(U.S. Global Jets ETF)
| JETS latest price $18.3300 (2.23%) ($18.0200 - $18.3600) on Mon. Sep. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.39% (three month average) |
RSI | 62 |
Latest Price | $18.3300(2.23%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | JETS advances 0.1% a day on average for past five trading days. |
Weekly Trend | JETS advances 1% 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 -1.195% 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 | -1.195% (StdDev 2.39%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0.9% |
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