(U.S. Global Jets ETF)
| JETS latest price $17.1700 (-1.66%) ($17.1350 - $17.8650) on Tue. Oct. 6, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.33% (three month average) |
| RSI | 30 |
| Latest Price | $17.1700(-1.66%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 0.4% a day on average for past five trading days. |
| Weekly Trend | JETS declines -1.9% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support JETS advance at 0% a week (0% probability)
PEJ(80%) IWN(74%) IYT(74%) IWM(72%) IWD(70%) |
| Factors Impacting JETS price | JETS will decline at least -1.165% in a week (0% probabilities).
VIXM(-40%) UUP(-21%) VXX(-15%) TLT(-9%) EDOC(-7%) |
| 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 | -1.165% (StdDev 2.33%) |
| Hourly BBV | -0.5 () |
| Intraday Trend | -2.9% |
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