(U.S. Global Jets ETF)
| JETS latest price $17.5200 (-2.18%) ($17.4600 - $17.7000) on Tue. Oct. 13, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.21% (three month average) |
| RSI | 63 |
| Latest Price | $17.5200(-2.18%) |
| 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 advances 2.9% 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(74%) IYT(74%) IWM(72%) IWD(70%) |
| Factors Impacting JETS price | JETS will decline at least -1.105% in a week (0% probabilities).
VIXM(-41%) 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 | -1.105% (StdDev 2.21%) |
| Hourly BBV | -1.5 () |
| Intraday Trend | -1% |
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