(U.S. Global Jets ETF)
| JETS latest price $17.9700 (-1.59%) ($17.7500 - $18.2400) on Wed. Sep. 9, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 3.3% (three month average) |
| RSI | 67 |
| Latest Price | $17.9700(-1.59%) |
| 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 2.9% 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 -1.65% 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 | -1.65% (StdDev 3.3%) |
| Hourly BBV | -0.5 () |
| Intraday Trend | -1.4% |
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