(U.S. Global Jets ETF)
| JETS latest price $17.5400 (-0.17%) ($17.2600 - $17.8800) on Tue. Aug. 25, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 4.27% (three month average) |
| RSI | 69 |
| Latest Price | $17.5400(-0.17%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 1% a day on average for past five trading days. |
| Weekly Trend | JETS advances 0.3% 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(80%) IWN(75%) IYT(74%) IWM(72%) IWD(70%) |
| Factors Impacting JETS price | JETS will decline at least -2.135% 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 | -2.135% (StdDev 4.27%) |
| Hourly BBV | 0.9 () |
| Intraday Trend | -1.3% |
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