	Range(-0.3%)	2	34	1.6	0.1	0.4	After Bottom	16.93(0.62%)	16.39-17.38	4.82	-23.3%-40.3%
20	Jun_26_2020	17.88 (0.4%)	17.34 (-1.4%)	16.71 (-1.8%)	16.48	16.16(0%)	16.02(-3.38%)	15.77-16.54	-1(-1.1)	-3.3	-1.7%	-0.9%	0%	-0.82%	-1.0278506024096 Growing Downtrend	Range(-0.9%)	2	25	1.7	-0.2	0.1	Downtrend	15.8(-1.39%)	15.57-16.32	4.26	-27%-33.5%

21	Jun_25_2020	17.85 (0.6%)	17.57 (-1.4%)	17.02 (-1.7%)	16.81	16.4(0%)	16.58(1.53%)	15.82-16.61	-0.7(-0.7)	-0.4	-2.2%	0%	0%	-0.78%	N/A	Range(-2.2%)	2	38	1.8	-0.1	0.2	Downtrend	16.36(-1.31%)	16.19-16.78	4.57	-24.4%-38.2%
22	Jun_24_2020	17.85 (0.8%)	17.59 (-1.4%)	17.32 (-2%)	17.17	16.8(0%)	16.33(-5.88%)	16.18-17	-0.8(-0.9)	-3.9	-2.4%	-1%	0%	-0.8%	-0.7793098265896 Growing Downtrend	Range(-0.5%)	2	42	1.8	-0.2	0	Correction	14.98(-8.26%)	14.74-15.93	7.45	-25.6%-36.1%
23	Jun_23_2020	17.81 (1%)	17.85 (-1%)	17.68 (-1.2%)	17.55	17.23(0%)	17.35(0.35%)	16.92-17.36	-0.2(-0.3)	-2.5	-1.5%	-1%	0%	-0.46%	-0.21840449438202 Growing Downtrend	Range(-2.5%)	2	54	1.7	0.3	0.1	Correction	16.19(-6.7%)	15.96-17.09	9.95	-20.9%-44.6%
24	Jun_22_2020	17.73 (1.2%)	18.14 (-0.6%)	17.9 (-0.9%)	17.79	17.53(0%)	17.29(-1.59%)	17.12-17.5	-0.1(-0.2)	-2.8	-1.7%	-1.4%	0%	-0.04%	-0.23591318681319 Growing Downtrend	Range(-2.3%)	3	59	1.7	0.3	0.3	Correction	16.58(-4.11%)	16.4-17.29	6.81	-21.2%-44.1%
25	Jun_19_2020	17.57 (1.4%)	18.58 (0.2%)	18.07 (-0.7%)	18.1	17.88(0%)	17.57(-2.66%)	17.26-18.36	0.1(0)	-0.1	-0.7%	-0.7%	0%	0.5%	Downtrend Reversal	Range(-0.1%)	4	61	1.9	0.7	-0.1	Uptrend Consolidation	17.56(-0.05%)	17.47-17.84	4.82	-19.9%-46.4%
i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Pattern	Next Direction	C	RSI	Scale	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low

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