(U.S. Global Jets ETF)
| JETS latest price $18.0400 (1.52%) ($17.5600 - $18.0800) on Wed. Sep. 2, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.98% (three month average) |
RSI | 59 |
Latest Price | $18.0400(1.52%) |
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 2.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based 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 -1.99% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.99% (StdDev 3.98%) |
Hourly BBV | 1.6 () |
Intraday Trend | 1.2% |
| |
|
|