(U.S. Global Jets ETF)
| JETS latest price $23.4500 (-0.21%) ($23.2300 - $23.4600) on Thu. Oct. 6, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.47% (three month average) |
RSI | 76 |
Latest Price | $23.4500(-0.21%) |
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 2.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support JETS advance at 0% a week (0% probability) PEJ(82%) IWN(75%) IWM(73%) IWD(71%) IVE(70%) |
Factors Impacting JETS price | JETS will decline at least -0.735% in a week (0% probabilities). VIXM(-18%) TLT(-17%) UUP(-16%) IGOV(-9%) SHY(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.735% (StdDev 1.47%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
| |
|
|