(U.S. Global Jets ETF)
| JETS latest price $17.7600 (-2.95%) ($17.7600 - $18.2900) on Mon. Aug. 31, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 4.01% (three month average) |
| RSI | 51 |
| Latest Price | $17.7600(-2.95%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 0.2% a day on average for past five trading days. |
| Weekly Trend | JETS advances 1.4% a week on average for past two weeks. |
| Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. |
| Correlated ETFs | Broad market will support JETS advance at 0% a week (0% probability)
PEJ(80%) IWN(74%) IYT(74%) IWM(72%) IWD(70%) |
| Factors Impacting JETS price | JETS will decline at least -2.005% in a week (0% probabilities).
VIXM(-40%) UUP(-20%) VXX(-15%) TLT(-9%) EDOC(-6%) |
| 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 | -2.005% (StdDev 4.01%) |
| Hourly BBV | -0.9 () |
| Intraday Trend | -2.9% |
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