(U.S. Global Jets ETF)
| JETS latest price $21.4200 (3.18%) ($20.9300 - $21.4300) on Mon. Nov. 23, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 3.03% (three month average) |
| RSI | 77 |
| Latest Price | $21.4200(3.18%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 0.5% a day on average for past five trading days. |
| Weekly Trend | JETS advances 7.3% a week on average for past two weeks. |
| Market Behavior | Value stock 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%) IYT(75%) IWN(74%) IWM(73%) IWC(70%) |
| Factors Impacting JETS price | JETS will decline at least -1.515% in a week (0% probabilities).
VIXM(-39%) UUP(-22%) VXX(-15%) EDOC(-8%) TLT(-6%) |
| 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 | -1.515% (StdDev 3.03%) |
| Hourly BBV | 2.3 () |
| Intraday Trend | 2% |
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