(U.S. Global Jets ETF)
| JETS latest price $20.7600 (-1.42%) ($20.6800 - $21.1100) on Fri. Nov. 20, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.01% (three month average) |
RSI | 77 |
Latest Price | $20.7600(-1.42%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | JETS advances 0.6% a day on average for past five trading days. |
Weekly Trend | JETS advances 9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(74%) IWM(73%) IWC(69%) |
Factors Impacting JETS price | JETS will decline at least -1.505% in a week (0% probabilities). VIXM(-39%) UUP(-22%) VXX(-15%) TLT(-7%) SHY(-3%) |
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 | -1.505% (StdDev 3.01%) |
Hourly BBV | -1 () |
Intraday Trend | -1.5% |
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