(U.S. Global Jets ETF)
| JETS latest price $16.6400 (2.21%) ($16.2500 - $16.7400) on Thu. Aug. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.61% (three month average) |
RSI | 50 |
Latest Price | $16.6400(2.21%) |
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 -1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support JETS advance at 0% a week (0% probability) PEJ(79%) IWN(74%) IWM(71%) IWD(70%) IVE(69%) |
Factors Impacting JETS price | JETS will decline at least -2.305% in a week (0% probabilities). VIXM(-39%) UUP(-20%) VXX(-15%) TLT(-9%) 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 | -2.305% (StdDev 4.61%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0.5% |
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