(U.S. Global Jets ETF)
| JETS latest price $21.0600 (0.29%) ($20.8200 - $21.1300) on Thu. Nov. 19, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 3% (three month average) |
| RSI | 79 |
| Latest Price | $21.0600(0.29%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 1.8% a day on average for past five trading days. |
| Weekly Trend | JETS advances 9.4% a week on average for past two weeks. |
| Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
| Correlated ETFs | Broad market will support JETS advance at 0% a week (0% probability)
PEJ(80%) IYT(75%) IWN(73%) IWM(72%) IWC(69%) |
| Factors Impacting JETS price | JETS will decline at least -1.5% in a week (0% probabilities).
VIXM(-39%) UUP(-22%) VXX(-15%) EDOC(-9%) TLT(-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 | -1.5% (StdDev 3%) |
| Hourly BBV | -0.2 () |
| Intraday Trend | 0.4% |
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