(U.S. Global Jets ETF)
| JETS latest price $17.3100 (-1.37%) ($17.2200 - $17.7400) on Thu. Aug. 13, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.48% (three month average) |
RSI | 69 |
Latest Price | $17.3100(-1.37%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | JETS advances 0.8% a day on average for past five trading days. |
Weekly Trend | JETS advances 4.8% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support JETS advance at 0% a week (0% probability) PEJ(80%) IWN(75%) IWM(72%) IWD(70%) IVE(69%) |
Factors Impacting JETS price | JETS will decline at least -2.24% in a week (0% probabilities). VIXM(-40%) UUP(-21%) VXX(-15%) TLT(-10%) 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 | -2.24% (StdDev 4.48%) |
Hourly BBV | -1.2 () |
Intraday Trend | -0.2% |
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