(U.S. Global Jets ETF)
| JETS latest price $18.1500 (-2.89%) ($18.0200 - $18.6300) on Fri. Sep. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.42% (three month average) |
RSI | 48 |
Latest Price | $18.1500(-2.89%) |
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 1.5% a week on average for past two weeks. |
Market Behavior | Broad based 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(75%) IYT(74%) IWM(72%) IWD(70%) |
Factors Impacting JETS price | JETS will decline at least -1.21% 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 | -1.21% (StdDev 2.42%) |
Hourly BBV | -1.6 () |
Intraday Trend | -2.5% |
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