(U.S. Global Jets ETF)
| JETS latest price $20.6100 (16.11%) ($19.8400 - $22.1300) on Mon. Nov. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.96% (three month average) |
RSI | 64 |
Latest Price | $20.6100(16.11%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | JETS advances 4.2% a day on average for past five trading days. |
Weekly Trend | JETS advances 0.5% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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 -1.48% 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 | -1.48% (StdDev 2.96%) |
Hourly BBV | 1.4 () |
Intraday Trend | -4.4% |
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