(U.S. Global Jets ETF)
| JETS latest price $18.0000 (4.71%) ($17.3900 - $18.0350) on Thu. Nov. 5, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.22% (three month average) |
| RSI | 55 |
| Latest Price | $18.0000(4.71%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 1.2% a day on average for past five trading days. |
| Weekly Trend | JETS declines -1.7% 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(74%) IYT(74%) IWM(72%) IWD(70%) |
| Factors Impacting JETS price | JETS will decline at least -1.11% in a week (0% probabilities).
VIXM(-40%) UUP(-20%) VXX(-15%) TLT(-8%) EDOC(-8%) |
| 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 | -1.11% (StdDev 2.22%) |
| Hourly BBV | 1.9 () |
| Intraday Trend | 3.4% |
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