(U.S. Global Jets ETF)
| JETS latest price $22.6400 (0%) ($22.5700 - $22.9400) on Fri. Nov. 27, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.02% (three month average) |
RSI | 80 |
Latest Price | $22.6400(0%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | JETS advances 1.4% a day on average for past five trading days. |
Weekly Trend | JETS advances 6.2% 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%) IWM(73%) IWN(73%) IWC(69%) |
Factors Impacting JETS price | JETS will decline at least -1.51% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.51% (StdDev 3.02%) |
Hourly BBV | -3.1 () |
Intraday Trend | -0.7% |
| |
|
|