(U.S. Global Jets ETF)
| JETS latest price $17.7800 (-4.82%) ($17.5700 - $18.3520) on Mon. Oct. 26, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.07% (three month average) |
RSI | 60 |
Latest Price | $17.7800(-4.82%) |
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 1.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based 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 -1.035% 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 | -1.035% (StdDev 2.07%) |
Hourly BBV | -1.6 () |
Intraday Trend | -2.9% |
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