(U.S. Global Jets ETF)
| JETS latest price $23.5100 (-0.34%) ($23.3900 - $24.0500) on Fri. Dec. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.05% (three month average) |
RSI | 82 |
Latest Price | $23.5100(-0.34%) |
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 4.8% a week on average for past two weeks. |
Market Behavior | Broad based 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(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 | 0.3 () |
Intraday Trend | -1.6% |
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