(U.S. Global Jets ETF)
| JETS latest price $17.5500 (-0.45%) ($17.3100 - $18.0100) on Wed. Aug. 12, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 4.52% (three month average) |
| RSI | 65 |
| Latest Price | $17.5500(-0.45%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 1.5% a day on average for past five trading days. |
| Weekly Trend | JETS advances 4.1% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
| Correlated ETFs | Broad market will support JETS advance at 0% a week (0% probability)
PEJ(80%) IWN(74%) IWM(71%) IWD(70%) IVE(69%) |
| Factors Impacting JETS price | JETS will decline at least -2.26% in a week (0% probabilities).
VIXM(-39%) UUP(-20%) VXX(-15%) TLT(-9%) EDOC(-7%) |
| 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 | -2.26% (StdDev 4.52%) |
| Hourly BBV | -0.4 () |
| Intraday Trend | -2.6% |
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