(U.S. Global Jets ETF)
| JETS latest price $18.0000 (-0.22%) ($17.6900 - $18.7400) on Thu. Sep. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.88% (three month average) |
RSI | 58 |
Latest Price | $18.0000(-0.22%) |
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 3.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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 -1.94% in a week (0% probabilities). VIXM(-40%) UUP(-21%) 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 | -1.94% (StdDev 3.88%) |
Hourly BBV | 0.1 () |
Intraday Trend | -0.9% |
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