(U.S. Global Jets ETF)
| JETS latest price $23.5900 (3.78%) ($22.9300 - $23.9800) on Thu. Dec. 3, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 3.05% (three month average) |
| RSI | 86 |
| Latest Price | $23.5900(3.78%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 0.8% a day on average for past five trading days. |
| Weekly Trend | JETS advances 5.3% a week on average for past two weeks. |
| Market Behavior | Normal 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 -1.525% in a week (0% probabilities).
VIXM(-39%) UUP(-22%) VXX(-15%) TLT(-6%) 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 | -1.525% (StdDev 3.05%) |
| Hourly BBV | 1.3 () |
| Intraday Trend | 2.7% |
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