(U.S. Global Jets ETF)
| JETS latest price $17.5700 (5.59%) ($16.7300 - $17.5700) on Mon. Aug. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.3% (three month average) |
RSI | 75 |
Latest Price | $17.5700(5.59%) |
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 0.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support JETS advance at 0% a week (0% probability) PEJ(80%) IWN(75%) IYT(74%) IWM(72%) IWD(70%) |
Factors Impacting JETS price | JETS will decline at least -2.15% 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 | -2.15% (StdDev 4.3%) |
Hourly BBV | 1.7 () |
Intraday Trend | 3.4% |
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